About This Property
Description from listing agent599 Sherwood Avenue offers three office suites in a multi-tenant Satellite Beach building. Each has a private entrance, private restroom, and layout suited for professional, therapy, or wellness use. Features include direct access off South Patrick Dr (20,000+ AADT), pylon signage, surface parking, and proximity to A1A, Patrick SFB (5-10 min), and beach access (under 5 min). The building has 16 suites with tenants in wellness, beauty, professional services, and specialty retail. Available suites: - Suite 103,104: 485 SF $1,375/mo gross ($24.74 PSF) - Suite 105, 106: 555 SF $1,575/mo gross ($21.62 PSF ) - Suite 110: 317 SF, $900/mo gross ($28.39 PSF) - Suite 207: 352 SF, $1,000/mo gross (~$32 PSF) Lease: Base rent + NNN (CAM/taxes/insurance, confirm on inquiry).
Space Coast Context
🚀 Launch Viewing — Good Views
26.7 mi from SLC-40
26.7 miles from SLC-40 — visible on clear days, especially at night.
Estimates only — verify with Google Maps.
Flood Risk
Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.
Estimated flood insurance: $800 – $2,500 / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
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Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $4
- Property taxes
- $1
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $700 price — down payment shown: $140.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
