960 & 980 N Highway A1a, Indialantic, FL 32903
$1,390,000
Property Type:
Commercial Sale
Baths:
2
Square Footage:
6,461
Lot Size (sq. ft.):
39,640
Status:
Closed
Current Price:
$1,390,000
List Date:
10/20/2024
Last Modified:
4/24/2026
Overview
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.
Listing Details MLS# 1027495
General Property Information
- Number Of Units Total
- 2
- Bathrooms Total
- 2
- Building Area Total
- 6461
- Building Area Source
- Public Records
- Year Built
- 1965
- Lot Size Acres
- 0.91
- Association YN
- No
- Water Body Access YN
- No
- List Price/SqFt
- 239.9
- Sold Price/SqFt
- 215.14
Property Features
Business Type:
Restaurant; Retail
Construction Materials:
Concrete; Frame; Stucco
Cooling:
Central Air
Current Use:
Mixed Use
Flooring:
Concrete
Lot Features:
Few Trees
Parking Features:
Parking Lot
Possession:
Close Of Escrow
Sale Includes:
Building & Land
Sewer:
Public Sewer
Utilities:
Sewer Available; Water Available
Water Source:
Public
Contract Information
- Original List Price
- 1550000
- Listing Contract Date
- 2024-10-15
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 960 & 980
- Street Direction Prefix
- N
- Street Name
- Highway A1a
- County
- Brevard
- State
- FL
- Postal Code
- 32903
- MLS Area Major
- 383 - N Indialantic
- Subdivision Name
- NORTH INDIALANTIC BY THE SEA REPLAT OF
Remarks and Miscellaneous
- Public Remarks
- 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.
Status Change Information
- Major Change Timestamp
- 2025-03-11T19:28:40Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2025-03-11
- Purchase Contract Date
- 2025-02-24
- Close Date
- 2025-03-07
- Close Price
- 1390000
More Information
Unit 1 Details
- Unit ID
- 2731676
- Unit SqFt
- 24829
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- Restaurant
- Annual Rent
- 0
Unit 2 Details
- Unit ID
- 2730824
- Annual Rent
- 36000
- Unit SqFt
- 14810
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- Retail
Location, Tax, and Legal
- Tax Account
- 2731676
- Parcel Number
- 27-38-31-Ew-0000e.0-0011.00
- General County Location
- South
- Tax Annual Amount
- 6640.33
- Tax Year
- 2023
- Tax 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
- Additional Parcels YN
- Yes
- Additional Parcels Description
- NORTH INDIALANTIC BY THE SEA, REPLAT OF SLY 71.5 FT OF LOT 10 AS DES IN ORB 600 PG 985 BLK E
- Directions
- Highway A1A N/S to 980/960 N Highway A1A
Construction Materials
- Concrete
- Yes
- Frame
- Yes
- Stucco
- Yes
Cooling
- Central Air
- Yes
Current Use
- Mixed Use
- Yes
Flooring
- Concrete
- Yes
Lot Features
- Few Trees
- Yes
Parking Features
- Parking Lot
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Sewer Available
- Yes
- Water Available
- Yes
Water Source
- Public
- Yes
Business Type
- Restaurant
- Yes
- Retail
- Yes
Sale Includes
- Building & Land
- Yes
Documents
Listing Office:
Compass Florida, LLC
Last Updated: April - 24 - 2026
Information is deemed to be reliable, but is not guaranteed.
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