1233 Highway A1A, Satellite Beach, FL 32937
GU (General Use)Flood: AEAI Site IntelligenceClaude-Powered
Location & Zoning: Satellite Beach site (Brevard County) zoned GU (General Use). Prime corridor with strong demographics and employment base.
Site Characteristics: 12,500 sq ft lot with existing 1972 structure. FEMA Zone AE. Lot dimensions support multifamily redevelopment.
Development Potential: FAR 2 allows up to 25,000 SF buildable area. Height limit 35 ft. Strong MTR demand from nearby employers.
Market Signal: Low vacancy with consistent rent growth. Permits trending upward in Brevard County trailing 12 months.
Investment Thesis: Mid-term rental opportunity driven by workforce housing demand. Below-market acquisition basis enables strong yield on cost.
Property Summary
Parcel
Parcel ID26-37-03-76-00012.0-0001.00
Assessed Value$485,000
OwnershipCOASTAL HOLDINGS LLC
Year Built1972
Zoning
DistrictGU (General Use)
MunicipalitySatellite Beach
Opportunity ZoneNo
FEMA Flood ZoneAE
Market Context
CountyBrevard
Subject Property
1233 Highway A1A, Satellite Beach, FL 32937
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ZoneWise.AI · Satellite
Quick Stats
Lot Area12,500 SF
Max Height35 ft
FAR2
Max Coverage50%
Parking Req1.5/unit
Flood ZoneAE
Max Buildable25,000 SF