1341 S Patrick Drive, Satellite Beach, FL 32937

$539,000
Property Type: Residential Income Bedrooms: 4 Baths: 3 Square Footage: 2,373 Lot Size (sq. ft.): 9,583 Status: Closed
Current Price: $539,000 List Date: 11/21/2025 Last Modified: 4/24/2026

Overview

Description

Investor Alert! Prime opportunity in highly sought-after South Satellite Beach—just one mile from the shoreline and minutes to Patrick Space Force Base. This entire triplex is available and offers strong income potential plus future flexibility. Each unit features its own private driveway, with Units 1341 and 1345 including 1-car garages. Unit 1343 has a converted garage currently used as storage. Current occupancy includes: Unit 1341: Month-to-month tenant Unit 1343: Vacant Unit 1345: Month-to-month tenant The roof was replaced in August 2022, providing peace of mind for years ahead. This property is ideal for investors looking to expand their portfolio or for an owner-occupant interested in living in one unit while renting the other two. Don't miss this excellent income-producing opportunity in a fantastic beachside location. Owner is a licensed Real Estate Agent.

Listing Details MLS# 1062704

General Property Information

Number Of Buildings
Yes
Number Of Units Total
3
Bedrooms Total
4
Bathrooms Total
3
Bathrooms Full
3
Living Area
2373
Living Area Source
Public Records
New Construction YN
No
Year Built
1964
Garage YN
Yes
Garage Spaces
Yes
Carport YN
No
Lot Size Acres
0.22
Lot Size Square Feet
9583
Association YN
No
CDD Fee YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Stories Total
Yes
Stories
Yes
Direction Faces
South
Pool Private YN
No
Senior Community YN
No
List Price/SqFt
242.27
Sold Price/SqFt
227.14
Bathrooms Half
0

Property Features

Appliances: Electric Range; Electric Water Heater; Refrigerator Construction Materials: Concrete; Stucco Cooling: Central Air; Electric Current Use: Investment; Multi-Family Flooring: Laminate; Terrazzo; Vinyl Heating: Electric Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Listing Terms: Cash; Conventional; VA Loan Owner Pays: Exterior Maintenance; Insurance; Management; Pest Control; Taxes Parking Features: Additional Parking Possession: Close Of Escrow; Subject To Tenant Rights Sewer: Public Sewer Special Listing Conditions: Owner Licensed RE; Standard Tenant Pays: Electricity; Water Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; No Sign

Contract Information

Original List Price
574900
Listing Contract Date
2025-11-21
Property Sub Type
Triplex

Location Tax and Legal

Street Number
1341
Street Direction Prefix
S
Street Name
Patrick
Street Suffix
Drive
County
Brevard
State
FL
Postal Code
32937
MLS Area Major
382-Satellite Bch/Indian Harbour Bch
Subdivision Name
Michigan Beach 8th Addn

Remarks and Miscellaneous

Public Remarks
Investor Alert! Prime opportunity in highly sought-after South Satellite Beach—just one mile from the shoreline and minutes to Patrick Space Force Base. This entire triplex is available and offers strong income potential plus future flexibility. Each unit features its own private driveway, with Units 1341 and 1345 including 1-car garages. Unit 1343 has a converted garage currently used as storage. Current occupancy includes: Unit 1341: Month-to-month tenant Unit 1343: Vacant Unit 1345: Month-to-month tenant The roof was replaced in August 2022, providing peace of mind for years ahead. This property is ideal for investors looking to expand their portfolio or for an owner-occupant interested in living in one unit while renting the other two. Don't miss this excellent income-producing opportunity in a fantastic beachside location. Owner is a licensed Real Estate Agent.

Status Change Information

Major Change Timestamp
2026-03-03T19:11:12Z
Major Change Type
Status Change
Status Change Timestamp
2026-03-03
Purchase Contract Date
2025-12-19
Close Date
2026-03-02
Close Price
539000

More Information

Closing Company Details

Closing Company Name
Title Solutions of Florida LLC Bobbie Rose/Leanne Shufelt (321) 586-2095
Closing Company Address
390 S Courtenay Pkwy Merritt Island FL 32952

DPR Eligible

DPR Eligible
Yes

Unit 1 Details

Unit ID
1341
Actual Rent
975
Unit SqFt
919
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Leased month to month 1 car garage

Unit 2 Details

Unit ID
1343
Unit SqFt
727
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
(Vacant) 2nd room den/office - garage 1/2 storage
Actual Rent
0

Unit 3 Details

Unit ID
1345
Actual Rent
700
Unit SqFt
727
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Leased month to month 1 car garage

Location, Tax, and Legal

Tax Account
2613515
Parcel Number
26-37-35-56-0000y.0-0002.01
General County Location
South
Elementary School
Surfside
Middle School
DeLaura
High School
Satellite
Tax Annual Amount
8738.89
Tax Year
2025
Directions
From Pineda Cswy (404) travel South on South Patrick Dr. approximately 2.6 miles turn left after you pass Island Dr at 1341 South Patrick Dr. The 2nd building on left. No sign. Vacant unit is middle unit 1343.

Appliances

Electric Range
Yes
Electric Water Heater
Yes
Refrigerator
Yes

Construction Materials

Concrete
Yes
Stucco
Yes

Cooling

Central Air
Yes
Electric
Yes

Current Use

Investment
Yes
Multi-Family
Yes

Flooring

Laminate
Yes
Terrazzo
Yes
Vinyl
Yes

Heating

Electric
Yes

Laundry Features

Electric Dryer Hookup
Yes
In Unit
Yes
Washer Hookup
Yes

Listing Terms

Cash
Yes
Conventional
Yes
VA Loan
Yes

Parking Features

Additional Parking
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Owner Pays

Exterior Maintenance
Yes
Insurance
Yes
Management
Yes
Pest Control
Yes
Taxes
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Owner Licensed RE
Yes
Standard
Yes

Tenant Pays

Electricity
Yes
Water
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
No Sign
Yes
Listing Office: Shoreline Coast Realty
Last Updated: April - 24 - 2026
Information is deemed to be reliable, but is not guaranteed.
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