$5,950,000
Palm Bay, FL 32905
MLS# 1080842
3 baths | 41701 sqft
1 / 1
Property 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.
Details
Maps
Documents
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.
General Property Information
Number Of Units Total: 19
Building Area Total: 41701
Lot Size Acres: 3.55
List Price/SqFt: 142.68
Bathrooms Total: 3
Year Built: 1986
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.
Construction Materials
Other: 1
Lot Features
Other: 1
Parking Features
Parking Lot: 1
Sewer
Public Sewer: 1
Unit 1 Details
Unit ID: 102
Annual Rent: 64786.8
Unit SqFt: 4111
# Units (This Type): 1
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): 1
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
Water Source
Public: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $5,950,000
Original List Price: 5950000
List Price: $5,950,000
Status: Active
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
Status Change Information
Major Change Timestamp: 2026-06-24T17:03:03Z
Major Change Type: New Listing
Status Change Timestamp: 2026-06-24
Property Features
Construction Materials: Other
Lot Features: Other
Parking Features: Parking Lot
Sale Includes: Building & Land
Sewer: Public Sewer
Water Source: Public
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.