5925 S Hwy A1a Melbourne Beach, FL 32951
Listing Courtesy of: SPACE COAST / Salt Water Realty Of Brevard

  5925 S Hwy A1a Melbourne Beach, FL 32951

Active (248 Days)
$5,649,000
8
BED
8
BATH
6,857
SQFT

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.

MLS #:
1010359
Taxes
$17,499(2023)
Lot Size
1.53 acres
Type
Multifamily
Year Built
1958
Views
Water, Beach
County
Brevard County
Community
Melbourne Shores 1st Addn

Listed By

Kenneth P Deangelo, Salt Water Realty Of Brevard
Source
SPACE COAST
Last checked Sep 8 2024 at 3:44 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 8
Subdivision
  • Melbourne Shores 1st Addn
Heating and Cooling
  • Electric
  • Other
  • Varies by Unit
  • Central Air
  • Wall/Window Unit(s)
Pool Information
  • None
Flooring
  • Tile
Exterior Features
  • Roof: Metal
  • Roof: Other
Utility Information
  • Utilities: Cable Available
  • Sewer: Septic Tank
  • Fuel: Electric
Garage
  • Has Garage
Stories
  • 2
Living Area
  • 6,857 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 17, 2024
Price Changed
$5,649,000
-3%
-150,000
Jan 04, 2024
Original Price
$5,799,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Space Coast MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/7/24 20:44