1568 Highway A1a
Satellite Beach, FL 32937
1.14 acres | #1028403
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 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.
Property Details
- Property SubtypeUnimproved Land
- Lot DescriptionCleared, Other
- High SchoolSatellite
- Property TypePurchase
- Elementary SchoolSurfside
- Sewer InformationUnknown
- Middle SchoolDeLaura
- CountyBrevard
- MLS #1028403
- Cost2250000
- MLS #1028403
- Utility SourceOther
- Utility FeaturesOther
- Acres1.14
Location
Legal
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Last Updated: . Source: SCAOR
Listing Courtesy
Listing Agent: Cassandra Hartford (#3296024)
Listing Office: Reach Commercial Real Estate (#spc.oreac)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.