Satellite Beach, FL 32937,1404 Highway A1a
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$ 2,250,000
Est. payment | /mo

3 Baths

6,092 SqFt


Save
$ 2,250,000
Est. payment | /mo
Save

3 Baths

6,092 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 6,092 sqft

Price per Sqft $369

MLS Listing ID 1034627

Total Fin. Sqft 6092

Originating Board Space Coast MLS (Space Coast Association of REALTORS®)

Year Built 1964

Annual Tax Amount $15,355

Tax Year 2024

Lot Size 0.690 Acres

Acres 0.69

Property Description

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.

Location

State FL

County Brevard

Area 382-Satellite Bch/Indian Harbour Bch

Direction Cross the Eau Gallie Causeway into Indian Harbour Beach and proceed east on Eau Gallie Blvd. when you reach N Highway A1A turn left and proceed north for 2.4 miles until you reach your destination on the left 1404 SR- A1A Satellite Beach

Interior

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Parking Lot

Garage No

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 27-37-01-00-00266.0-0000.00

Space Coast Association of Realtors (Brevard MLS)
Listed by Relentless Real Estate Co.
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1404 Highway A1a