Active
1568 Highway A1a
Satellite Beach FL, 32937
$2,250,000
$45.31 per sqft
Active
1.14 Acres
Land
''They aren't making land anymore.''
One of only three vacant lots on A1A, this rare, developable 1.14-acre parcel on Hwy A1A in Satellite Beach offers a unique opportunity for a mixed-use project. Entitled for up to 16,000 SF with flexible commercial/residential use.
Development Specs
Site Area: 1.14 acres
Max FAR: 0.7
Recommended: 16,000 SF mixed-use
Commercial: +-8,500 SF
Residential: 5-6 condos (1,800-2,000 SF each)
Parking: 1:300 commercial, 1:1 residential
Investment Drivers
Live Local Act site
Strong neighboring uses
Prime A1A location, below-grade infrastructure may be considered
Market Dynamics
Aerospace & Defense Expansion
111 launches this year, projected 1,000 annually by 2030. STARCOM HQ and DEL 10 nearby.
Corporate Growth
Amazon Kuiper, SpaceX, Blue Origin, Lockheed, Boeing, and more expanding, boosting demand.
Economic Impact
Billions in new investment, high-paying jobs, and housing demand for military and aerospace personnel.
1028403
MLSⓇ ID
October 31, 2024
Listed
November 22, 2024
Updated
Map
1568 Highway A1a
Satellite Beach FL, 32937
Exterior/Building Features
Lot Size
1.14 Acres
Lot Features
Cleared, Other
Sewer
Unknown
School Information
High School
Satellite
Elementary School
Surfside
Other Property Details
Area Name
382-Satellite Bch/Indian Harbour Bch
Taxes
$10,500
Tax Frequency
Annually
Garage
No
View
Yes
View Description
River, Water
County
Brevard
Water Source
Other
Pool
No
Courtesy of Reach Commercial Real Estate, Cassandra Hartford,
Listing Contact: 321-300-4773
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Carpenter | Kessel Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.