1404 Hwy A1a Satellite Beach, FL 32937-5401
This exceptional retail property, located at 1404 Highway A1A in Satellite Beach, Florida, presents a compelling investment opportunity. Priced at $2,300,000, this fully leased property boasts two units situated on a substantial 30,056.4 square foot lot. Built in 1964, the building enjoys a prime location on a busy thoroughfare, ensuring excellent visibility and consistent traffic flow. The property's thriving tenant mix generates immediate returns, making it an attractive proposition for investors seeking a stable, income-producing asset. The property's beachside location in the highly desirable Satellite Beach community, within Brevard County (zip code 32937), further enhances its value and appeal. This is an ideal opportunity to capitalize on the strong demand for commercial real estate in this vibrant coastal area. The property's address is easily accessible via Highway A1A, ensuring high visibility and convenient access for both tenants and customers. This turnkey investment offers a rare chance to acquire a well-established, income-generating retail property in a prime location. The property's size and location make it an excellent choice for investors seeking long-term growth and stability in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Satellite Beach, FLSatellite Beach. Always verify with local authorities before improvements.
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.