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    FOR LEASE
    Office buildings

    1290 Highway A1A, Satellite Beach, FL 32937

    11,000 SF 0.72 ac lot Built 1981
    Individually Owned 13-yr Hold Absentee Owner Free & Clear
    Property ID
    US19-0878930
    Property summary
    AI-generated overview

    This exceptional retail property, located at 1290 Highway A1A, presents a unique investment opportunity. The single-tenant building boasts 400 square feet of usable space, perfectly situated for a variety of businesses seeking high visibility and foot traffic. Its prime location directly across from the beach ensures consistent exposure to a large and diverse customer base. The property sits on a sizable 0.72-acre lot, offering ample space and potential for future expansion or outdoor amenities. The building's convenient location on Highway A1A guarantees excellent accessibility and high traffic volume. Utilities are simplified with included electric and water services. The property is ready for immediate occupancy, making it an ideal choice for businesses seeking a quick and seamless transition. The property's Assessed Parcel Number (APN) is 26-37-35-00-00753.2-0000.00. This is a rare chance to acquire a well-positioned retail space in a highly desirable beachfront location. The property's size and location make it an attractive option for a variety of retail uses, from small boutiques to service-oriented businesses. Don't miss this opportunity to establish your business in a thriving coastal community. The property is classified as both Retail and Land, offering flexibility and potential for various development scenarios.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1981
    Construction WOOD
    Total area 11,000 SF
    Lot 0.72 ac (31,363 SF)
    Zoning code C
    APN 26-37-35-00-00753.2-0000.00
    UPID US19-0878930
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.46M
    Comparable Approach Comparable
    $1.99M
    Blend (final) Blend
    $2.05M
    Owner & transaction history
    Bk Flagler · 13 yrs held
    Bk Flagler
    since 2013
    3 recorded transactions
    2013
    2006
    $900,000
    1969
    Zoning & alternative use
    C · Satellite Beach, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $3.4M +41.6%
    Auto repair, garage $2.5M +2.2%
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    More about this property
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