1568 Highway A1a Satellite Beach, FL 32937
1.14 Acres Lot
UPDATED:
11/13/2024 03:19 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1028403
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Annual Tax Amount $10,500
Tax Year 2024
Lot Size 1.140 Acres
Acres 1.14
Property Description
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.
Location
State FL
County Brevard
Area 382-Satellite Bch/Indian Harbour Bch
Direction North on Highway A1A the property will be on the west side of the road.
Exterior
Exterior Feature ExteriorFeatures
Utilities Available Other
View River, Water
Present Use Other
Street Surface Paved
Road Frontage Highway
Garage No
Building
Lot Description Cleared, Other
Sewer Unknown
Water Other
Schools
Elementary Schools Surfside
High Schools Satellite
Others
Senior Community No
Tax ID 27-37-01-00-00281.0-0000.00
Acceptable Financing Other
Listing Terms Other
Special Listing Condition Standard
