Listing Address:
1404 Highway A1a , Satellite Beach, FL 32937
Closed
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Price: $2,250,000
MLS # 1034627
Property Type: Commercial
This property is Closed. Please contact us for similar properties.
Property Description:
This updated income-producing property in the heart of Satellite Beach, offers an unbeatable location just steps from the shoreline. Fully leased to stable tenants, this remodeled gem is a rare find for investors seeking reliable returns with a 6.25% cap rate.The interior has been fully renovated, boasting modern finishes that attract and retain high-quality tenants. The property features a new roof, ensuring low maintenance for years to come. A pending lease with a popular food truck operator for the parking lot further enhances the property's income potential, making this a versatile and lucrative investment.This beachside property combines long-term stability with exciting future growth opportunities, all in a highly sought-after location.
5/09/2025
Sold Price: $2,250,000
Property Listing Details for 1404 Highway A1a , Satellite Beach, FL 32937
Total SqFt.
6,092
Property Sub-Type
Office
Sale / Lease
Sale
Lot Acres
0.69
County
Brevard
Tax Amount
$15,356 (2024)
D. Basile Real Estate, LLC lists and sells Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard.
This listing is courtesy of Relentless Real Estate Co.. Property Listing Data contained within the D Basile Real Estate website is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
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