$1,900,000
Satellite Beach, FL 32937
MLS# 1028403
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Property Description
''They aren't making land anymore.'' One of only three vacant lots on A1A, this rare, developable 1.14-acre parcel on Hwy A1A in Satellite Beach offers a unique opportunity for a mixed-use project. Entitled for up to 16,000 SF with flexible commercial/residential use. Development Specs Site Area: 1.14 acres Max FAR: 0.7 Recommended: 16,000 SF mixed-use Commercial: ±8,500 SF Residential: 5-6 condos (1,800-2,000 SF each) Parking: 1:300 commercial, 1:1 residential Investment Drivers Live Local Act site Strong neighboring uses Prime A1A location, below-grade infrastructure may be considered Market Dynamics Aerospace & Defense Expansion 111 launches this year, projected 1,000 annually by 2030. STARCOM HQ and DEL 10 nearby. Corporate Growth Amazon Kuiper, SpaceX, Blue Origin, Lockheed, Boeing, and more expanding, boosting demand. Economic Impact Billions in new investment, high-paying jobs, and housing demand for military and aerospace personnel.
Details
Maps
Location, Tax, and Legal
Tax Account: 2705964
Parcel Number: 27-37-01-00-00281.0-0000.00
General County Location: South
Elementary School: Surfside
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 10500
Tax Year: 2024
Tax Legal Description: PART OF GOVT LOT 2 W OF HWY AS DES IN ORB 1637 PG 412 EX ORB 1641 PG 649
Directions: North on Highway A1A the property will be on the west side of the road.
General Property Information
Lot Size Acres: 1.14
Lot Size Square Feet: 49658
Water Body Access YN: No
CDD Fee YN: No
List Price/Acre: 1666666.67
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: ''They aren't making land anymore.''
One of only three vacant lots on A1A, this rare, developable 1.14-acre parcel on Hwy A1A in Satellite Beach offers a unique opportunity for a mixed-use project. Entitled for up to 16,000 SF with flexible commercial/residential use.
Development Specs
Site Area: 1.14 acres
Max FAR: 0.7
Recommended: 16,000 SF mixed-use
Commercial: ±8,500 SF
Residential: 5-6 condos (1,800-2,000 SF each)
Parking: 1:300 commercial, 1:1 residential
Investment Drivers
Live Local Act site
Strong neighboring uses
Prime A1A location, below-grade infrastructure may be considered
Market Dynamics
Aerospace & Defense Expansion
111 launches this year, projected 1,000 annually by 2030. STARCOM HQ and DEL 10 nearby.
Corporate Growth
Amazon Kuiper, SpaceX, Blue Origin, Lockheed, Boeing, and more expanding, boosting demand.
Economic Impact
Billions in new investment, high-paying jobs, and housing demand for military and aerospace personnel.
Current Use
Other: 1
Listing Terms
Other: 1
Lot Features
Cleared: 1
Other: 1
Possession
Close Of Escrow: 1
Road Frontage Type
Highway: 1
Road Surface Type
Paved: 1
Sewer
Unknown: 1
Special Listing Conditions
Standard: 1
Utilities
Other: 1
View
River: 1
Water: 1
Water Source
Other: 1
Development Status
Raw Land: 1
Showing Requirements
Call Listing Agent: 1
Contract Information
Current Price: $1,900,000
Original List Price: 2250000
List Price: $1,900,000
Status: Active
Listing Contract Date: 2024-10-31
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 1568
Street Name: Highway A1a
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2025-12-23T19:37:23Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-12-23T19:37:23Z
Status Change Timestamp: 2025-12-23
Property Features
Current Use: Other
Development Status: Raw Land
Listing Terms: Other
Lot Features: Cleared; Other
Possession: Close Of Escrow
Road Frontage Type: Highway
Road Surface Type: Paved
Sewer: Unknown
Showing Requirements: Call Listing Agent
Special Listing Conditions: Standard
Utilities: Other
View: River; Water
Water Source: Other
Listing Office: Reach Commercial Real Estate
Last Updated: December - 23 - 2025
Information is deemed to be reliable, but is not guaranteed.