Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1324 Florida A1A Satellite Beach, FL 32937

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-traffic retail/office suites.

    Lot size:
    10,519 SF

    Property Features for 1324 Florida A1A

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,519 SF
    Total Rate
    19284.83

    Building Details

    Year Renovated
    2024
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 1324 Florida A1A, Satellite Beach, FL 32937 Contact us
    Unit

    $22 /Mo

    Size
    2,192 SF
    Contact us

    We can help!

    Listing Contact
    Cassandra Hartford
    Cassandra Hartford

    Listing Agency: Reach Commercial Real Estate Listing Agent: Cassandra Hartford

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional Satellite Beach commercial property, located at 1324 Florida A1A, offers 10,519 square feet of versatile space ideal for retail, office, or restaurant use. The single-story building features five suites, with two currently available: one approximately 2,192 square feet (divisible) and another approximately 1,971 square feet. A minimum of 1,917 square feet is divisible, with a maximum contiguous space of 2,192 square feet. The property boasts a new façade, excellent visibility on Highway A1A (over 29,000 vehicles daily), and is situated in a thriving commercial corridor across from Satellite High School and Delaura Middle School. Its proximity to a new 27-acre mixed-use development and Patrick Space Force Base ensures a strong customer base. The 0.54-acre lot includes 32 parking spaces. The building was renovated in 2024 and is zoned for commercial use. Build-to-suit options are available. The average household income within a 3-mile radius exceeds $110,000, and the area population surpasses 26,000 residents. Property taxes are $2.42 per square foot. This prime location presents a unique opportunity for businesses seeking high visibility and a strong local market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Satellite Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.5907531
    Latitude
    28.1750686

    Nearby Similar for Lease

    • $400 /Mo
      31,363 SF

      Satellite Beach Executive Office Space

      Executive office space for rent, immediate occupancy, great location.
      1290 Highway 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
      View Details
    • Contact for pricing
      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
    • $22 SF/Yr
      10,591 SF

      A1A Retail Space, Satellite Beach

      Prime Retail/Office Space, High Traffic Area
      1324 Florida A1A, Satellite Beach, FL 32937
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-traffic retail/office suites.
    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.
    What are key features of this property?
    This property features: 10,519 SF commercial building at 1324 Florida A1A, Satellite Beach.; Five suites, two available (approx. 2,192 SF divisible and 1,971 SF).; High visibility on A1A (29,000+ VPD), across from Satellite High & Delaura Middle Schools.
    (321) 300-4773 Call to check price and availability
    Request Owner's contact information
    1324 Florida A1A Satellite Beach, FL 32937
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1324 Florida A1A
    Satellite Beach, FL 32937
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cassandra Hartford
    Cassandra Hartford
    Real Estate License ID: 3296024
    (321) 300-4773 (321) 514-0876
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!