1290 Highway A1ASatellite Beach, FL 32937

Property Details for 1290 Highway A1A

Year built

1981

Construction

WOOD

Lot size

0.72 AC

Property size (Sq ft)

11,000 SF

Zone code

C

Property type

Office properties

Property subtype

Office buildings

APN

26-37-35-00-00753.2-0000.00

APU

9223372036854775807

Description

This exceptional retail property, located at 1290 Highway A1A, presents a unique investment opportunity. The single-tenant building boasts 400 square feet of usable space, perfectly situated for a variety of businesses seeking high visibility and foot traffic. Its prime location directly across from the beach ensures consistent exposure to a large and diverse customer base. The property sits on a sizable 0.72-acre lot, offering ample space and potential for future expansion or outdoor amenities. The building's convenient location on Highway A1A guarantees excellent accessibility and high traffic volume. Utilities are simplified with included electric and water services. The property is ready for immediate occupancy, making it an ideal choice for businesses seeking a quick and seamless transition. The property's Assessed Parcel Number (APN) is 26-37-35-00-00753.2-0000.00. This is a rare chance to acquire a well-positioned retail space in a highly desirable beachfront location. The property's size and location make it an attractive option for a variety of retail uses, from small boutiques to service-oriented businesses. Don't miss this opportunity to establish your business in a thriving coastal community. The property is classified as both Retail and Land, offering flexibility and potential for various development scenarios.

• CAP approach

  CAP return

  Valuation

  6%

  $3,023,242

  6.5%

  $2,790,685

  7%

  $2,591,350

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,727,330

  Geo Method

  $1,727,330

• Alternative Use

  Use

  Valuation

  Residential

  $3,460,450

  Hospitality

  $3,169,753

  Educational

  $2,637,198

  Medical

  $2,727,895

  Retail

  $4,102,307

Location Insight

City

Satellite Beach

County

Brevard

State

Florida

Latitude

28.1768

Longitude

-80.591

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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