$539,000 For Sale

106 Sunrise Ave Avenue #A & B
Satellite Beach, FL 32937

3 beds, 2 partial baths | Single Family Home
1,768 sq ft; lot: 10019 sq ft lot - MLS# 1070929
Property Photo
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Description

This income-producing duplex presents a compelling investment opportunity, strategically zoned Commercial (C) and primed for redevelopment, repositioning, or long-term hold. Situated on approximately 0.23 acres with 2,400 square feet, the property features minimal brush, mature trees, and a two-story structure positioned to capture picturesque sunrise views, rocket launches, and glimpses of the Atlantic Ocean from the second floor. The current configuration includes a one-bedroom, one-bath residence on the first floor and a two-bedroom, one-bath residence on the second floor, offering immediate rental potential or flexibility for future use.While the property would benefit from light renovation and cosmetic updates, it represents a strong value-add opportunity with the potential to create equity and optimize cash flow. Located directly across the street from Sunrise Beach public access, the property enjoys a premier beachside setting with convenient access to the shoreline. Its Commercial zoning allows for a variety of potential uses, making it particularly attractive to builders, developers, or investors seeking a coastal asset with redevelopment potential. Positioned in the heart of Florida's rapidly growing Space Coast, the property is just minutes from Patrick Space Force Base, SpaceX operations, and major aerospace employers including Northrop Grumman and L3Harris. This rare offering combines location, zoning flexibility, and long-term appreciation potential in one of Brevard County's most desirable coastal corridors.

Features

  • Property Type: Single Family Home
  • Sub Type: Single Family Home
  • Listing Status: Active
  • County/Area: Brevard County
  • Zip Code: 32937
  • Year Built: 1957
  • Subdivision/Neighborhood: Eau Gallie By The Sea
  • Elementary School: Ocean Breeze
  • Middle School: DeLaura
  • High School: Satellite
  • Sq.Ft.: 1,768 sq ft
  • Stories: 2
  • Bedrooms: 3
  • Half Baths: 2
  • Garage: 1 Car
  • Lot Size: 10019 sq ft lot
  • Baths: 2
  • Additional Parcels Description: 2706271
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Freezer, Microwave, Refrigerator, Washer
  • Construction Materials: Aluminum Siding, Block, Frame
  • Cooling: Central Air
  • Direction Faces: South
  • Directions: Coming South on A1A, turn left onto Sunrise Ave, house is on your right.
  • Exterior Features: Balcony
  • Flooring: Carpet, Laminate, Terrazzo
  • Heating: Central, Electric
  • Interior Features: Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Features: In Unit
  • Levels: Two
  • Listing Terms: Cash, Conventional, FHA, VA Loan, Other
  • Living Area Source: Appraiser
  • Lot Features: Corner Lot
  • Lot Size Area: 0.23
  • Lot Size Square Feet: 10019
  • Lot Size Units: Acres
  • MLS Area Minor: 381 - N Satellite Beach
  • Main Type: Residential
  • Parcel Number: 27-37-01-50-00006.0-0013.00
  • Parking Features: Garage
  • Pets Allowed: Yes
  • Possession: Close Of Escrow
  • Property Condition: Fixer
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Special Conditions Details: Corporate Owned
  • Tax Annual Amount: 6929.41
  • Tax Year: 2025
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Courtesy of ZOOM Realty Group LLC
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Melbourne Real Estate
685 Prescott Blvd.
Melbourne, FL 32903
Phone: 1-866-645-7702
Email: info@MyMelbournePlace.com

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