$750,000
Satellite Beach, FL 32937
MLS# 1030744
Status: Closed
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Property Description
This prime site is perfect for a two-family residential duplex or a single-family home. Zoned RM1, it allows for medium-density residential development. Just a short walk from the Atlantic Ocean, the property offers convenient public beach access directly across the street. From a second-story vantage point, you might even enjoy a view of the water. The land has been cleared and is ready for development. For additional details, including the concept site plan and floor plan, please refer to the Document Tab. The seller is open to considering a trade for a home or income-producing property. Note that the sale is subject to a 1031 Exchange with simultaneous closings. Additionally, Lot 147 to the east is available.
Details
Maps
Documents
Location, Tax, and Legal
Tax Account: 2612385
Parcel Number: 26-37-35-Eb-00001.0-0146.00
General County Location: South
Elementary School: Surfside
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 3296.7
Tax Year: 2024
Tax Legal Description: MICHIGAN BEACH SUBD LOT 146 BLK 1
Directions: From Pineda Cswy east to south on A1A to right on Cassia Blvd. Second vacant lot on the right. From Eau Gallie Cswy east to A1A north to left on Cassia Blvd., second vacant lot on the right.
General Property Information
Number Of Lots: 1
Lot Size Acres: 0.24
Lot Size Dimensions: 100x103
Lot Size Square Feet: 10454
Association YN: No
Water Body Access YN: No
Waterfront YN: No
CDD Fee YN: No
List Price/Acre: 1812500
Sold Price/Acre: 3125000
Remarks and Miscellaneous
Public Remarks: This prime site is perfect for a two-family residential duplex or a single-family home. Zoned RM1, it allows for medium-density residential development. Just a short walk from the Atlantic Ocean, the property offers convenient public beach access directly across the street. From a second-story vantage point, you might even enjoy a view of the water. The land has been cleared and is ready for development. For additional details, including the concept site plan and floor plan, please refer to the Document Tab. The seller is open to considering a trade for a home or income-producing property. Note that the sale is subject to a 1031 Exchange with simultaneous closings. Additionally, Lot 147 to the east is available.
Closing Company Details
Closing Company Name: Bella Title & Escrow Inc., Lee Evans, 321-610-7806
Closing Company Address: 6450 N. Wickham Rd., Suite 106, Melbourne, FL 32940
Current Use
Multi-Family: 1
Residential: 1
Single Family: 1
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Lot Features
Cleared: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Owner Licensed RE: 1
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Other: 1
Contract Information
Current Price: $750,000
Original List Price: 435000
Sold Price: $750,000
Status: Closed
Listing Contract Date: 2024-11-27
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Name: Cassia
Street Suffix: Boulevard
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Subdivision Name: Michigan Beach Subd
Status Change Information
Major Change Timestamp: 2025-10-31T19:14:24Z
Major Change Type: Status Change
Status Change Timestamp: 2025-10-31
Purchase Contract Date: 2025-07-09
Close Date: 2025-10-31
Close Price: 750000
Property Features
Current Use: Multi-Family; Residential; Single Family
Listing Terms: Cash; Conventional; Owner May Carry
Lot Features: Cleared
Possession: Close Of Escrow
Road Surface Type: Paved
Sewer: Public Sewer
Showing Requirements: Other
Special Listing Conditions: Owner Licensed RE
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available
Water Source: Public
City of Satellite Bch RM1 Zoning 
Listing Office: Rahal Real Estate LLC
Last Updated: April - 24 - 2026
Information is deemed to be reliable, but is not guaranteed.