5240 Babcock Street NE, Palm Bay, FL 32905 (MLS# 1080842)

5240 Babcock Street NE, Palm Bay, FL 32905

$5,950,000
Property Type: Commercial Sale Baths: 3 Square Footage: 41,701 Lot Size (sq. ft.): 154,638 Status: Active
Current Price: $5,950,000 List Date: 6/24/2026 Last Modified: 6/24/2026

Overview

Description

Babcock Professional Center is a 41,700-square-foot, three-story professional office complex situated on 3.55 acres at the signalized intersection of Babcock Street and Port Malabar Boulevard. The property contains 19 office units ranging from 358 to 5,426 square feet and features elevator access, multiple entrances, masonry construction, thermal glass and professional landscaping. Located in a growing South Brevard submarket near retail, medical, restaurant, defense, aviation and technology employers. Offered at $5,950,000.

Listing Details MLS# 1080842

General Property Information

Number Of Units Total
19
Bathrooms Total
3
Building Area Total
41701
Year Built
1986
Lot Size Acres
3.55
List Price/SqFt
142.68

Property Features

Construction Materials: Other Lot Features: Other Parking Features: Parking Lot Sale Includes: Building & Land Sewer: Public Sewer Water Source: Public

Contract Information

Original List Price
5950000
Listing Contract Date
2026-05-29
Property Sub Type
Industrial

Location Tax and Legal

Street Number
5240
Street Name
Babcock
Street Suffix
Street
Street Direction Suffix
NE
County
Brevard
State
FL
Postal Code
32905
MLS Area Major
345 - SW Palm Bay

Remarks and Miscellaneous

Public Remarks
Babcock Professional Center is a 41,700-square-foot, three-story professional office complex situated on 3.55 acres at the signalized intersection of Babcock Street and Port Malabar Boulevard. The property contains 19 office units ranging from 358 to 5,426 square feet and features elevator access, multiple entrances, masonry construction, thermal glass and professional landscaping. Located in a growing South Brevard submarket near retail, medical, restaurant, defense, aviation and technology employers. Offered at $5,950,000.

Status Change Information

Major Change Timestamp
2026-06-24T17:03:03Z
Major Change Type
New Listing
Status Change Timestamp
2026-06-24

More Information

Unit 1 Details

Unit ID
102
Annual Rent
64786.8
Unit SqFt
4111
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Professional Office

Unit 2 Details

Unit ID
102A+B
Annual Rent
31005.96
Unit SqFt
1826
# Units (This Type)
2
Furnished
Unfurnished
Unit Remarks
Suites 102A and 102B

Unit 3 Details

Unit ID
105 & 110
Annual Rent
50955
Unit SqFt
5048
# Units (This Type)
2
Furnished
Unfurnished
Unit Remarks
Suite 105 Occupied Suite 110 Vacant

Unit 4 Details

Unit ID
201
Annual Rent
35858.61
Unit SqFt
1808
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Suite 201

Unit 5 Details

Unit ID
202-212
Annual Rent
116928
Unit SqFt
6797
# Units (This Type)
4
Furnished
Unfurnished
Unit Remarks
Suites 202-205, 206,211, and 212

Unit 6 Details

Unit ID
218A-218B
Annual Rent
51846.96
Unit SqFt
3535
# Units (This Type)
2
Furnished
Unfurnished
Unit Remarks
Suites 218A and 218B

Unit 7 Details

Unit ID
300A-300B
Annual Rent
84780.96
Unit SqFt
5426
# Units (This Type)
2
Furnished
Unfurnished
Unit Remarks
Suites 300A and 300B

Unit 8 Details

Unit ID
307-310C
Annual Rent
97848
Unit SqFt
6652
# Units (This Type)
4
Furnished
Unfurnished
Unit Remarks
Suites 307, 309, 310A and 310B/C

Location, Tax, and Legal

Tax Account
2837178
Parcel Number
28-37-28-75-00000.0-000a.00
General County Location
South
Tax Annual Amount
42650.8
Tax Year
2025
Tax Legal Description
PORT MALABAR COUNTRY CLUB UNIT 1 PART OF TRACT A AS DES IN ORB 2677 PG 2748
Directions
From I-95, take Exit 173 and travel east on Malabar Road. Turn left onto Babcock Street NE. Continue north to the intersection of Babcock Street and Port Malabar Boulevard. The property is located on the west side of Babcock Street at 5240 Babcock Street NE.

Construction Materials

Other
Yes

Lot Features

Other
Yes

Parking Features

Parking Lot
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Sale Includes

Building & Land
Yes
Listing Office: Charles A. Von Stein, Inc
Last Updated: June - 24 - 2026
Information is deemed to be reliable, but is not guaranteed.

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