Commercial Lease · Warehouse
1340 CLEARMONT STREET NE UNIT 308, PALM BAY, FL, 32905
Active374 days on marketListed Jul 31, 2025MLS #O6332175
About this property
The property at a glance
Warehouse/ flex space available in Palm Bay, across from Harris Aerospace. The warehouse is 2,860 sq ft, including the warehouse bay & office space, and includes a private bathroom. The unit features a new 5 ton AC, plus both the office area & warehouse bay are air conditioned. There is a large roll up door in the rear and ample parking. Asking $2,495/ month + electric (individually metered). There is no additional CAM charge, and the rent includes water/ sewer, plus standard trash removal. MOVE IN WITH FIRST MONTH RENT AND SECURITY DEPOSIT.
12,870
Building sq ft
$2
Price / sq ft
0
Lot acres
1985
Year built
9
Units
1
Building
Warehouse
Property type
The numbers
Investment snapshot
$3,327
Price / unit
Modified Gross
Lease structure
12 Months
Lease term
9
Units
Estimated payment (illustrative)
Estimated payment
$399/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask German to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
24,473
Population
$56,671
Median income
45.4
Median age
2.25
Avg household
$206,200
Median home value
$1,361/mo
Median rent
2,227
Households w/ kids
Recent sales
What actually sold near 1340 CLEARMONT STREET NE UNIT 308
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$360,000
2179 JULIAN AVENUE NE UNIT A
1,870 sqft · $193/sqft · Sold Apr 13, 2026
$21,600
2419 S BABCOCK STREET UNIT A
Sold Nov 21, 2025
$750,000
2790 NE PALM BAY ROAD
7,520 sqft · $100/sqft · Sold Nov 8, 2024
Your team
The pros in your corner
Your agent
German Parra Tovar
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 1340 CLEARMONT STREET NE UNIT 308 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1340 CLEARMONT STREET NE UNIT 308.
See it in person
Schedule a tour
Live availability from German's calendar — pick a time and it's booked.
Listing courtesy of TRUST REALTY USA, LLC · Uri Segev. MLS #O6332175.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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