$979,000
565 Jackson Avenue, Satellite Beach, Fl 32937
Satellite Beach, FL 32937
Listing updated: April 22, 2026 at 10:03 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage spaces
About this home
OPPORTUNITY KNOCKING, WILL YOU ANSWER? This 4-PLEX Mix-use incoming producing property has so to offer. 2 large apartments upstairs with two large commercial units downstairs with a 2 car garage! BOTH residential units have been COMPLETELY REDONE! All new baseboard, fans, light fixtures, paint, luxury vinyl floors, ROOF 2023and so much more! Kitchens have all new wood cabinets, tile backsplash, stainless steel appliances with granite countertops. Bathrooms NEW vanities, lights, mirrors, tile tub and stand alone showers! Rented for $1,700 each with built in $100 increase on lease expiration. CPA has one of the large units downstairs with room to sublease for more income. Salon has the other commercial side. TOTAL rent currently $6,100 with a ton of potential to make BOTH commercial lease NNN. Commercial leases are month to month. Perfect fit for a owner occupant work in one unit and enjoy the cashflow of the other 3! Close to shopping, A rated schools, restaurants and BEACH!!
Local Insight
At $215/sqft for a 1979 multi-family in Satellite Beach, you're paying a premium that reflects the location's strict low-density zoning guarantee rather than the property's age or condition—this is a play on the neighborhood's character preservation, not on the building itself. The 7-bed/6-bath footprint on just 0.24 acres suggests a tight layout that would need inspection for functionality and rental appeal, especially given that older multi-families in this zoning environment typically have limited upside from redevelopment. The lack of HOA is a genuine advantage here, but you'll want to understand the actual income potential: Satellite Beach's demographic skews toward single-family oceanfront buyers, not multi-unit investors, which could affect tenant demand and exit strategy.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Price increased$979,000
Facts & features
- Property type
- Residential Income
- Sub type
- Multi Family
- Status
- Active
- Subdivision
- Eau Gallie Shores
- County
- Brevard
- Year built
- 1979
- Living area
- 4,550 sq ft
- Price/sq ft
- $215
- Building area
- 5,500 sq ft
- Lot size
- 10,454 sq ft
- Garage
- 2 spaces
- MLS #
- 1072004
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Interior Details
- Bedrooms
- 7
- Full bathrooms
- 6
Parking
- Garage spaces
- 2
Listing Details
- Original list price
- $979,000
Location
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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Based on information submitted to the MLS GRID as of April 22, 2026 at 10:03 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
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