304 Florida A1A, Satellite Beach, FL 32937
- Retail properties & Spaces
- 2,291 SF
- 0.68 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 304 Florida A1A
- Year built
- 1965
- Lot size
- 0.68 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Mixed-use properties
Description
This exceptional 2,291 sq ft mixed-use property, located at 304 Florida A1A in Satellite Beach, FL 32937, presents a lucrative investment opportunity. Currently operating as a 100% occupied auto shop, this single-story, 1965-built building sits on a 0.68-acre lot zoned BU1, allowing for diverse commercial uses including retail stores, professional offices, hotels, and motels. The property benefits from a high-traffic location on A1A, with over 28,000 cars passing daily, attracting both local residents and tourists. Satellite Beach boasts a strong economy driven by aerospace, engineering, and tourism, with an average household income exceeding $110,000. The property's prime location near Port Canaveral and major employers like Lockheed Martin, Boeing, and SpaceX ensures a robust customer base. Environmental studies and a site assessment report (SAR) with NFAP (No Further Action Proposed) are complete and available upon request. The asking price is $1,285,000. The sale is AS-IS; furniture, equipment, merchandise, and a commercial freezer do not convey. The seller requires a parking lease-back. This is a rare chance to acquire a well-situated commercial property in a thriving coastal market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Satellite Beach
- County
- Brevard
- State
- Florida
- Longitude
- -80.5969
- Latitude
- 28.2031
