This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1568 Highway A1A - 1568 Highway A1A
1.14 Acres of Commercial Land Offered at $2,250,000 in Satellite Beach, FL 32937
Executive Summary
This property’s prime location on Highway A1A offers numerous lifestyle and logistical advantages:
* Protected Views: With conservation land directly across the street, the ocean views from this site will remain unobstructed—a significant asset for future residential units.
* Direct Beach Access: Residents and visitors can enjoy easy access to Satellite Beach’s beautiful coastline, enhancing the property's appeal for luxury condos.
* Convenience: Adjacent to established retail and residential developments, this lot is positioned to benefit from existing traffic while attracting new visitors and residents to the area.
* Proximity to Key Amenities and Employers: Just minutes from essential services, Patrick Space Force Base, and other major employers, this location is highly desirable for professionals looking for a convenient, upscale coastal living experience.
Travel Times to Major Employers and Facilities
* Patrick Space Force Base: ~7 minutes
* Kennedy Space Center: ~35 minutes
* L3Harris Technologies HQ: ~15 minutes
* Melbourne Orlando International Airport: ~20 minutes
* Orlando International Airport: ~60 minutes
With direct access to both A1A and several major causeways, this property is positioned for easy travel to surrounding high-employment zones and amenities. Here’s why its location is so advantageous:
* Central to Key Employers: The site lies between the Patrick Space Force Base and the booming Melbourne aerospace corridor.
* Multiple Commute Routes: Fast access to Pineda Causeway, Eau Gallie Causeway, and other main corridors allows for efficient travel to employers further inland or along the coast.
* Quality of Life: The proximity to the beach and the relaxed, traffic-free environment of Satellite Beach make this property particularly appealing to professionals seeking work-life balance.
Property Facts
| Price | $2,250,000 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.14 AC |
| Price | $2,250,000 |
| Sale Type | Owner User |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.14 AC |
1 Lot Available
Lot
| Price | $2,250,000 | Lot Size | 1.14 AC |
| Price Per AC | $1,973,684 |
| Price | $2,250,000 |
| Price Per AC | $1,973,684 |
| Lot Size | 1.14 AC |
Highway A1A, the primary coastal corridor Protected conservation land across A1A, view will never be obstructed Direct ocean access within walking distance Adjacent to established retail and residential developments
Description
A rare, developable 1.14 parcel on Hwy. A1A is an exceptional opportunity to develop a mixed-use project in Satellite Beach. Entitled for up to 16,000 SF with flexible commercial/residential. Development Specifications - Site Area: 1.14 acres - Maximum FAR: 0.7 - Recommendation: 16,000 SF mixed-use - Commercial Space: ±8,500 SF Commercial - Residential: 5-6 luxury condominiums (1,800-2,000 SF each) - Parking ratio efficiency: 1:300 commercial, 1:1 residential Key Investment Driver - Live Local Act qualified site - Strong neighboring uses, including retail and residential - Below-grade infrastructure would be entertained by city - Prime A1A location with proven market fundamentals Critical Market Dynamics Aerospace & Defense Expansion - 111 rocket launches projected this year, with roughly 1000 annually by year 2030. - U.S. Space Force selected Space Coast for STARCOM HQ and DEL 10 Major corporate expansions creating immediate demand: - Amazon Project Kuiper - Dassault Falcon - SpaceX expansion - EVE (Embraer spinoff) HQ - Blue Origin growth - Space Perspective (space taxi rides) - Lockheed Martin growth - Boeing growth - Northrop Grumman growth - Leonardo DRS growth Economic Impact * Billions in new capital investment flowing into the region * Thousands of new jobs with average wages exceeding $80,000 * Military families and aerospace personnel seeking quality housing and amenities * Strong retention initiatives for military and civilian workforce Location Description Situated on Highway A1A, the primary coastal corridor Protected conservation land across A1A, view will never be obstructed Direct ocean access within walking distance Adjacent to established retail and residential developments Located in Satellite Beach, between Cocoa Beach and Melbourne Beach ±20 minutes to Melbourne Orlando International Airport ±25 minutes to Kennedy Space Center ±15 minutes to Patrick Space Force Base ±10 minutes to downtown Indialantic ±15 minutes to downtown Melbourne
zoning
| Zoning Code | GC (* Maximum FAR (Floor Area Ratio): 0.7 * Total Buildable Space: Up to 16,000 square feet) |
| GC (* Maximum FAR (Floor Area Ratio): 0.7 * Total Buildable Space: Up to 16,000 square feet) |
Presented by
1568 Highway A1A - 1568 Highway A1A
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.