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.

 

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