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For SaleSingle Family Home
$5K
2161 Franklin Drive NE 2-3 (3,500 Sf), Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Port Malabar Industrial Park Subd
0
Bathrooms
12,250
Sq Ft
2024
Year Built
$0 /sqft

About This Property

Description from listing agent

Excellent opportunity to lease a 3,500 SF warehouse unit in northeast Palm Bay! Dimensions are est. 50' wide x 70' deep. Interior includes a 192 SF office, 1 ADA restroom, and est. 3,268 SF warehouse. Warehouse has concrete flooring and 19' - 21' +/- clear height throughout. There are two 12' wide x 14' tall +/- grade level doors. 100% fire sprinklered. Unit has a 2-ton HVAC system. Utilities include City Water/Sewer, Fiber nearby, and 3-phase 120/208v 800 Amp FPL Electric. There are 6 parking spaces + 5 common spaces. Property is strategically positioned just off of Palm Bay Road which is the primary area connector between Interstate 95, Babcock Street and US1. Surrounding employers include L3Harris, ABC Supply, Tibbetts Lumber and Leonardo DRS to name a few. Lots of schools, restaurants, healthcare and childcare in the area. Make this the future home for your business today!

Space Coast Context

🚀 Launch Viewing — Fair Views

36.7 mi from SLC-40

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

Aerospace Commute Guide
L3Harris4.9 mi~11 min
Northrop6.7 mi~15 min
Blue Origin30.6 mi~1h 8m
Lockheed31.8 mi~1h 11m
SpaceX31.9 mi~1h 11m
Boeing/KSC33.8 mi~1h 15m
KSC34.3 mi~1h 16m

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
1.61 acres (70,132 sqft)
Days on Market
306
MLS Area
340 - NE Palm Bay

Financial & Listing Details

Listed
Sep 8, 2025
Parcel #
28-37-22-Fn-00003.0-0011.00
$5K

Listing Agent (for property info)

Z
Zachary Michael Ullian
The Ullian Realty Corporation
321-750-3439
Call Listing Agent

Estimated Monthly Payment

$184/mo
Principal & interest
$28
Property taxes
$5
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $5K price — down payment shown: $1,079.

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# 1056593

Interested in this property?

Equal Housing Opportunity

MLS# 1056593 · Listing Broker: The Ullian Realty Corporation · 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.