$534,000
Satellite Beach, FL 32937
MLS# 1070929
Status: Pending
3 beds | 2 baths
1 / 39
Property Description
This income-producing duplex presents a compelling investment opportunity, strategically zoned Commercial (C) and primed for redevelopment, repositioning, or long-term hold. Situated on approximately 0.23 acres with 2,400 square feet, the property features minimal brush, mature trees, and a two-story structure positioned to capture picturesque sunrise views, rocket launches, and glimpses of the Atlantic Ocean from the second floor. The current configuration includes a one-bedroom, one-bath residence on the first floor and a two-bedroom, one-bath residence on the second floor, offering immediate rental potential or flexibility for future use.While the property would benefit from light renovation and cosmetic updates, it represents a strong value-add opportunity with the potential to create equity and optimize cash flow.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Current Price: $534,000
Original List Price: 539000
List Price: $534,000
Status: Pending
Listing Contract Date: 2026-03-03
Property Sub Type: Single Family Residence
Currently Not Used
Homestead YN: No
Location, Tax, and Legal
Unit Number: A & B
Tax Account: 2706271
Parcel Number: 27-37-01-50-00006.0-0013.00
General County Location: South
Elementary School: Ocean Breeze
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 6929.41
Tax Year: 2025
Tax Legal Description: EAU GALLIE BY THE SEA LOTS 13,14 BLK 6
Directions: Coming South on A1A, turn left onto Sunrise Ave, house is on your right.
General Property Information
Bathrooms Half: 2
Living Area: 1768
Living Area Source: Appraiser
Lot Size Acres: 0.23
Lot Size Square Feet: 10019
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 1
Carport YN: No
Waterfront YN: No
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 2
Direction Faces: South
Pool Private YN: No
List Price/SqFt: 302.04
Bedrooms Total: 3
Bathrooms Total: 2
Year Built: 1957
Remarks and Miscellaneous
Public Remarks: This income-producing duplex presents a compelling investment opportunity, strategically zoned Commercial (C) and primed for redevelopment, repositioning, or long-term hold. Situated on approximately 0.23 acres with 2,400 square feet, the property features minimal brush, mature trees, and a two-story structure positioned to capture picturesque sunrise views, rocket launches, and glimpses of the Atlantic Ocean from the second floor.
The current configuration includes a one-bedroom, one-bath residence on the first floor and a two-bedroom, one-bath residence on the second floor, offering immediate rental potential or flexibility for future use.While the property would benefit from light renovation and cosmetic updates, it represents a strong value-add opportunity with the potential to create equity and optimize cash flow.
Appliances
Dishwasher: 1
Dryer: 1
Electric Cooktop: 1
Electric Oven: 1
Freezer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Name: Bankers Title and Escrow Services
Construction Materials
Aluminum Siding: 1
Block: 1
Frame: 1
Cooling
Central Air: 1
Current Use
Commercial: 1
Investment: 1
Residential: 1
DPR Eligible
DPR Eligible: Yes
Exterior Features
Balcony: 1
Flooring
Carpet: 1
Laminate: 1
Terrazzo: 1
Heating
Central: 1
Electric: 1
Interior Features
Open Floorplan: 1
Pantry: 1
Walk-In Closet(s): 1
Laundry Features
In Unit: 1
Legal Details
Permission Granted to Advertise: Yes
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Other: 1
Lot Features
Corner Lot: 1
Parking Features
Garage: 1
Pets Allowed
Yes: 1
Possession
Close Of Escrow: 1
Roof
Shingle: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Corporate Owned: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Showing Requirements
Lockbox: 1
Showing Service: 1
Property Condition
Fixer: 1
Community Features
Sidewalks: 1
Street Lights: 1
Location Tax and Legal
Street Number: 106
Street Name: Sunrise Ave
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 381 - N Satellite Beach
Status Change Information
Major Change Timestamp: 2026-04-20T19:06:24Z
Major Change Type: Status Change
Price Change Timestamp: 2026-03-23T15:13:37Z
Status Change Timestamp: 2026-04-20
Purchase Contract Date: 2026-04-19
Property Features
Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Oven; Freezer; Microwave; Refrigerator; Washer
Construction Materials: Aluminum Siding; Block; Frame
Cooling: Central Air
Current Use: Commercial; Investment; Residential
Exterior Features: Balcony
Flooring: Carpet; Laminate; Terrazzo
Heating: Central; Electric
Interior Features: Open Floorplan; Pantry; Walk-In Closet(s)
Laundry Features: In Unit
Levels: Two
Listing Terms: Cash; Conventional; FHA; VA Loan; Other
Lot Features: Corner Lot
Parking Features: Garage
Pets Allowed: Yes
Possession: Close Of Escrow
Property Condition: Fixer
Roof: Shingle
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Lockbox; Showing Service
Special Listing Conditions: Corporate Owned
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water Source: Public
Community Features: Sidewalks; Street Lights
Supplements
Located directly across the street from Sunrise Beach public access, the property enjoys a premier beachside setting with convenient access to the shoreline. Its Commercial zoning allows for a variety of potential uses, making it particularly attractive to builders, developers, or investors seeking a coastal asset with redevelopment potential.
Positioned in the heart of Florida's rapidly growing Space Coast, the property is just minutes from Patrick Space Force Base, SpaceX operations, and major aerospace employers including Northrop Grumman and L3Harris. This rare offering combines location, zoning flexibility, and long-term appreciation potential in one of Brevard County's most desirable coastal corridors.
Proforma & Survey 
Listing Office: ZOOM Realty Group LLC
Last Updated: April - 20 - 2026
Information is deemed to be reliable, but is not guaranteed.