1568 Highway A1a, Satellite Beach, FL 32937
1.14
ACREAGE
$2,250,000
LISTING PRICE
Unimproved Land
TYPE
Road Surface: N/A
MLS#: 1028403
Status: Active
For More Information Call:
(321) 543-4374
Property Details
''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.
This listing is courtesy of Reach Commercial Real Estate. Property Listing Data contained within this site 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.
- Acreage1.14
- Area382-Satellite Bch/Indian Harbour Bch
- CitySatellite Beach
- CountyBrevard
- DirectionsNorth on Highway A1A the property will be on the west side of the road.
- General County LocationSouth
- Legal DescriptionPART OF GOVT LOT 2 W OF HWY AS DES IN ORB 1637 PG 412 EX ORB 1641 PG 649
- List Price/Acres$1,973,684.21 / acre
- Listing ID1028403
- Listing StatusActive
- Property TypeVacantland
- State/ProvinceFL
- StatusActive
- Status Change DateThursday, October 31st, 2024
- Street NameHighway A1a
- Street Number1568
- Sub TypeUnimproved Land
- SubdivisionNone
- Tax Year2024
- Taxes$10,500
- UnBranded Virtual TourClick Here
- Zip Code32937