1220 N Highway A1A | Indialantic, FL 32903
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- LoopNet Team
1220 N Highway A1A
Indialantic, FL 32903
Seaside Centre Office Building · Office Property For Sale
Investment Highlights
- 6.51% Cap Rate Actual with upside potential to 7.92% when vacancy is filled - LOI in hand for the vacancy
- Entire facility is well maintained and in excellent condition with a new roof added in June 2020
- Large and affluent residential community surrounding the property
- Located one block from the beach on main thoroughfare within Florida’s Space Coast.
- Preapproved site plan for an additional 5,950 SF office outparcel is included
- A variety of dining nearby including Kona Poke, Big Island Burrito, Mima's Cafe, and Haru Sushi Bar & Grill
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
77,984 SF
Building Class
B
Year Built
2009
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
77,984 SF
Building FAR
0.25
Lot Size
7.14 AC
Zoning
BU-1, County
Parking
322 Spaces (4.13 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 27-38-30-50-00000.0-000B.03 | Improvements Assessment | $9,745,570 |
| Land Assessment | $2,016,165 | Total Assessment | $11,761,735 |
PROPERTY TAXES
Parcel Number
27-38-30-50-00000.0-000B.03
Land Assessment
$2,016,165
Improvements Assessment
$9,745,570
Total Assessment
$11,761,735
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