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 The Caruso Group 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.