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    1324 Florida A1A Satellite Beach, FL 32937

    Sponsored
    For Lease
    $22 SF/Yr ($19,416 /Mo)

    Prime Retail/Office Space, High Traffic Area

    Lot size:
    10,591 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10,591 square foot commercial property, located at 1324 Florida A1A in Satellite Beach, Florida 32937, presents a unique investment opportunity. The single-story, Class A building, constructed in 1957 and extensively renovated in 2024, boasts a new façade and offers multiple suites totaling five units. Currently, 4,163 square feet are available, with divisible spaces ranging from 1,971 to 2,192 contiguous square feet. The property is zoned for commercial use, ideal for retail, restaurant, or office tenants. Build-to-suit options are available to customize the space to meet specific business needs. Benefit from excellent visibility on Highway A1A, with over 29,000 vehicles passing daily. The location is strategically positioned across from Satellite High School and Delaura Middle School, ensuring consistent local traffic. Proximity to a new 27-acre mixed-use development and Patrick Space Force Base provides access to a substantial customer base. The area boasts an average household income exceeding $110,000 within a 3-mile radius and a population of over 26,000 residents. The property includes 32 parking spaces and sits on a 0.54-acre lot. Property taxes are $2.42 per square foot. This prime location and versatile space offer significant potential for growth and profitability.

    Property Features for 1324 Florida A1A

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,591 SF
    Class
    A
    Total Rate
    19416.83

    Building Details

    Year Built/Renovated
    1957/2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Retail / Office Highway A1A
    Size
    1,971 SF
    Rate per SF
    $22
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Satellite Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.590155341081
    Latitude
    28.175152411145

    Nearby Comparable

    • $22 SF/Yr
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      A1A Retail Spaces, Satellite Beach

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    • $22 SF/Yr
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      Highway A1A Retail Opportunity

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    • $15 SF/Yr
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      Office Space Near Patrick SFB

      Office suites available for lease near Patrick Space Force Base.
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      Retail Spaces on Patrick Drive

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      Retail Space in Publix-Anchored Center

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    • $3,694 /Mo
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      Ocean Springs Shopping Center: Prime Retail

      Beachfront Retail Space Available; High Traffic Area
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      Retail Space in Indian Harbour

      Retail spaces available in Indian Harbour Beach shopping center.
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      Retail Space Near Coastal Activities

      Retail space near beaches with high traffic and local residents.
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    Nearby Similar for Lease

    • $22 SF/Yr
      10,519 SF

      A1A Retail Spaces, Satellite Beach

      High-traffic retail/office suites.
      1324 Florida A1A, Satellite Beach, FL 32937
      View Details
    • Contact for pricing
      3,350 SF

      Retail Space on Highway A1A

      High-visibility retail space near schools and new development.
      1024 Hwy, Satellite Beach, FL
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    • $15 SF/Yr
      3,450 SF

      Office Space Near Patrick SFB

      Office suites available for lease near Patrick Space Force Base.
      1227 S Patrick Dr, Satellite Beach, FL
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Retail/Office Space, High Traffic Area
    Where is this restaurant located?
    The property is located at 1324 Florida A1A Satellite Beach, FL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    Request Owner's contact information
    1324 Florida A1A Satellite Beach, FL 32937
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    Satellite Beach, FL 32937
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1324 Florida A1A Satellite Beach, FL 32937
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