818 Florida A1ASatellite Beach, FL 32937

Property Details for 818 Florida A1A

Lot size

4.75 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 4.75-acre commercial land parcel presents a unique investment opportunity in Satellite Beach, Florida. Situated at the northwest corner of A1A and Shearwater Parkway, this property boasts unparalleled ocean views across from the permanently protected Hightower Beach Park & Preserve, ensuring unobstructed vistas forever. The site is fully prepared for immediate development, featuring a binding site plan and zoning approvals already in place for a 222-room, 85-foot-high hotel. Significant infrastructure work is complete, including site fill to 18 inches above road crown, stubbed water and sewer lines, and a secured stormwater permit for an interconnected offsite system. A concept plan for a 4-star hotel is available, capitalizing on the high demand for upscale accommodations in this desirable beachside market. The property is privately owned and offered at $10,000,000. This turnkey development opportunity offers significant potential for substantial returns. Located in Brevard County, Florida, with the address 818 Florida A1A, zip code 32937, this property is ready for a visionary developer to bring their hotel vision to life. The site's strategic location and pre-approved plans minimize development hurdles and maximize the potential for a swift and profitable project.

Location Insight

City

Satellite Beach

County

Brevard

State

Florida

Latitude

28.194

Longitude

-80.5951

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