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Second-Floor Office Unit
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1290 Highway A1a #206, Satellite Beach, FL 32937

Electricity and water are included, and the space is available for immediate occupancy.

Property Size630 SF
Price / SF$1.51
Days on Market181

Property Features for 1290 Highway A1a #206

General Information

Standard status Active
Size 630 SF
Property subtype Business

Space & Availability

Floor 2
Condition Move-in Ready

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Property Use Office

Building Details

Year Built 1981
Listing Agency: Compass Florida, LLC
Listed By: Bobby Freeman · License #3076980
Source: Mccoyfreeman
Added: May 5 Changed: Oct 29 Last Checked: Oct 29 at 2:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida, LLC

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Investment Insights

Based on property information with market context.

This 630-square-foot office unit is on the second floor of a professional office property built in 1981. Electricity and water are included, and the space is available for immediate occupancy.

The building fronts Highway A1A in Satellite Beach, directly across from the beach.

Key Highlights

  • 630‑square‑foot office unit on the second floor
  • Electricity and water included
  • Frontage on Highway A1A, across from the beach

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,573
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,460 $171.5K
Cap Rate 7%
$122,471 $122.5K
Cap Rate 9%
$95,256 $95.3K
Market Conditions
NOI Build-Up for 630 SF
Gross rent
$13.6K $21.60/SF
− Vacancy
−$2.2K −$3.46/SF
EGI
$11.4K $18.14/SF
− OpEx
−$2.9K −$4.54/SF
NOI
$8.6K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,460
Cap Rate 7%
$122,471
Cap Rate 9%
$95,256

Alternative Uses

Best Use
Office B
$122.5K
$107.2K – $142.9K (±1% cap)
NOI $8,573 @ 7.0% cap · market cap 902.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$166.2K
$145.4K – $193.9K (±1% cap)
NOI $11,635 @ 7.0% cap · market cap 1,224.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Daycare Center Storage Facility Grocery & Convenience Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

695
Businesses Nearby

Demographics for 32937, FL

27,306
Population
13,619
Households
2
Avg Household Size
50
Median Age
53%
College-Educated
99%
High-School Grad
6.8 sq mi
ZIP Area
4,016
Density / Sq Mi
$98,411
Median Household Income
$55,420
Median Earnings
$1,718
Median Rent
$421,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Electricity and water are included, and the space is available for immediate occupancy.
Where is this office unit located?
The property is located at 1290 Highway A1a #206 Satellite Beach, FL.
What are key features of this property?
This property features: 630‑square‑foot office unit on the second floor; Electricity and water included; Frontage on Highway A1A, across from the beach
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