$450,000
Satellite Beach, FL 32937
MLS# 704415
Status: Closed
3586 sqft
1 / 19
Property Description
INVESTMENT ! Beachside Income Producing Property. DO NOT DISTURB BUSINESSES. Fully leased 4 unit (5 units if you revert the southern unit back into 2 separate units) Office/Retail building on the East side of Highway A1a. Happy Tenants! Roof is in excellent condition (inspection report available) and the 3 of 4 A/C units are NEW! Property owner has maintained this building to the highest standard. Land is zoned mixed use commercial & residential and can be built up to 3 floors, therefore giving you an opportunity to live above your investment with oceanfront views. Located within the redevelopment area and the city is willing to offer incentives for the build up, please inquire for more information.
Details
Maps
Location, Tax, and Legal
Tax Account: 2613988
Parcel Number: 26-37-36-Ea-0000a.0-0008.02
General County Location: South
Tax Annual Amount: 5713.23
Tax Year: 2013
Tax Legal Description: PART OF S 40.79 FT OF LOT 8 & PT OF LOT 9 AS DES IN ORB 1571 PG 47 BLK A
Directions: Located at 1363 Highway A1a, Satellite Beach, FL 32937 across the street from Da Kine Diego's Insane Burrito and Cibelli's Pizza.
General Property Information
Number Of Units Total: 5
Building Area Total: 3586
Lot Size Acres: 0
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
List Price/SqFt: 132.46
Sold Price/SqFt: 125.49
Year Built: 1964
Remarks and Miscellaneous
Public Remarks: INVESTMENT ! Beachside Income Producing Property. DO NOT DISTURB BUSINESSES. Fully leased 4 unit (5 units if you revert the southern unit back into 2 separate units) Office/Retail building on the East side of Highway A1a. Happy Tenants! Roof is in excellent condition (inspection report available) and the 3 of 4 A/C units are NEW! Property owner has maintained this building to the highest standard. Land is zoned mixed use commercial & residential and can be built up to 3 floors, therefore giving you an opportunity to live above your investment with oceanfront views. Located within the redevelopment area and the city is willing to offer incentives for the build up, please inquire for more information.
Construction Materials
Concrete: 1
Cooling
Other: 1
Current Use
Commercial: 1
Flooring
Other: 1
Heating
Other: 1
Listing Terms
Lease Option: 1
Lot Features
Other: 1
Possession
Close Of Escrow: 1
Income and Expenses
Net Operating Income: 0
Operating Expense: 0
Security Features
Smoke Detector(s): 1
Special Listing Conditions
Presently Leased: 1
Waterfront Features
Ocean Front: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Sale Includes
Building & Land: 1
Contract Information
Current Price: $450,000
Original List Price: 499000
Sold Price: $450,000
Status: Closed
Listing Contract Date: 2014-08-19
Property Sub Type: Business
Location Tax and Legal
Street Number: 1363
Street Name: Highway A1a
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Subdivision Name: Michigan Beach Subd
Status Change Information
Major Change Timestamp: 2023-11-11T09:27:27Z
Major Change Type: Price Reduced
Price Change Timestamp: 2015-08-28T03:12:47Z
Status Change Timestamp: 2015-12-15
Purchase Contract Date: 2015-10-14
Close Date: 2015-12-15
Close Price: 450000
Property Features
Construction Materials: Concrete
Cooling: Other
Current Use: Commercial
Flooring: Other
Heating: Other
Listing Terms: Lease Option
Lot Features: Other
Possession: Close Of Escrow
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Showing Requirements: Appointment Only; Call Listing Agent
Special Listing Conditions: Presently Leased
Waterfront Features: Ocean Front
Listing Office: Beach Realty 24-7, LLC
Last Updated: June - 18 - 2026
Information is deemed to be reliable, but is not guaranteed.