1592 Highway A1a Highway, Satellite Beach, FL 32937

$1,600,000
Property Type: Commercial Sale Baths: 8 Square Footage: 5,660 Lot Size (sq. ft.): 17,860 Status: Active
Current Price: $1,600,000 List Date: 4/09/2026 Last Modified: 6/17/2026

Overview

Description

Positioned along highly desirable Hwy A1A, this fully occupied mixed-use property presents a rare opportunity to acquire an income-producing asset in one of the Space Coast's most sought-after coastal corridors. The building features three commercial units on the ground floor and three residential apartments above, offering a balanced blend of retail and residential income streams. All units are currently leased, allowing a new owner to step into immediate cash flow with established tenants already in place. The commercial level is well-equipped with three ADA-compliant bathrooms, while the upper-level apartments have been thoughtfully updated with modern appliances and offer comfortable, well-maintained living spaces. Recent improvements include fresh interior paint throughout and updated ceiling tiles, enhancing both appearance and functionality. Upstairs, residents enjoy unobstructed ocean views--an exceptional feature that elevates desirability and long-term value.

Supplements: With its prime location, strong rental demand, and turnkey income, this property offers a unique combination of stability, upside potential, and coastal lifestyle appeal. An outstanding opportunity for investors seeking immediate returns in a high-visibility, high-demand area.

Listing Details MLS# 1074203

General Property Information

Number Of Units Total
6
Bathrooms Total
8
Building Area Total
5660
Building Area Source
Public Records
Accessibility Features YN
Yes
Year Built
1973
Lot Size Acres
0.41
Land Lease YN
No
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Senior Community YN
No
List Price/SqFt
282.69

Property Features

Building Features: Kitchen Facilities; Private Restroom; Rear Access; Restaurant Ceiling Type: Suspended Construction Materials: Block; Stucco; Other Cooling: Central Air; Electric Current Use: Mixed Use Existing Lease Type: NNN; Other Flooring: Laminate; Tile Heating: Central Listing Terms: Cash; Conventional Lot Features: Cleared Operating Expense Includes: Insurance; Trash Owner Pays: Pest Control; Taxes; Water; Other Parking Features: Parking Lot Possession: Close Of Escrow Road Frontage Type: Highway Roof: Membrane Sale Includes: Building & Land Sewer: Public Sewer Showing Considerations: Occupied Showing Requirements: Call Listing Agent Special Listing Conditions: Standard Tenant Pays: Electricity; Water Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Original List Price
1600000
Listing Contract Date
2026-04-09
Property Sub Type
Mixed Use

Location Tax and Legal

Street Number
1592
Street Name
Highway A1a
Street Suffix
Highway
County
Brevard
State
FL
Postal Code
32937
MLS Area Major
381 - N Satellite Beach
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Positioned along highly desirable Hwy A1A, this fully occupied mixed-use property presents a rare opportunity to acquire an income-producing asset in one of the Space Coast's most sought-after coastal corridors. The building features three commercial units on the ground floor and three residential apartments above, offering a balanced blend of retail and residential income streams. All units are currently leased, allowing a new owner to step into immediate cash flow with established tenants already in place. The commercial level is well-equipped with three ADA-compliant bathrooms, while the upper-level apartments have been thoughtfully updated with modern appliances and offer comfortable, well-maintained living spaces. Recent improvements include fresh interior paint throughout and updated ceiling tiles, enhancing both appearance and functionality. Upstairs, residents enjoy unobstructed ocean views--an exceptional feature that elevates desirability and long-term value.

Status Change Information

Major Change Timestamp
2026-04-09T16:22:51Z
Major Change Type
New Listing
Status Change Timestamp
2026-04-09

More Information

Unit 1 Details

Unit ID
Downstairs
Unit SqFt
1330
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Commercial Space
Annual Rent
0

Unit 2 Details

Unit ID
Downstairs
Unit SqFt
650
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Commercial Space
Annual Rent
0

Unit 3 Details

Unit ID
Downstairs
Unit SqFt
800
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Commercial Space
Annual Rent
0

Unit 4 Details

Unit ID
Upstairs
Unit SqFt
825
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Residential 2/2
Annual Rent
0

Unit 5 Details

Unit ID
Upstairs
Unit SqFt
640
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Residential 2/1
Annual Rent
0

Unit 6 Details

Unit ID
Upstairs
Unit SqFt
640
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Residential 2/1
Annual Rent
0

Location, Tax, and Legal

Tax Account
2705961
Parcel Number
27-37-01-00-00278.0-0000.00
General County Location
South
Tax Annual Amount
18060.7
Tax Year
2025
Tax Legal Description
PT OF GOVT LOT 2 W OF HWY AS DES IN ORB 1217 PG 566 & ORB 1641 PG 649 EX ORB 4031 PG 1599 PAR 281.1
Directions
From Desoto Pkwy heading East turn left onto A1A; building is on the left next to the CVS

Construction Materials

Block
Yes
Stucco
Yes
Other
Yes

Cooling

Central Air
Yes
Electric
Yes

Current Use

Mixed Use
Yes

Flooring

Laminate
Yes
Tile
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes

Parking Features

Parking Lot
Yes

Possession

Close Of Escrow
Yes

Owner Pays

Pest Control
Yes
Taxes
Yes
Water
Yes
Other
Yes

Road Frontage Type

Highway
Yes

Roof

Membrane
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Tenant Pays

Electricity
Yes
Water
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes

Building Features

Kitchen Facilities
Yes
Private Restroom
Yes
Rear Access
Yes
Restaurant
Yes

Ceiling Type

Suspended
Yes

Existing Lease Type

NNN
Yes
Other
Yes

Operating Expense Includes

Insurance
Yes
Trash
Yes
Utilities
Yes

Showing Considerations

Occupied
Yes

Sale Includes

Building & Land
Yes
Listing Office: Real Broker, LLC
Last Updated: June - 17 - 2026
Information is deemed to be reliable, but is not guaranteed.

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