5925 S Hwy A1a, Melbourne Beach, FL 32951

Property Details:

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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This listing is courtesy of Salt Water Realty of Brevard. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

• Acreage1.53
• Area385 - South Beaches
• BuildingsNo
• Carport2
• CityMelbourne Beach
• CountyBrevard
• DirectionsFrom Rt. 192 turn right on A1A to the Town of Melbourne Beach ( Ocean Avenue ) turn left and head south of A1A for 7 miles to 5925 A. Highway A1A. Melbourne Shores.
• Fixer UpperNo
• General County LocationSouth
• Legal DescriptionMELBOURNE SHORES 1ST ADDN LOTS 15,16 BLK 4 ALSO LOTS 15A, 16A BLK 4 OF MELBOURNE SHORES SECOND ADDN PER PLAT BOOK 11 PG
• List Price/SqFt$794.81 / sqft
• Listing ID1010359
• Listing StatusActive
• Manager/Owner OccupiedPartially
• Number of Units2
• PoolNo
• Prop TypeMulti Family
• Property TypeMultifamily
• SqFt - Living6,857 sqft
• State/ProvinceFL
• StatusActive
• Status Change DateTuesday, April 9th, 2024
• Street DirectionS
• Street NameHwy A1a
• Street Number5925
• SubdivisionMelbourne Shores 1st Addn
• Tax Year2023
• Taxes$17,499.10
• UnBranded Virtual TourClick Here
• Year Built1958
• Zip Code32951
• ZoningCommercial/Resi