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1032 Park Drive , Unit 1-4, Satellite Beach, FL 32937

$1,270,000

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Property Description

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

1032 Park Drive , Unit 1-4 | MLS# 1071047

This multi-family property located at 1032 Park Drive , Unit 1-4, Satellite Beach, FL 32937 is currently listed for sale with an asking price of $1,270,000. Search Satellite Beach real estate on kloferski.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Heating: Central, Electric
Lot Size: 0.21 Acres
Roof Type: Shingle
Year Built: 1964
Square Feet: 3,080

Amenities

Balcony
Courtyard
Outdoor Shower

Feature Descriptions

Equipment/ Appliances Features: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Exterior: Brick, Frame, Stucco
Flooring: Concrete, Tile, Vinyl
Lot: Sprinklers In Front, Sprinklers In Rear
Parking Notes: Assigned, Parking Lot
Road Surface: Asphalt
Security/ Safety Features: Other
Sewer: Public Sewer
Utility Features: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Public

Local Schools

High School: Satellite
Middle School: Hoover
Elementary School: Ocean Breeze

Listed By / Shown By

Listed By

Agency Name: Venture Inv. Prop & Mgt Corp
Agency Phone: 321-271-8794

Shown By

Agent Name: Kim Loferski
Agent Phone: (904) 657-9114
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 6,494.55 per month $6,124.13 Principal & Interest $0.00 Property Tax (data not provided by mls) $370.42 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/05/2026. The listing information on this page last changed on 03/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/05/2026 12:00:32 AM EST) or GAMLS (last updated Wed 03/04/2026 11:15:00 PM EST) or Stellar MLS (last updated Wed 03/04/2026 11:43:59 PM EST) or SPC MLS (last updated Wed 03/04/2026 11:20:38 PM EST) or Martin MLS (last updated Wed 03/04/2026 11:38:12 PM EST) or Indian River MLS (last updated Wed 03/04/2026 11:30:24 PM EST) or Daytona MLS (last updated Wed 03/04/2026 11:36:48 PM EST) or Northeast Florida MLS (last updated Wed 03/04/2026 11:58:41 PM EST) or Beaches MLS (last updated Wed 03/04/2026 11:55:59 PM EST) or BORMLS (last updated Wed 03/04/2026 11:15:45 PM EST) or Golden Isles MLS (last updated Wed 03/04/2026 11:26:34 PM EST) or Amelia/Nassau MLS (last updated Wed 03/04/2026 11:25:17 PM EST) or Dixie Gilchrist Levy MLS (last updated Wed 03/04/2026 11:42:25 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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