Property profile

1275 S Patrick Dr Satellite Beach, FL 32937

FOR SALE
Office buildings
Saved · see the list in your Dashboard
Property ID
US18-3041457
16,234 SF 1.22 ac Built 1987
Last sale Aug 2022·$1,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$29k
Tax billed · 2023
Assessed value$1.58M
Assessed land$381k
Assessed improvement$1.20M
Effective rate1.86%

Value estimate

· Nov 2026
$1.83M
$1.65M – $2.01M
AI approach$1.81M
NOI build-up
Gross scheduled income$321k
Vacancy & credit loss−$51k
Operating expenses−$67k
NOI · 7.36% cap applied$202k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$219/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$115 – $298

Cap rate analysis

How does the asset earn?
7.36%
$202k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C
The provisions of the C district are intended to establish and maintain areas for the development of commercial facilities providing a wi...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.3
Convenience Store10.0
Clothing Store9.5

Location

1275 S Patrick Dr Satellite Beach, FL 32937
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
107 Glenwood, Satellite Beach, FL 32937-3132 $1,200,000 Dec 2023 10,519 SF
1227 Patrick, Satellite Beach, FL 32937-3970 $3,000,000 Dec 2021 28,527 SF
1127 Patrick, Satellite Beach, FL 32937-3976 $875,000 Jul 2021 17,056 SF
1077 Hwy A1a, Satellite Beach, FL 32937-2320 $1,780,000 Sep 2020 8,306 SF
1490 Hwy 1st, Satellite Beach, FL 32937-5439 $1,190,000 Aug 2019 14,541 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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