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$1,390,000
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Property Description
Introducing an exceptional investment opportunity at 960 and 980 North Highway A1A, located with high visibility off A1A in the vibrant community of Indialantic Florida. This impressive .91-acre lot is zoned BU-1, allowing for a variety of commercial uses, making it ideal for diverse business ventures or redevelopment. The first building, formerly known as the iconic Petrillo's restaurant, spans an expansive 3,521 square feet. This space offers ample room for creative transformation, whether you envision a bustling eatery, a retail hub, or a service-oriented business. The second structure, features 2,940 square feet, providing further versatility for community-focused enterprises or additional commercial endeavors. With its proximity to A1A, the site attracts significant foot and vehicle traffic, making it an ideal spot for visibility and accessibility. Don't miss your chance to invest in a property that combines historical charm with modern potential.
Full Property Details
Full Property Details for 960 & 980 N Hwy A1A
General
- Sold For: $1,390,000
- Taxes: $6,640 (2023)
- Status: Closed
- Type: Business
- Source: BrevardCounty
- MLS ID: 1027495
- Added to Site: 484 day(s) ago
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 2
Parking
- Parking Features: Parking Lot
Location
- Area: 383 - N Indialantic
- County: Brevard
- Subdivision: NORTH INDIALANTIC BY THE SEA REPLAT OF
- Driving Directions: Highway A1A N/S to 980/960 N Highway A1A
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Exterior Const.: Concrete, Frame, Stucco
- Square Feet: 6,461
- Sq. Ft. Source: Public Records
- Living Area: 6,461 Sq. Ft.
- Current Bldg. Use: Mixed Use
- Year Built: 1965
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.91
- Lot Size (Sq. Ft.): 39,639.6
- Lot Features: Few Trees
Financial Considerations
- Price Per Sq. Ft.: $239.9
- Tax Amount: $6,640.33
- Tax Year: 2023
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: NORTH INDIALANTIC BY THE SEA, REPLAT OF LOT 11 BLK E NORTH INDIALANTIC BY THE SEA, REPLAT OF SLY 71.5 FT OF LOT 10 AS
- Property ID: 27-38-31-Ew-0000e.0-0011.00
Listed and Sold by Compass Florida, LLC
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Schools
Schools serving 960 & 980 N Hwy A1A
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Indialantic Elementary School 1050 Palm Avenue North, Indialantic, FL 32903 | K-6 | 0.2 mi |
Herbert C. Hoover Middle School 2000 Hawk Haven Drive, Indialantic, FL 32903 | 7-8 | 0.3 mi |
Melbourne Senior High School 74 Bulldog Boulevard, Melbourne, FL 32901 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 960 & 980 N Hwy A1A
Date
Details
Price
Change
Source
3/07/2025
Sold
$1,390,000
-10.32%
MLS
10/15/2024
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
960 & 980 N Highway A1A, Indialantic, FL 32903 (MLS# 1027495) is a Business property that was sold at $1,390,000 on March 07, 2025. Want to learn more about 960 & 980 N Highway A1A? Do you have questions about finding other Business real estate for sale in Indialantic? You can browse all Indialantic real estate or contact a Coldwell Banker agent to request more information.

