Listing Address:
1568 Highway A1a , Satellite Beach, FL 32937
Active
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Price: $2,250,000
MLS # 1028403
Property Type: Vacant Land
This property is Active. Please contact us for similar properties.
Property Description:
''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 SpecsSite Area: 1.14 acresMax FAR: 0.7Recommended: 16,000 SF mixed-useCommercial: +/-8,500 SFResidential: 5-6 condos (1,800-2,000 SF each)Parking: 1:300 commercial, 1:1 residentialInvestment DriversLive Local Act siteStrong neighboring usesPrime A1A location, below-grade infrastructure may be consideredMarket DynamicsAerospace & Defense Expansion111 launches this year, projected 1,000 annually by 2030. STARCOM HQ and DEL 10 nearby.Corporate GrowthAmazon Kuiper, SpaceX, Blue Origin, Lockheed, Boeing, and more expanding, boosting demand.Economic ImpactBillions in new investment, high-paying jobs, and housing demand for military and aerospace personnel.
Property Listing Details for 1568 Highway A1a , Satellite Beach, FL 32937
Lot Sub-Type
Unimproved Land
Gated?
HOA
HOA Dues
0.00 ()
Utilities
Subdivision
Frontage
Financing
Posession
Land Use
Adj. Land Use
Lot Desc.
Site Desc.
Tax Year
2024
Tax Amount
$10,500
55+ Community
Listing Status
Active
Property Status
Street
1568 Highway A1a , Satellite Beach, 32937
Zip Code
D. Basile Real Estate, LLC lists and sells Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard.
This listing is courtesy of Reach Commercial Real Estate. Property Listing Data contained within the D Basile Real Estate website is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
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