Listing Courtesy of: SPACE COAST / Salt Water Realty Of Brevard
5925 S Hwy A1a Melbourne Beach, FL 32951
Active (485 Days)
$4,750,000
Description
MLS #:
1010359
1010359
Taxes
$17,499(2023)
$17,499(2023)
Lot Size
1.53 acres
1.53 acres
Type
Multifamily
Multifamily
Year Built
1958
1958
Views
Beach, Water
Beach, Water
County
Brevard County
Brevard County
Community
Melbourne Shores 1st Addn
Melbourne Shores 1st Addn
Listed By
Michael John Deangelo, Salt Water Realty Of Brevard
Source
SPACE COAST
Last checked Jun 1 2025 at 7:16 AM GMT+0000
SPACE COAST
Last checked Jun 1 2025 at 7:16 AM GMT+0000
Bathroom Details
- Full Bathrooms: 8
Subdivision
- Melbourne Shores 1St Addn
Heating and Cooling
- Electric
- Varies by Unit
- Other
- Central Air
- Wall/Window Unit(s)
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
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 C21 Carioti and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 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 6/1/25 00:16
Incredible opportunity to acquire 1.53 acres of direct oceanfront commercial property at a significantly reduced price. This is one of the most valuable and versatile parcels available on the coast.
Zoned commercial with daily rental allowed, the property is ideal for a wide range of high-impact uses. Build a boutique resort, a luxury short-term rental compound, an oceanfront wedding and event venue, or a signature restaurant with unmatched views. The zoning supports retail, hospitality, and mixed-use concepts, making it a truly flexible asset.
The land offers direct beach access and sweeping ocean views. Its size, zoning, and location make it nearly impossible to replicate in today's market.
With a $500,000 price improvement, this is a serious value-add opportunity for developers, hospitality groups, or investors looking for a 1031 exchange or long-term hold.