1032 Park Drive #1-4, Satellite Beach, FL 32937

Satellite Beach
Local realty services provided by:Better Homes and Gardens Real Estate Star
1032 Park Drive #1-4,Satellite Beach, FL 32937
$1,270,000
  • 8 Beds
  • 4 Baths
  • 3,080 sq. ft.
  • Multi-family
  • Active
Listed by: maria-teresa wellman boyd
Office: venture inv. prop & mgt corp
MLS#:1071047
Source:FL_SPACE

Price summary

  • Price:$1,270,000
  • Price per sq. ft.:$412.34

About this home

Fantastic opportunity to acquire a turnkey, income-producing coastal asset just steps from the Atlantic Ocean. Completely renovated in 2022, this boutique-style retreat blends lifestyle appeal with strong investment fundamentals. The property features four spacious two-bedroom, one-bath units, each with a full kitchen, dining area, living room, private bath, and charming coffee nook--designed to maximize comfort and repeat bookings. Modern upgrades and curated finishes create a high-demand short-term rental experience. Guest-focused amenities drive premium occupancy, including keyless entry, balcony lounge, BBQ patio, game area, hammock niche, private laundry, outdoor shower, and beach accessories. Native landscaping and luxury artificial turf minimize maintenance and expenses. Proven positive cash flow, attractive cap rate, and strong rental history make this ideal for portfolio growth or a 1031 exchange. Showings between bookings; financials readily available for qualified buyers

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Home facts

  • Year built:1964
  • Listing ID #:1071047
  • Added:1 day(s) ago

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Concrete, Tile, Vinyl
  • Kitchen Description:appl_
  • Living area:3,080 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Central, Electric

Structure and exterior

  • Year built:1964
  • Building area:3,080 sq. ft.
  • Lot area:0.21 Acres
  • Construction Materials:Brick, Stucco
  • Exterior Features:Courtyard, Outdoor Shower

Schools

  • High school:Satellite
  • Middle school:Hoover
  • Elementary school:Ocean Breeze

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,270,000
  • Price per sq. ft.:$412.34
  • Tax amount:$2,944 (2025)

Features and amenities

  • Laundry features:appl_
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