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

Documents

For Sale Brochure ›

Listing Office: Charles A. Von Stein, Inc

Last Updated: June - 24 - 2026

Information is deemed to be reliable, but is not guaranteed.