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A1A Corner Hotel Development Site
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818 Florida A1A, Satellite Beach, FL 32937

Development site approved for a 222-room hotel with ocean views.

Property SizeContact for details
Days on Market951

Property Features for 818 Florida A1A

General Information

Standard status Active
Property subtype Land
Listing Agency: The Jaffe Group
Listed By: Michael Jaffe · License #357342
Source: Crexi
Added: Jan 24, 2024 Changed: Aug 19 Last Checked: Sep 1 at 6:27AM

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 The Jaffe Group

Investment Insights

Based on property information with market context.

Located at the northwest corner of A1A and Shearwater Parkway in Satellite Beach, Florida, on Florida’s Space Coast, this site is directly across the street from Hightower Beach Park & Preserve, ensuring permanent views. The site has a binding site plan and zoning approvals for a 222-room hotel with a height of 85 feet. The site has been filled 18 inches above the crown of the road, and water and sewer have been stubbed to the site. A stormwater permit is in place for an interconnected offsite system. The concept plan has been configured to develop a 4-star hotel. There is a significant demand for an upscale hotel in this beachside market.

Key Highlights

  • Directly across from Hightower Beach Park & Preserve, ensuring permanent, unobstructed views.
  • Zoning approvals and binding site plan in place for a 222‑room hotel.
  • Located at a prime corner location: NW Corner of A1A & Shearwater Parkway, Satellite Beach, Florida.

Property Analytics

Current Use

Commercial land

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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site approved for a 222-room hotel with ocean views.
Where is this commercial land located?
The property is located at 818 Florida A1A Satellite Beach, FL.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Directly across from Hightower Beach Park & Preserve, ensuring permanent, unobstructed views.; Zoning approvals and binding site plan in place for a 222‑room hotel.; Located at a prime corner location: NW Corner of A1A & Shearwater Parkway, Satellite Beach, Florida.
(321) 258-3443 Call to check price and availability
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