ActiveRetail

599 Sherwood Avenue, Satellite Beach, FL 32937

Satellite Beach, FL 32937 · MLS #1066322

Offered at$1,400,000 Save property

1Bathrooms

6,150Sq. Ft.

1979Year built

The residence

About this property

599 Sherwood Avenue is a 5,951 SF multi-tenant office building on 0.41 acres in Satellite Beach, FL, with 5,411 SF of gross leasable area. The single-story layout includes 16 suites, each with private entrances, flexible configurations, restrooms, and direct parking. Located just off South Patrick Drive and a block from A1A, it's minutes from Patrick Space Force Base, Cape Canaveral, and the beach. Currently 81.5% occupied (13 of 16 suites), tenants include wellness, beauty, professional services, and boutique retail. Priced at $1.4M (~$235/SF), it offers stable income with lease-up potential.

At a glance

Property details

Property type: Retail
Listing type: For sale
Status: Active
Bathrooms: 1
Living area: 6,150 sq. ft.
Year built: 1979
Lot size: 17,859.6 sq. ft.
Subdivision: Michigan Beach 11th Addn To
County: Brevard
Original list price: $1,400,000
Listing date: October 2, 2026
MLS record updated: October 2, 2026
Annual property tax: $10,402 (2025)
Listing agent: Cassandra Hartford
Listing office: Reach Commercial Real Estate
MLS number: 1066322

Neighborhood & location

Explore Michigan Beach 11th Addn To

SubdivisionMichigan Beach 11th Addn To

CitySatellite Beach

CountyBrevard

ZIP code32937

Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.

Property location599 Sherwood Avenue, Satellite Beach, FL 32937Open directions

Schools

School information

School district: Brevard Public Schools

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Plan your purchase

Mortgage calculator

Estimated monthly payment$8,646

Home price $1,400,000Down payment (%)Interest rate (%)Loan termAnnual property taxes ($)Annual homeowners insurance ($)Monthly HOA ($)

Principal & interest: $7,079
Property taxes: $867
Homeowners insurance: $700
Estimated total: $8,646

Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.

Listing courtesy of Reach Commercial Real Estate, 321-300-4773.

Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.