$1,600,000
Satellite Beach, FL 32937
MLS# 1074203
8 baths | 5660 sqft
1 / 82
Property Description
Positioned along highly desirable Hwy A1A, this fully occupied mixed-use property presents a rare opportunity to acquire an income-producing asset in one of the Space Coast's most sought-after coastal corridors. The building features three commercial units on the ground floor and three residential apartments above, offering a balanced blend of retail and residential income streams. All units are currently leased, allowing a new owner to step into immediate cash flow with established tenants already in place. The commercial level is well-equipped with three ADA-compliant bathrooms, while the upper-level apartments have been thoughtfully updated with modern appliances and offer comfortable, well-maintained living spaces. Recent improvements include fresh interior paint throughout and updated ceiling tiles, enhancing both appearance and functionality. Upstairs, residents enjoy unobstructed ocean views--an exceptional feature that elevates desirability and long-term value.
Details
Maps
Location, Tax, and Legal
Tax Account: 2705961
Parcel Number: 27-37-01-00-00278.0-0000.00
General County Location: South
Tax Annual Amount: 18060.7
Tax Year: 2025
Tax Legal Description: PT OF GOVT LOT 2 W OF HWY AS DES IN ORB 1217 PG 566 & ORB 1641 PG 649 EX ORB 4031 PG 1599 PAR 281.1
Directions: From Desoto Pkwy heading East turn left onto A1A; building is on the left next to the CVS
General Property Information
Number Of Units Total: 6
Building Area Total: 5660
Building Area Source: Public Records
Lot Size Acres: 0.41
Accessibility Features YN: Yes
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Land Lease YN: No
Senior Community YN: No
List Price/SqFt: 282.69
Bathrooms Total: 8
Year Built: 1973
Remarks and Miscellaneous
Public Remarks: Positioned along highly desirable Hwy A1A, this fully occupied mixed-use property presents a rare opportunity to acquire an income-producing asset in one of the Space Coast's most sought-after coastal corridors. The building features three commercial units on the ground floor and three residential apartments above, offering a balanced blend of retail and residential income streams. All units are currently leased, allowing a new owner to step into immediate cash flow with established tenants already in place. The commercial level is well-equipped with three ADA-compliant bathrooms, while the upper-level apartments have been thoughtfully updated with modern appliances and offer comfortable, well-maintained living spaces. Recent improvements include fresh interior paint throughout and updated ceiling tiles, enhancing both appearance and functionality. Upstairs, residents enjoy unobstructed ocean views--an exceptional feature that elevates desirability and long-term value.
Construction Materials
Block: 1
Stucco: 1
Other: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Mixed Use: 1
Flooring
Laminate: 1
Tile: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Parking Features
Parking Lot: 1
Possession
Close Of Escrow: 1
Owner Pays
Pest Control: 1
Taxes: 1
Water: 1
Other: 1
Road Frontage Type
Highway: 1
Roof
Membrane: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Tenant Pays
Electricity: 1
Water: 1
Unit 1 Details
Unit ID: Downstairs
Annual Rent: 0
Unit SqFt: 1330
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Commercial Space
Unit 2 Details
Unit ID: Downstairs
Annual Rent: 0
Unit SqFt: 650
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Commercial Space
Unit 3 Details
Unit ID: Downstairs
Annual Rent: 0
Unit SqFt: 800
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Commercial Space
Unit 4 Details
Unit ID: Upstairs
Annual Rent: 0
Unit SqFt: 825
# Units (This Type): 1
Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Residential 2/2
Unit 5 Details
Unit ID: Upstairs
Annual Rent: 0
Unit SqFt: 640
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Residential 2/1
Unit 6 Details
Unit ID: Upstairs
Annual Rent: 0
Unit SqFt: 640
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Residential 2/1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Building Features
Kitchen Facilities: 1
Private Restroom: 1
Rear Access: 1
Restaurant: 1
Ceiling Type
Suspended: 1
Existing Lease Type
NNN: 1
Other: 1
Operating Expense Includes
Insurance: 1
Trash: 1
Utilities: 1
Showing Considerations
Occupied: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $1,600,000
Original List Price: 1600000
List Price: $1,600,000
Status: Active
Listing Contract Date: 2026-04-09
Property Sub Type: Mixed Use
Location Tax and Legal
Street Number: 1592
Street Name: Highway A1a
Street Suffix: Highway
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 381 - N Satellite Beach
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2026-04-09T16:22:51Z
Major Change Type: New Listing
Status Change Timestamp: 2026-04-09
Property Features
Building Features: Kitchen Facilities; Private Restroom; Rear Access; Restaurant
Ceiling Type: Suspended
Construction Materials: Block; Stucco; Other
Cooling: Central Air; Electric
Current Use: Mixed Use
Existing Lease Type: NNN; Other
Flooring: Laminate; Tile
Heating: Central
Listing Terms: Cash; Conventional
Lot Features: Cleared
Operating Expense Includes: Insurance; Trash
Owner Pays: Pest Control; Taxes; Water; Other
Parking Features: Parking Lot
Possession: Close Of Escrow
Road Frontage Type: Highway
Roof: Membrane
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Considerations: Occupied
Showing Requirements: Call Listing Agent
Special Listing Conditions: Standard
Tenant Pays: Electricity; Water
Utilities: Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Supplements
With its prime location, strong rental demand, and turnkey income, this property offers a unique combination of stability, upside potential, and coastal lifestyle appeal.
An outstanding opportunity for investors seeking immediate returns in a high-visibility, high-demand area.
Listing Office: Real Broker, LLC
Last Updated: April - 09 - 2026
Information is deemed to be reliable, but is not guaranteed.