Active
1404 Highway A1a
Satellite Beach FL, 32937
$2,250,000
$369.34 per sqft
Active
3 Baths
6,092 sqft
Commercial
Built in 1964
This updated income-producing property in the heart of Satellite Beach, offers an unbeatable location just steps from the shoreline. Fully leased to stable tenants, this remodeled gem is a rare find for investors seeking reliable returns with a 6.25% cap rate.
The interior has been fully renovated, boasting modern finishes that attract and retain high-quality tenants. The property features a new roof, ensuring low maintenance for years to come. A pending lease with a popular food truck operator for the parking lot further enhances the property's income potential, making this a versatile and lucrative investment.
This beachside property combines long-term stability with exciting future growth opportunities, all in a highly sought-after location.
1034627
MLSⓇ ID
January 17, 2025
Listed
January 17, 2025
Updated
Map
1404 Highway A1a
Satellite Beach FL, 32937
Interior Features
Total Bathrooms
3
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.69 Acres
Lot Features
Corner Lot
Sewer
Public Sewer
Other Property Details
Area Name
382-Satellite Bch/Indian Harbour Bch
Taxes
$15,356
Tax Frequency
Annually
Garage
No
Parking
Parking Lot
View
No
County
Brevard
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
1/17/2025 | Price change | $2,250,000 900% |
Courtesy of Relentless Real Estate Co., Carmen Louise Conrad,
Listing Contact: 321-302-0763
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.
©2025 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.