105 NE 3rd St - Apartments FOR SALE


Satellite Beach, FL 32937
$1,099,000 USD
321-626-0889
105 NE 3rd St, Satellite Beach, FL for Sale
$1,099,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

105 NE 3rd St
Satellite Beach, FL 32937


HIGHLIGHTS

  • Located only steps from the beach in the desirable South Patrick Shores neighborhood.
  • Fully renovated interiors featuring modern appliances and turnkey furnishings.
  • Currently operated as a managed short-term rental business with income history.
  • Close to major destinations including Cocoa Beach, Brevard Zoo, and Kennedy Space Center.
  • Quick access to Patrick Space Force Base and regional transportation corridors.
  • Approximately 45 miles to Orlando International Airport and 7 miles to Melbourne International Airport.

OVERVIEW

Welcome to Sandpiper, a fully renovated, income-producing investment located just steps from the Atlantic Ocean in Satellite Beach. This turnkey quadruplex has been thoughtfully remodeled to deliver four high-quality units, each designed for comfort and style. Currently operated as a managed short-term rental business, Sandpiper offers a rare opportunity for investors seeking immediate cash flow in one of Florida’s most desirable coastal markets. Guests are drawn to the property’s unbeatable location: less than 100 yards from the beach, minutes from Patrick Space Force Base, and just 10 minutes from Cocoa Beach. Major regional attractions such as Kennedy Space Center and Brevard Zoo are an easy drive, while Melbourne International Airport (7 miles) and Orlando International Airport (45 miles) provide convenient travel access. This meticulously updated asset combines operational stability with a prime beachside setting, ensuring strong year-round demand from vacation travelers and visiting professionals. Don’t miss the chance to own an established, fully managed short-term rental property on Florida’s iconic Space Coast.

FOR SALE DETAILS

PRICE

$1,099,000 USD

PRICE/SF

$442 USD /SF

# OF UNITS

4

PRICE/UNIT

$274,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

BU1

APN/PARCEL ID

26-37-23-26-00013.0-0001.01

ASK ABOUT THIS PROPERTY

Paige LaneKeller Williams RealtyMore Info
321-626-0889

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Paige LaneKeller Williams RealtyMore Info
321-626-0889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.