Listing Address:
1032 Park Drive, Satellite Beach, FL 32937
Active
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Price: $1,270,000
MLS # 1071047
Property Type: Multifamily
This property is Active. Please contact us for similar properties.
Property Description:
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
Property Listing Details for 1032 Park Drive, Satellite Beach, FL 32937
Exterior Features
Interior Features
Equipment / Appliances
Pool
No
Pool Description
Utilities
Additional Rooms
None
Waterfront
No
Parking
Split Floorplan
HOA
HOA Dues
0.00
Construction
Floor
Exterior Finish
Roof Type
Fireplace
0
County
Brevard
Gated Community
Furnishings
Home Warranty
Tax Year
2025
Tax Amount
2944.28
55+ Community
Subdivision
Listing Status
Active
Property Status
Home Style
Home View
Street
1032 Park Drive, 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 Venture Inv. Prop & Mgt Corp. 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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