1592 Highway A1a Highway, Satellite Beach, FL 32937
- $1,600,000
- 8
- BA
- 5,660
- SqFt
- List Price
- $1,600,000
- Status
- ACTIVE
- Days on Market
- 112
- MLS#
- 1074203
- Subtype
- Commercial Sale
- Year Built
- 1973
- Bathrooms
- 8
- Living Area
- 5,660
- Lot Size
- 17,859
- Acres
- 0.41
- MLS Area Major
- N Satellite Beach
Property Description
Positioned along highly desirable Hwy A1A, this fully occupied mixed-use property presents a rare opportunity to acquire an income-producing asset in one of the Space Coast's most sought-after coastal corridors. The building features three commercial units on the ground floor and three residential apartments above, offering a balanced blend of retail and residential income streams. All units are currently leased, allowing a new owner to step into immediate cash flow with established tenants already in place. The commercial level is well-equipped with three ADA-compliant bathrooms, while the upper-level apartments have been thoughtfully updated with modern appliances and offer comfortable, well-maintained living spaces. Recent improvements include fresh interior paint throughout and updated ceiling tiles, enhancing both appearance and functionality. Upstairs, residents enjoy unobstructed ocean views--an exceptional feature that elevates desirability and long-term value. With its prime location, strong rental demand, and turnkey income, this property offers a unique combination of stability, upside potential, and coastal lifestyle appeal. An outstanding opportunity for investors seeking immediate returns in a high-visibility, high-demand area.
/u.realgeeks.media/disneyre/header.png)
Additional Information
- Financing
- Cash, Conventional
- Heating
- Central
- Air Conditioning
- Central Air, Electric
- Exterior Construction
- Block, Other, Stucco
- Roof
- Membrane
- Parking
- Parking Lot
Listing courtesy of Real Broker, LLC.
Listing courtesy of Real Broker, LLC. Contact: