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 Milly Akins 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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