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Coldwell Banker Coast Realty
1592 Highway A1a Highway, Satellite Beach, FL 32937
- $1,600,000
- 8
- BA
- 5,660
- SqFt
- List Price
- $1,600,000
Property Description
Positioned along highly desirable Hwy A1A, this fully occupied mixed-use property presents a rare opportunity to acquire an income-producing asset in one of the Space Coast's most sought-after coastal corridors. The building features three commercial units on the ground floor and three residential apartments above, offering a balanced blend of retail and residential income streams. All units are currently leased, allowing a new owner to step into immediate cash flow with established tenants already in place. The commercial level is well-equipped with three ADA-compliant bathrooms, while the upper-level apartments have been thoughtfully updated with modern appliances and offer comfortable, well-maintained living spaces. Recent improvements include fresh interior paint throughout and updated ceiling tiles, enhancing both appearance and functionality. Upstairs, residents enjoy unobstructed ocean views--an exceptional feature that elevates desirability and long-term value. With its prime location, strong rental demand, and turnkey income, this property offers a unique combination of stability, upside potential, and coastal lifestyle appeal. An outstanding opportunity for investors seeking immediate returns in a high-visibility, high-demand area.
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Listing courtesy of Real Broker, LLC.