Palm Ave Gardens: $3.79M Deed Filed, Asset Class Unconfirmed

A deed recorded September 10, 2026 in Brevard County Official Records Book 10723, Page 2514, Instrument 2026186582, transfers a Palm Ave Gardens parcel for $3,787,500. Grantor is RELENTLESS LJ2 LLC. Grantee is ADI-12500 LLC. The legal description, as clerk-indexed, reads: LT 2 PB 4 PG 14 U 104 PALM AVE GARDENS S 03 T 28 R 37 SUBID 25.

That is the full extent of what the recorded instrument confirms. No street address appears in the summary. No building square footage. No asset class. No characterization of whether this is an arm's-length transaction between unrelated parties or a transfer with other considerations embedded in the consideration amount.

What the Record Does Not Establish

Palm Ave Gardens is a platted subdivision. Lot 2 of that plat could be a commercial parcel, a vacant land tract, or a residential lot depending on zoning and use. Without pulling the BCPAO property record directly, none of those categories can be confirmed from the deed alone. The consideration on record, $3,787,500, is large enough to suggest a commercial or income-producing asset, but consideration amounts on LLC-to-LLC transfers can reflect internal reorganizations, portfolio reshuffling, or debt assumptions rather than a clean third-party sale price.

Neither LLC is publicly identifiable as a known commercial real estate operator from the deed record itself. RELENTLESS LJ2 LLC and ADI-12500 LLC are the full names on the instrument. What either entity does, who controls them, and whether this transfer is part of a larger portfolio transaction are not answerable from what the clerk's record shows.

Why Track This Deed at All

The consideration cleared the $1,000,000 discovery threshold that filters noise from signal in Brevard deed monitoring. Most transfers at this price point in a platted subdivision turn out to be commercial, multifamily, or development land. That does not make this one any of those things until BCPAO confirms it. The point of flagging the deed now is to start the verification, not to report a concluded commercial transaction.

For context on what verified LLC-to-LLC transfers at this scale have looked like in Brevard recently, the Ashton Orlando acquisition at Catamaran Cove for $5M and the $67.5M deed on a Sonata-named Viera asset both came with identifiable asset types from the outset. This one does not yet.

RCRE Take

A $3,787,500 transfer in a county where most commercial sales get done quietly and without a press release is worth tracking. LLC grantees with numbered names, like ADI-12500 LLC, sometimes indicate an asset-specific holding structure, which would suggest an intentional acquisition rather than a reorganization. That is a reasonable inference, not a confirmed fact.

The BCPAO property record will show the parcel's current use code, building square footage if any structure exists, and land area. Until that pull is complete, publishing a price per square foot, a cap rate, or a market characterization based on this deed would be guessing dressed up as analysis. I am not going to do that. When the full property record is confirmed, the story either gets more interesting or it does not.

If you are tracking sales activity in this area of the county for a 1031 exchange, a comparable acquisition, or a competitive market reason, the deed is real. The $3,787,500 consideration is real. Everything else about what this transaction means for that submarket is pending confirmation.

Submarket Context

Palm Ave Gardens is a Brevard platted subdivision. Township 28 South, Range 37 East, Section 03 places this parcel in the general south Brevard corridor. That range designation is consistent with the Palm Bay area mainland, though exact street positioning requires a full parcel lookup to confirm. South Brevard has seen land and commercial acquisition activity tied to population growth and employer expansion in Palm Bay over the past several years. Whether this specific transfer fits that pattern or sits outside it entirely cannot be determined from the deed record alone.

If the parcel does confirm as commercial land or an improved income-producing asset, the Brevard commercial land listings and services pages are the right starting points for understanding what comparable opportunities currently look like in the market.

If you own a commercial property in Brevard and you are watching what adjacent or comparable parcels are trading for, or if you need to understand what a recent deed actually means for your position, call 321-514-0876 or reach out at spacecoastcre.com/contact. Pulling and reading property records is part of the work, not an add-on service.

Frequently Asked Questions

Is the $3,787,500 Palm Ave Gardens transfer a confirmed commercial real estate sale?

The deed is confirmed as recorded in Brevard County Official Records. Whether the underlying asset is commercial, residential, or vacant land has not been confirmed from the deed record alone. A full BCPAO property lookup is required to establish asset class and building details.

How do LLC-to-LLC deed transfers work in Florida, and what does the consideration amount tell you?

Florida requires disclosure of consideration on recorded deeds, but LLC-to-LLC transfers can reflect arm's-length acquisitions, internal portfolio reorganizations, or debt-included transactions. The consideration on record here is $3,787,500, but without characterization of the transaction structure, that figure alone does not confirm a clean market-rate sale.

How can I find out what a Brevard deed transfer actually involves?

The starting point is the Brevard County Property Appraiser's Office, which ties a recorded deed to a parcel record showing use code, building square footage, and land area. The clerk's instrument number from the deed, in this case 2026186582, is enough to pull the full property record.

What does the Palm Ave Gardens legal description tell me about the property's location?

The clerk-indexed legal description places the parcel in Section 03, Township 28 South, Range 37 East, within the Palm Ave Gardens plat, Lot 2. That township and range is consistent with south Brevard, but a precise street address requires a BCPAO parcel lookup against the plat map.

Sources

• Brevard County Official Records, Book 10723, Page 2514, Instrument 2026186582: Establishes the deed transfer date, grantor, grantee, consideration amount, and legal description for the Palm Ave Gardens parcel.

Frequently Asked Questions

Written by Cassandra Hartford, founder and CEO of Reach Commercial Real Estate. She has worked in Brevard County commercial real estate for 18 years, representing buyers, sellers, landlords, and tenants across Florida's Space Coast.