1404 Highway A1a
Satellite Beach, FL 32937
0.69 acres | #1034627
Description
This updated income-producing property in the heart of Satellite Beach, offers an unbeatable location just steps from the shoreline. Fully leased to stable tenants, this remodeled gem is a rare find for investors seeking reliable returns with a 6.25% cap rate.
The interior has been fully renovated, boasting modern finishes that attract and retain high-quality tenants. The property features a new roof, ensuring low maintenance for years to come. A pending lease with a popular food truck operator for the parking lot further enhances the property's income potential, making this a versatile and lucrative investment.
This beachside property combines long-term stability with exciting future growth opportunities, all in a highly sought-after location.
Property Details
- Sewer InformationPublic Sewer
- Parking FeaturesParking Lot
- Lot DescriptionCorner Lot
- Property TypePurchase
- CountyBrevard
- MLS #1034627
- Cost2250000
- MLS #1034627
- Utility SourcePublic
- Property SubtypeOffice
- Acres0.69
- Year Built1964
Location
Legal
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Last Updated: . Source: SCAOR
Listing Courtesy
Listing Agent: Carmen Louise Conrad (#3589134)
Listing Office: Relentless Real Estate Co. (#spc.orlnt)
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