Active

1568 Highway A1a

Satellite Beach FL, 32937

$2,250,000


$45.31 per sqft

Active

1.14 Acres

Land

''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.

1028403

MLS ID

October 31, 2024

Listed

November 22, 2024

Updated

Map

1568 Highway A1a
Satellite Beach FL, 32937

Exterior/Building Features

Lot Size

1.14 Acres


Lot Features

Cleared, Other


Sewer

Unknown

School Information

High School

Satellite


Elementary School

Surfside

Other Property Details

Area Name

382-Satellite Bch/Indian Harbour Bch


Taxes

$10,500


Tax Frequency

Annually


Garage

No


View

Yes


View Description

River, Water


County

Brevard


Water Source

Other


Pool

No

Courtesy of Reach Commercial Real Estate, Cassandra Hartford,
Listing Contact: 321-300-4773 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tony Granato shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.

 

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