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    Mixed-Use 4-Plex with Garage Title is generated by Realmo AI

    565 Jackson Avenue, Satellite Beach, FL 32937

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    For Sale
    $979,000

    COMMERCIAL - Satellite Beach, FL

    Property size:
    4,550 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $215/SF
    Added:
    Mar 16, 2026
    Days on Market:
    107
    Last Refresh:
    Jun 30 at 3:06 am

    Property Features for 565 Jackson Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    6
    Rooms
    Bedroom 2, Bedroom 7, Bedroom 6, Bathroom 4, Bathroom 3, Bathroom 5, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 1
    Exterior features
    Balcony
    Appliances
    Electric Range, Refrigerator
    Standard status
    Active
    APN
    26-37-35-02-00020.0-0009.00
    Size
    4,550 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    EAU GALLIE SHORES LOTS 9 & 10 BLK 20
    Tax Annual Amount
    11703

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1979
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Vinyl
    Building materials
    Block

    We can help!

    Contact an agent
    Jack Taylor

    Listing agent Jack Taylor License #SL3073233

    Listing office RE/MAX Alternative Realty 1900 S Harbor City Blvd. #100, Indialantic, FL

    Listing date Mar 16, 2026

    MLS# 1072004 Listing URL

    Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4‑plex mix‑use property with two upstairs apartments and two commercial units downstairs
    • Residential units have been completely redone with new luxury vinyl floors and updated baseboard, fans, and lighting
    • Roof was replaced in 2023
    • Kitchens feature new wood cabinets, tile backsplash, stainless steel appliances, and granite countertops
    • Each residential unit is listed as rented for $1,700 with built‑in $100 increase at lease expiration
    • Utilities include public water and public sewer; central heating and central air; cable available; block construction; balcony

    Overview

    This is a four-plex mixed-use property arranged with two residential apartments upstairs and two commercial units downstairs. The residential units have been completely redone, including new baseboard, fans, light fixtures, paint, and luxury vinyl flooring. The kitchens include new wood cabinets, tile backsplash, stainless steel appliances, and granite countertops. The bathrooms feature new vanities, lighting, mirrors, and updated tile work with stand-alone shower configurations. The property also notes a 2023 roof, and the downstairs level includes a two-car garage.

    The property is located at 565 Jackson Avenue in Satellite Beach, Florida 32937. The listing remarks indicate the home is close to shopping, restaurants, schools, and the beach.

    Commercial occupancy includes a salon in one downstairs unit and a CPA in the other. The listing states the downstairs larger commercial unit has room to sublease for additional income. Both commercial leases are described as month-to-month, creating flexibility for an owner-occupant who wants to work in one unit while receiving income from the other three units.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $81.9k $18.00
    − Vacancy −$7.0k −$1.53
    EGI $74.9k $16.47
    − OpEx −$22.5k −$4.94
    NOI $52.5k $11.53
    4,550 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $749.4K
    $655.7K – $874.3K (±1% cap)
    NOI $52,457 @ 7.0% cap · market cap 5.36%
    Second Best
    Multifamily LT 5
    $740.2K
    $647.7K – $863.6K (±1% cap)
    NOI $51,817 @ 7.0% cap · market cap 5.29%
    Theoretical Best
    Office A
    $1.20M
    $1.05M – $1.40M (±1% cap)
    NOI $84,029 @ 7.0% cap · market cap 8.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Satellite Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.604527
    Latitude
    28.183012

    FAQs

    What type of property is this?
    Quadplex - Four-unit mixed-use property with two renovated apartments upstairs and two commercial units downstairs with a two-car garage.
    Where is this quadplex located?
    The property is located at 565 Jackson Avenue Satellite Beach, FL.
    What is the asking price?
    The asking price for this property is $979,000.
    What are key features of this property?
    This property features: 4‑plex mix‑use property with two upstairs apartments and two commercial units downstairs; Residential units have been completely redone with new luxury vinyl floors and updated baseboard, fans, and lighting; Roof was replaced in 2023
    More about this property
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