For SaleMulti-Family
$1.2M
1032 Park Drive 1-4, Satellite Beach, FL 32937, Satellite Beach, FL 32937
Satellite Beach neighborhood
Subdivision: Seminole Heights
8
Bedrooms
4
Bathrooms
3,080
Sq Ft
1964
Year Built

About This Property

Fantastic opportunity to acquire a turnkey, income-producing coastal asset just steps from the Atlantic Ocean. Completely renovated in 2022, this boutique-style retreat blends lifestyle appeal with strong investment fundamentals. The property features four spacious two-bedroom, one-bath units, each with a full kitchen, dining area, living room, private bath, and charming coffee nook--designed to maximize comfort and repeat bookings. Modern upgrades and curated finishes create a high-demand short-term rental experience. Guest-focused amenities drive premium occupancy, including keyless entry, balcony lounge, BBQ patio, game area, hammock niche, private laundry, outdoor shower, and beach accessories. Native landscaping and luxury artificial turf minimize maintenance and expenses. Proven positive cash flow, attractive cap rate, and strong rental history make this ideal for portfolio growth or a 1031 exchange. Showings between bookings; financials readily available for qualified buyers

Additional Details

Lot Size:0.21 acres (9,348 sqft)
Full Baths:4
MLS Area:382-Satellite Bch/Indian Harbour Bch

Schools

Elementary

Ocean Breeze

Middle School

Hoover

High School

Satellite

$1.2M
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Listing Agent

M
Maria-Teresa Wellman Boyd
Venture Inv. Prop & Mgt Corp
321-271-8704
MLS# 1071047
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