1032 Park Drive 1-4, Indian Harbour Beach, FL 32937
$1,270,000
Property Type:
Commercial Sale
Baths:
4
Square Footage:
3,080
Lot Size (sq. ft.):
9,348
Status:
Active
Current Price:
$1,270,000
List Date:
2/26/2026
Last Modified:
2/26/2026
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
More Information MLS# 1070436
Location, Tax, and Legal
Unit Number: 1-4
Tax Account: 2747487
Parcel Number: 27-37-12-26-00000.0-0030.02
General County Location: South
Tax Annual Amount: 2944.28
Tax Year: 2025
Tax Legal Description: PARK DRIVE CONDO UNIT 2 PARK DRIVE CONDOMINIUM AS DESC IN ORB 5629 PG 5734 AND ALL AMENDMENTS THERETO
Directions: From Hwy A1a go West on Pinetree Drive then go North on School Road. Make a Right on Park Drive. The building is on the left.
General Property Information
Number Of Units Total: 4
Building Area Total: 3080
Lot Size Acres: 0.2146
Building Name: Lora Square
List Price/SqFt: 412.34
Bathrooms Total: 4
Year Built: 1964
Remarks and Miscellaneous
Public Remarks: 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
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Stucco: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Current Use
Multi-Family: 1
Other: 1
Fencing
Wood: 1
Other: 1
Flooring
Tile: 1
Vinyl: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Sprinklers In Front: 1
Sprinklers In Rear: 1
Parking Features
Assigned: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Unit 1 Details
Unit ID: Unit 1
Annual Rent: 30000
Unit SqFt: 770
# Units (This Type): 4
Baths Total: 1
Furnished: Furnished
Unit Remarks: Bottom Floor Unit
Unit 2 Details
Unit ID: Unit 2
Annual Rent: 30000
Unit SqFt: 770
# Units (This Type): 4
Baths Total: 1
Furnished: Furnished
Unit Remarks: Bottom Floor Unit
Unit 3 Details
Unit ID: 3
Annual Rent: 30000
Unit SqFt: 770
# Units (This Type): 4
Baths Total: 1
Furnished: Furnished
Unit Remarks: Top Floor Unit
Unit 4 Details
Unit ID: 4
Annual Rent: 30000
Unit SqFt: 770
# Units (This Type): 4
Baths Total: 1
Furnished: Furnished
Unit Remarks: Top Floor Unit
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Combination Lock Box: 1
Showing Service: 1
Building Features
Laundry: 1
Lobby: 1
Lounge: 1
Existing Lease Type
Other: 1
Location
City: 1
Showing Considerations
Occupied: 1
Sale Includes
Business with Real Estate: 1
Contract Information
Current Price: $1,270,000
Original List Price: 1270000
List Price: $1,270,000
Status: Active
Listing Contract Date: 2026-02-24
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 1032
Street Name: Park
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Subdivision Name: Seminole Heights
Status Change Information
Major Change Timestamp: 2026-02-26T20:01:56Z
Major Change Type: New Listing
Status Change Timestamp: 2026-02-26
Property Features
Building Features: Laundry; Lobby; Lounge
Construction Materials: Block; Concrete; Frame; Stucco
Cooling: Ceiling Fan(s); Central Air; Electric
Current Use: Multi-Family; Other
Existing Lease Type: Other
Fencing: Wood; Other
Flooring: Tile; Vinyl
Heating: Central; Electric
Listing Terms: Cash; Conventional
Lot Features: Sprinklers In Front; Sprinklers In Rear
Parking Features: Assigned
Possession: Close Of Escrow
Road Frontage Type: City Street
Roof: Shingle
Sale Includes: Business with Real Estate
Sewer: Public Sewer
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Combination Lock Box; Showing Service
Water Source: Public
Lead Based Paint Disclosure ›
Listing Office:
Venture Inv. Prop & Mgt Corp
Last Updated: February - 26 - 2026
Information is deemed to be reliable, but is not guaranteed.