1568 Highway A1a Satellite Beach
$2,250,000
49,658 / 1.14
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...''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.
- Listed by Cassandra Hartford • Reach Commercial Real Estate
Property Details for 1568 Highway A1a Satellite Beach
Directions
North on Highway A1A the property will be on the west side of the road.
LISTING UPDATED: 11/13/2024 05:18 AM
Property Details for 1568 Highway A1a Satellite Beach
Status | Active |
---|---|
MLS # | 1028403 |
Days on Market | 51 |
Taxes | $10,500 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Unimproved Land |
Year Built | - |
Lot Size | 1.14 AC |
County | Brevard County |
Building Information for 1568 Highway A1a Satellite Beach
Lot Size1.14 AC
Property Information for 1568 Highway A1a Satellite Beach
Property History for 1568 Highway A1a Satellite Beach
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1568 Highway A1a Satellite Beach
This home is within Brevard Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Surfside Elementary School PublicPK to 6 | ||
Delaura Middle School Public7 to 8 | ||
Satellite Senior High School Public9 to 12 | ||
Westshore Junior/Senior High School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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