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1032 Park Drive 1-4 Satellite Beach, FL $ 1,270,000
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1032 Park Drive 1-4
$ 1,270,000
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1032 Park Drive 1-4

Satellite Beach, FL, 32937
$ 1,270,000
Bedrooms8 Baths4.0 Sq 3,080

Monthly Estimate*

$ 7,820

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Multi-Family Home for sale in Satellite Beach, FL

for $1,270,000 with 8 bedrooms and 4 full baths. This 3,080 square foot home was built in 1964 on a lot size of 0.21.

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

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Multi-Family Active

Price

$ 1,270,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,944

Style

Quadruplex

Lot Size

0.21

Year Built

1964

Town/City

Satellite Beach

County/Region

Brevard

MLS | Web ID

1071047
Features
General
Living Area 3080
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Dryer Electric Oven Electric Range Microwave Refrigerator Washer
Security Features Other
Construction Materials Brick Frame Stucco
Year Built 1964
Stories Count 2
Levels Two
Unit Number 1-4
Property Subtype Quadruplex
Tax Year 2025
Current Use Residential
Additional Parcels Description 2747487
County Brevard
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Seminole Heights
Facing Direction South
Garage Y/N false
Other Structures Other
Full Baths 4
Status Active
Directions 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.
High School Satellite
City Satellite Beach
Senior Community Y/N false
Number Of Units Total 4
MLS Area 382-Satellite Bch/Indian Harbour Bch
Lot Size Units Acres
Lot Size Square Feet 9348
Carport Y/N false
Elementary School Ocean Breeze
Tax Annual Amount 2944.28
Middle/Junior High School Hoover
MLS Area Minor 382-Satellite Bch/Indian Harbour Bch
Standard Status Active
Legal Description PARK DRIVE CONDO UNIT 2 PARK DRIVE CONDOMINIUM AS DESC IN ORB 5629 PG 5734 AND ALL AMENDMENTS THERETO
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Interior
Flooring Concrete Tile Vinyl
Furnished Y/N Furnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features Common Area Electric Dryer Hookup Lower Level Washer Hookup
Total Bedrooms 8
Entry Level 1
Total Baths 4
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Exterior
Exterior Amenities Balcony Courtyard Outdoor Shower
Fencing Wood
Parking Features Assigned Parking Lot
Lot Features Sprinklers In Front Sprinklers In Rear
Water Source Public
Total Parking 8
Lot Size Area 0.21
Lot Size Acres 0.21
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street
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* Excluded Features
List By
Venture Inv. Prop & Mgt Corp

Broker

tesiboyd@gmail.com

Email

Affordability Calculator

$8,065
Per Month
97%
3%
0%
Monthly Principal & Interest
$7,820
Monthly Property Taxes
$245
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1362928 Elementary School
1362994 Middle School
Satellite High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/5/2026$1,270,000 Listed Price

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1032 Park Drive 1-4, Satellite Beach, FL, 32937 is a Multi-Family Home for sale at $1,270,000 with 3,080 sqft and a lot size of 0.21. 1032 Park Drive 1-4 has 8 bedrooms, 4.0 baths, and was built in 1964. The property's zip code is 32937 which is in Satellite Beach, FL

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