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For SaleSingle Family Home
$1.1M
422 Martin Road SE, Palm Bay, FL 32909
Palm Bay - Turkey Creek Preserve neighborhood
Subdivision: Port Malabar Unit 40
5
Bathrooms
4,680
Sq Ft
2009
Year Built
$235 /sqft

About This Property

Description from listing agent

SELLER WILL VACATE FOR NEW OWNER/BUSINESS AND IS OFFERING SELLER FINANCING! PRIME Commercial Property ZONED 'GENERAL COMMERCIAL' Allowing MULTIPLE and VARIED USES (See ''Documents'' - Zoning, Floor Plan, Maps). Exposure and Signage On Babcock Street. Current Use Is Adult Day Care With Medical Overtones, But Owner Can Vacate for New Owner/Business. Well Designed CBS BUILDING/METAL ROOF, Raised Ceilings, Ceramic Flooring Throughout, With Community Rooms, Offices, (2) Commercial Kitchens, Multiple Bathrooms, Laundry, Pantries, Covered Wrap-Around Porch, Screened Porch and Portico. Set Up Conducive To Various Medical Facility Usages, Clinics, Laboratories, Electronics - R&D, Etc. Sprinkler System/Riser Room - Fully Compliant With Fire Codes; 20 Parking Spaces, and Perimeter Fencing. Location Is Proximate To I-95, Palm Bay Hospital and Arterial Roadways. Business Is Excluded But May Be Negotiated Separately For Qualified Buyer Wanting To Continue ADC.

Space Coast Context

🚀 Launch Viewing — Fair Views

39.6 mi from SLC-40

39.6 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris7.6 mi~17 min
Northrop9.5 mi~21 min
Blue Origin33.6 mi~1h 15m
SpaceX34.8 mi~1h 18m
Lockheed34.8 mi~1h 18m
Boeing/KSC36.6 mi~1h 22m
KSC37.1 mi~1h 23m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.58 acres (25,265 sqft)
Days on Market
915
MLS Area
342 - Malabar/Grant-Valkaria

Financial & Listing Details

Listed
Feb 23, 2024
Parcel #
29-37-03-26-01990.0-0035.00
$1.1M

Listing Agent (for property info)

J
Joseph Mignone
Dale Sorensen Real Estate Inc.
321-501-8307
Call Listing Agent

Estimated Monthly Payment

$7,046/mo
Principal & interest
$5,796
Property taxes
$1,100
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $1.1M price — down payment shown: $220,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1005760

What's Nearby

schools
Palm Bay Academy - Middle School Campus
0.4 mi away
government
Saint Johns River Water Management District: Palm Bay Service Center
0.5 mi away
shopping
Fil-Am Oriental Store
0.5 mi away
schools
Eastern Florida State College
0.6 mi away
shopping
RaceTrac Shop
0.6 mi away
shopping
Sunoco
0.6 mi away
shopping
Mr. K Food Store
0.6 mi away
restaurants
Twisty Cone
0.6 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1005760 · Listing Broker: Dale Sorensen Real Estate Inc. · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.