5925 S Hwy A1a, Melbourne Beach, FL 32951
- $5,450,000
- 8
- BD
- 8
- BA
- 6,857
- SqFt
- List Price
- $5,450,000
- Price Change
- ▼ $199,000 1726627163
- MLS#
- 1010359
- Status
- ACTIVE
- Type
- Multifamily
- County
- Brevard
- City
- Melbourne Beach
- Area
- South Beaches
- Subdivision
- Melbourne Shores 1st Addn
- Bedrooms
- 8
- Bathrooms
- 8
- Living Area
- 6,857
- Total Square Feet
- 66,646
- Acres
- 1.53
- Year Built
- 1958
- Days on Market
- 286
Property Description
Welcome to the Best investment opportunity in all of Melbourne Beach, Florida. 1.53 Acres of Oceanfront Property with over 150 Ft. of Direct Ocean frontage. 10 Bedrooms 10 baths. Properties of this size Directly on the Atlantic Ocean are very Rare. Currently a Nine unit apartment/motel with a Full Service turnkey restaurant. 4 efficiency units, two studios with two 1 bedroom and one 2 bedroom apartments. This would make an Incredible resort or Wedding destination with full catering available on site. Pool Can be Added and units can be used as Short-Term or Long Term Rentals. Seven Miles North of the World Famous Sebastian Inlet State Park and Wildlife Refuge and Seven Miles to Downtown Melbourne Beach. So Much Potential. It must be seen to imagine the endless possibilities.
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Additional Information
- Tax Year
- 2023
- Tax Amount
- $17,499
- Equipment And Appliances
- Dryer, Electric Oven, Microwave, Refrigerator, Washer, Washer/Dryer Stacked, Water Softener Owned
- Utilities
- Cable Available
- Exterior Finish
- Block, Concrete
- Construction
- Block, Concrete
- Roof
- Metal, Other
- Floor
- Tile
- Parking
- Additional Parking, Garage, RV Access/Parking, Shared Driveway
- Parking Spaces
- 38
- Garage Spaces
- 2
- Dwelling View
- Beach, Water
- Pool Description
- None
- Elementary School
- Gemini
- Middle School
- Hoover
- High School
- Melbourne
Mortgage Calculator
Listing courtesy of Salt Water Realty of Brevard.