422 Thor Avenue SE Palm Bay, FL $ 725,000
422 Thor Avenue SE
$ 725,000
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422 Thor Avenue SE

Palm Bay, FL, 32909
$ 725,000
Bedrooms-- Baths8.0 Sq 3,840

Monthly Estimate*

$ 4,464

422 Thor Avenue SE, Palm Bay, FL 32909 - Image 1
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Commercial Property for sale in Palm Bay, FL

for $725,000 with 8 full baths. This 3,840 square foot building was built in 1987 on a lot size of 0.36.

Looking for a great investment opportunity in the heart of southeast Palm Bay? With this four-plex apartment complex on City/Sewer...You found it! Each of the four spacious units features 960 sq ft. of living, two bedrooms, two full baths, and a full-size washer and dryer, 8-year-old roof, 2 newer ac's and water heaters on 3 of the units, 3 out of the updated units. The interiors boast a mixture of laminate and tile. Each unit includes a dedicated dining room and a spacious living room, ensuring ample space for tenants to enjoy. Situated on a generous 0.36-acre lot. Seize the chance to enhance your investment portfolio!

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Commercial Active

Price

$ 725,000

Full Bath

8

Property Type

Commercial

Taxes

$ 8,595

Style

Multi Family

Lot Size

0.36

Year Built

1987

Town/City

Palm Bay

County/Region

Brevard

MLS | Web ID

1071040

Features
General
Living Area 3840
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Security Features Smoke Detector(s)
Construction Materials Frame Vinyl Siding
Year Built 1987
Tenant Pays All Utilities
Property Subtype Multi Family
Tax Year 2025
Current Use Investment Multi-Family Residential
County Brevard
Property Type Commercial Sale
HOA false
Attached Garage false
Subdivision Name Port Malabar Unit 40
Status Active
Directions From Malabar Road go south on Babcock Left on Convair right on Thor.
City Palm Bay
Senior Community Y/N false
Zoning Description Multi Family
Number Of Units Total 4
MLS Area 343 - SE Palm Bay
Lot Size Units Acres
Lot Size Square Feet 15681.6
Land Lease Y/N false
Tax Annual Amount 8595.82
MLS Area Minor 343 - SE Palm Bay
Standard Status Active
Legal Description PORT MALABAR UNIT 40 W 105.5 FT OF S 1/2 OF LOT 3 & W 105.5 FT OF LOT 4 BLK 1989
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Interior
Flooring Laminate Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 8
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Exterior
Parking Features Assigned Parking Lot Shared Driveway
Lot Features Other
Water Source Public
Inclusions Building & Land
Lot Size Area 0.36
Lot Size Acres 0.36
Waterfront Y/N false
Road Frontage Type Easement
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* Excluded Features
List By
Waterman Real Estate, Inc.

Broker

bizarrojodie@gmail.com

Email

Affordability Calculator

$5,180
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$716
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2026$725,000 Listed Price

Map


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422 Thor Avenue SE, Palm Bay, FL, 32909 is a Commercial Property for sale at $725,000 with 3,840 sqft and a lot size of 0.36. 422 Thor Avenue SE has 8.0 baths and was built in 1987. The property's zip code is 32909 which is in Palm Bay, FL