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304 Highway A1A 5,293 SF Retail Building Satellite Beach, FL 32937 $885,000 ($167.20/SF)

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INVESTMENT HIGHLIGHTS

  • BU-A ZONING , HIGH TRAFFIC LOCATION
  • .68 ACRES OCEAN VIEW AT 20 FT AND HIGHER ELEVATIONS

EXECUTIVE SUMMARY

CALL FOR OFFERS DUE BY DECEMBER 31, 2025 — MOTIVATED SELLER!!!
PRICE REDUCTION JUST TAKEN! Bring an offer! All reasonable offers considered. Possible seller financing available.
This prime BU-1 zoned site is perfectly positioned to capture the booming Space Coast economy and strong tourist traffic. With 28,000+ cars passing daily, envision a thriving business serving high-tech employees from major employers like Lockheed Martin, Boeing, L3Harris, and Northrop Grumman, along with space-industry leaders including Space Force, SpaceX, and Blue Origin—plus the constant flow of visitors headed toward Port Canaveral and the beachside tourism corridor.
Nearby Port Canaveral continues to power the local economy, delivering an estimated $6.1B economic impact in 2023 (up 57% since 2018). Satellite Beach also offers a strong built-in customer base with average household income of $110,000+ and a thriving tourism market. Permitted uses include retail stores, professional offices, hotels, and motels.
Due diligence is already underway: environmental studies completed, including a Site Assessment Report (SAR) and NFAP (No Further Action Proposed). Reports available upon request.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,293 SF
Building Class
C
Year Built
1965
Price
$885,000
Price Per SF
$167.20
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.68 AC
Zoning
BU-1, County - BU-1
Parking
30 Spaces (4.66 Spaces per 1,000 SF Leased)
Frontage
175’ on Highway A1A

AMENITIES

  • Bus Line

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-37-23-00-00767.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$486,320
  • Listing ID: 33642635

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 304 Highway A1A, Satellite Beach, FL 32937

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