0 Cassia Blvd Satellite Beach, FL 32937
This exceptional 22,145 square foot lot in Satellite Beach, Florida (zip code 32937), presents a unique development opportunity. Located on Cassia Boulevard, this cleared land is zoned RM1, allowing for medium-density residential development. The property is ideally suited for the construction of two two-family residential duplexes or two single-family homes, offering significant potential for rental income or owner-occupied residences. Enjoy convenient public beach access directly across the street, with potential ocean views from a second story. The property includes two tax account numbers: 2612385 and 2612386. Detailed documentation, including a concept site plan, floor plan, and survey, is available upon request. The asking price is $875,000. The seller is open to considering a trade for a home or income-producing property, subject to a 1031 Exchange with simultaneous closings. This is a rare chance to acquire prime ocean-proximity land in a desirable Florida location. Don't miss this opportunity to build your vision in a thriving coastal community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.