UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K


              CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934.



                         Date of Report February 4, 2000


                         SBA COMMUNICATIONS CORPORATION
             (Exact name of registrant as specified in its charter)

 

                Florida                                333-50219                                       65-0716501
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    (State or other jurisdiction of                Commission File Number                           (I.R.S. Employer
    incorporation or organization)                                                                  Identification No.)




                One Town Center Road, Boca Raton, Florida                                                  33486
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                 (Address of principal executive offices)                                               (Zip code)


                                 (561) 995-7670
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              (Registrant's telephone number, including area code)
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Item 2            Other Events


                  SBA Communications Corporation announced that the underwriters
                  of its recent  offering of 9,000,000  shares of Class A Common
                  Stock have exercised their  over-allotment  option to purchase
                  1,350,000  shares of SBA's Class A common  stock from  certain
                  stockholders.  The Company will not receive the proceeds  from
                  any sale of shares by the selling shareholders.


                  The offering was  underwritten by Lehman  Brothers,  Deutsche
                  Banc Alex.  Brown,  Salomon Smith Barney Inc.,  Raymond  James
                  &  Associates,  Inc. and Fidelity  Capital  Markets,  a
                  division of National  Financial  Services  Corporation.
                  Copies of a prospectus for the offering may be obtained from
                  the Prospectus Department of Lehman Brothers.


Item 7            Financial Statements and Exhibits

                  (c)      Exhibits

99.1              Press release dated February 3, 2000


                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.




February 4, 2000                               /s/  Jeffrey A. Stoops
                                               ----------------------
                                                    Jeffrey A. Stoops
                                                    Chief Financial Officer