1568 Highway A1a, Satellite Beach, FL 32937

Local realty services provided by:Better Homes and Gardens Real Estate Star
1568 Highway A1a,Satellite Beach, FL 32937
$1,900,000
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  • 1.14 Acres
  • Lots / Land
  • Active
Listed by: cassandra hartford
Office: reach commercial real estate
MLS#:1028403
Source:FL_SPACE

Price summary

  • Price:$1,900,000

About this home

''They aren't making land anymore.'' One of only three vacant lots on A1A, this rare, developable 1.14-acre parcel on Hwy A1A in Satellite Beach offers a unique opportunity for a mixed-use project. Entitled for up to 16,000 SF with flexible commercial/residential use. Development Specs Site Area: 1.14 acres Max FAR: 0.7 Recommended: 16,000 SF mixed-use Commercial: ±8,500 SF Residential: 5-6 condos (1,800-2,000 SF each) Parking: 1:300 commercial, 1:1 residential Investment Drivers Live Local Act site Strong neighboring uses Prime A1A location, below-grade infrastructure may be considered Market Dynamics Aerospace & Defense Expansion 111 launches this year, projected 1,000 annually by 2030. STARCOM HQ and DEL 10 nearby. Corporate Growth Amazon Kuiper, SpaceX, Blue Origin, Lockheed, Boeing, and more expanding, boosting demand. Economic Impact Billions in new investment, high-paying jobs, and housing demand for military and aerospace personnel.

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Home facts

  • Listing ID #:1028403
  • Added:469 day(s) ago

Structure and exterior

  • Lot area:1.14 Acres

Schools

  • High school:Satellite
  • Middle school:DeLaura
  • Elementary school:Surfside

Finances and disclosures

  • Price:$1,900,000
  • Tax amount:$10,500 (2024)
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