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1032 Park Drive #1-4

Satellite Beach, FL 32937
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Bed 8

Bed

Bath 4

Bath

SqFt3,080

Sqft

Acres0.21

Acre(Lot)

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 posi tive 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

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,220,000

AD Id : 75794579

MLS Id : 1071047

Beds : 8

Lot Size : 0.21 Acre

Living Area Size : 3,080

Year Built : 1964

County : Brevard

Subdivision: Seminole Heights

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 8

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Water/Sewer

    Sewer: Public Sewer
  • Flooring Information

    Concrete, Tile, Vinyl
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer Laundry Features: Common Area, Electric Dryer Hookup, Lower Level, Washer Hookup
  • Heating & Cooling

    Heating: Central, Electric Cooling: Central Air, Electric WaterSource: Public

  • Building Information

    Year Built: 1964 Stories: 2 Construction Materials: Brick, Frame, Stucco Security System: Other Roof: Shingle
  • Exterior Features

    Balcony, Courtyard, Outdoor Shower
  • Road Types

    Asphalt
    City Street
  • Fencing

    Wood
  • Laundry Features

    Common Area, Electric Dryer Hookup, Lower Level, Washer Hookup

    Fencing

    Wood

  • Lot Information

    Lot Description: Sprinklers In Front, Sprinklers In Rear Lot Size Area: 0.21 Acres Lot Square Feet: 9,348 Stories: 2 Main Square Feet: 3080

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex SQ ft (Living Area): 3,080 Subdivision: Seminole Heights MLS Area Minor: 382-Satellite Bch/Indian Harbour Bch Source Neighborhood: Seminole Heights Construction Materials: Brick, Frame, Stucco Property Age: 62

  • Listing Price Information

    Listing Id: 1071047 ist Price: $1,220,000 Original List Price: $1,270,000 List Price Tot SqFt: $396 Listing Terms Cash, Conventional
  • Listing Information

    Possession: Close Of Escrow

  • Tax Information

    Parcel Number: 27-37-12-26-00000.0-0030.02 Annual Tax: $2,944 Tax Year: 2025 Taxes: PARK DRIVE CONDO UNIT 2 PARK DRIVE CONDOMINIUM AS DESC IN ORB 5629 PG 5734 AND ALL AMENDMENTS THERETO

  • Parking Information

    Parking Total: 8 Assigned, Parking Lot

  • School Information

    Elementary School: Ocean Breeze
    Elementary School District:
    Junior High School: Hoover
    Senior High School: Satellite
  • Utility Information

    Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: From Hwy A1a go West on Pinetree Drive then go North on School Road. Make a Right on Park Drive. The building is on the left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
280 Grant Avenue, Satellite Beach, FL, 32937 $775,000 5 3 1,820 1,820 SqFt
565 Jackson Avenue, Satellite Beach, FL, 32937 $979,000 7 6 4,550 4,550 SqFt
574 Grant Avenue #574-576, Satellite Beach, FL, 32937 $539,900 4 2 1,824 1,824 SqFt

ByOwner last updated this listing 06/24/2026 @ 04:05

MLS: 1071047 LISTED BY: Maria-Teresa Boyd, Venture Inv. Prop & Mgt Corp 321-271-8704 SOURCE: Space Coast MLS (Space Coast Association of REALTORS®)

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