$574,900
Satellite Beach, FL 32937
MLS# 1062704
Status: Active Under Contract
4 beds | 3 baths
1 / 26
Property Description
Investor Alert! Prime opportunity in highly sought-after South Satellite Beach—just one mile from the shoreline and minutes to Patrick Space Force Base. This entire triplex is available and offers strong income potential plus future flexibility. Each unit features its own private driveway, with Units 1341 and 1345 including 1-car garages. Unit 1343 has a converted garage currently used as storage. Current occupancy includes: Unit 1341: Month-to-month tenant Unit 1343: Vacant Unit 1345: Month-to-month tenant The roof was replaced in August 2022, providing peace of mind for years ahead. This property is ideal for investors looking to expand their portfolio or for an owner-occupant interested in living in one unit while renting the other two. Don't miss this excellent income-producing opportunity in a fantastic beachside location. Owner is a licensed Real Estate Agent.
Details
Maps
Location, Tax, and Legal
Tax Account: 2613515
Parcel Number: 26-37-35-56-0000y.0-0002.01
General County Location: South
Elementary School: Surfside
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 8738.89
Tax Year: 2025
Directions: From Pineda Cswy (404) travel South on South Patrick Dr. approximately 2.6 miles turn left after you pass Island Dr at 1341 South Patrick Dr. The 2nd building on left. No sign. Vacant unit is middle unit 1343.
General Property Information
Number Of Buildings: 1
Number Of Units Total: 3
Stories Total: 1
Bathrooms Half: 0
Living Area: 2373
Living Area Source: Public Records
Lot Size Acres: 0.22
Lot Size Square Feet: 9583
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
Water Body Access YN: No
Furnished: Unfurnished
Stories: 1
Direction Faces: South
Pool Private YN: No
List Price/SqFt: 242.27
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 1964
Remarks and Miscellaneous
Public Remarks: Investor Alert! Prime opportunity in highly sought-after South Satellite Beach—just one mile from the shoreline and minutes to Patrick Space Force Base. This entire triplex is available and offers strong income potential plus future flexibility. Each unit features its own private driveway, with Units 1341 and 1345 including 1-car garages. Unit 1343 has a converted garage currently used as storage. Current occupancy includes:
Unit 1341: Month-to-month tenant
Unit 1343: Vacant
Unit 1345: Month-to-month tenant
The roof was replaced in August 2022, providing peace of mind for years ahead. This property is ideal for investors looking to expand their portfolio or for an owner-occupant interested in living in one unit while renting the other two. Don't miss this excellent income-producing opportunity in a fantastic beachside location. Owner is a licensed Real Estate Agent.
Appliances
Electric Range: 1
Electric Water Heater: 1
Refrigerator: 1
Closing Company Details
Closing Company Name: Title Solutions of Florida LLC Bobbie Rose/Leanne Shufelt (321) 586-2095
Closing Company Address: 390 S Courtenay Pkwy Merritt Island FL 32952
Construction Materials
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Investment: 1
Multi-Family: 1
DPR Eligible
DPR Eligible: Yes
Flooring
Laminate: 1
Terrazzo: 1
Vinyl: 1
Heating
Electric: 1
Laundry Features
Electric Dryer Hookup: 1
In Unit: 1
Washer Hookup: 1
Listing Terms
Cash: 1
Conventional: 1
VA Loan: 1
Parking Features
Additional Parking: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Owner Pays
Exterior Maintenance: 1
Insurance: 1
Management: 1
Pest Control: 1
Taxes: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Owner Licensed RE: 1
Standard: 1
Tenant Pays
Electricity: 1
Water: 1
Unit 1 Details
Unit ID: 1341
Actual Rent: 975
Unit SqFt: 919
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased month to month 1 car garage
Unit 2 Details
Unit ID: 1343
Actual Rent: 0
Unit SqFt: 727
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: (Vacant) 2nd room den/office - garage 1/2 storage
Unit 3 Details
Unit ID: 1345
Actual Rent: 700
Unit SqFt: 727
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased month to month 1 car garage
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
No Sign: 1
Contingency Reason
Inspection: 1
Contract Information
Current Price: $574,900
Original List Price: 574900
List Price: $574,900
Status: Active Under Contract
Listing Contract Date: 2025-11-21
Property Sub Type: Triplex
Location Tax and Legal
Street Number: 1341
Street Direction Prefix: S
Street Name: Patrick
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Subdivision Name: Michigan Beach 8th Addn
Status Change Information
Major Change Timestamp: 2025-12-19T15:39:55Z
Major Change Type: Status Change
Status Change Timestamp: 2025-12-19
Contingency: Active Under Contract
Property Features
Appliances: Electric Range; Electric Water Heater; Refrigerator
Construction Materials: Concrete; Stucco
Cooling: Central Air; Electric
Current Use: Investment; Multi-Family
Flooring: Laminate; Terrazzo; Vinyl
Heating: Electric
Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup
Listing Terms: Cash; Conventional; VA Loan
Owner Pays: Exterior Maintenance; Insurance; Management; Pest Control; Taxes
Parking Features: Additional Parking
Possession: Close Of Escrow; Subject To Tenant Rights
Sewer: Public Sewer
Special Listing Conditions: Owner Licensed RE; Standard
Tenant Pays: Electricity; Water
Utilities: Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Contingency Reason: Inspection
Showing Requirements: Appointment Only; Call Listing Agent; No Sign
Listing Office: Shoreline Coast Realty
Last Updated: December - 19 - 2025
Information is deemed to be reliable, but is not guaranteed.