1030 Highway A1AIndialantic, FL 32903

Property Details for 1030 Highway A1A

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.32 AC

Property size (Sq ft)

2,796 SF

Zone code

BU1

Property type

Retail properties

Property subtype

Retail space

APN

27-38-30-25-0000D.0-0001.00

APU

273830250000D0000100

Description

This exceptional 2,400 square foot freestanding retail building presents a unique owner-user opportunity in the desirable Indialantic, Florida market. Situated on a 0.32-acre lot at the Northwest corner of US Highway A1A, this property enjoys high visibility and accessibility. The single-story, 60' x 40' building was constructed in 1988 and is zoned BU1. Its previous tenant, Sun Clean Dry Cleaners, has vacated, leaving the space ready for immediate occupancy or redevelopment. The strategic location offers significant advantages, with proximity to Wells Fargo Bank ensuring substantial foot traffic and brand recognition. The asking price for this prime commercial property is $650,000. This represents a compelling investment for businesses seeking a high-impact location in a thriving coastal community. The property's size and zoning offer flexibility for a variety of retail or special purpose uses. The building's existing structure provides a solid foundation for immediate use or a customized renovation to meet specific business needs. This is a rare opportunity to acquire a freestanding building in a highly sought-after location on A1A in Brevard County, Florida, zip code 32903.

• CAP approach

  CAP return

  Valuation

  6%

  $1,129,626

  6.5%

  $1,042,732

  7%

  $968,251

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,106,421

  Geo Method

  $1,106,421

• Alternative Use

  Use

  Valuation

  Residential

  $879,583

  Hospitality

  $805,694

  Educational

  $670,328

  Medical

  $693,381

  Retail

  $1,042,732

Location Insight

City

Indialantic

County

Brevard

State

Florida

Latitude

28.1005

Longitude

-80.57

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].