818 Florida A1A Satellite Beach, FL 32937
- Land
- 4.75 lot acres
Current Use by Public Records
- Land
Property Details for 818 Florida A1A
- Lot size
- 4.75 lot acres
- Property type
- Land
Description
This exceptional 4.75-acre commercial land parcel presents a unique investment opportunity in Satellite Beach, Florida. Situated at the northwest corner of A1A and Shearwater Parkway, this property boasts unparalleled ocean views across from the permanently protected Hightower Beach Park & Preserve, ensuring unobstructed vistas forever. The site is fully prepared for immediate development, featuring a binding site plan and zoning approvals already in place for a 222-room, 85-foot-high hotel. Significant infrastructure work is complete, including site fill to 18 inches above road crown, stubbed water and sewer lines, and a secured stormwater permit for an interconnected offsite system. A concept plan for a 4-star hotel is available, capitalizing on the high demand for upscale accommodations in this desirable beachside market. The property is privately owned and offered at $10,000,000. This turnkey development opportunity offers significant potential for substantial returns. Located in Brevard County, Florida, with the address 818 Florida A1A, zip code 32937, this property is ready for a visionary developer to bring their hotel vision to life. The site's strategic location and pre-approved plans minimize development hurdles and maximize the potential for a swift and profitable project.
Value Estimation
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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
- -80.5951
- Latitude
- 28.194
