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5925 S Hwy A1a, Unit A, Melbourne Beach, FL 32951

$4,444,000

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Property Description

UNDER CONTRACT ACCEPTING BACKUP OFFERS **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 todays 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.

5925 S Hwy A1a, Unit A | MLS# 1010359

This multi-family property located at 5925 S Hwy A1a, Unit A, Melbourne Beach, FL 32951 is currently listed for sale with an asking price of $4,444,000. Search Melbourne Beach real estate on knoel.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric, Wall/Window Unit(s)
Garage: 2
Heating: Electric, Varies by Unit, Other
Lot Size: 1.53 Acres
Roof Type: Metal, Other
Year Built: 1958
Square Feet: 6,857

Feature Descriptions

Common Amenities: Management - Off Site, Management - On Site
Days on Site: 409
Equipment/ Appliances Features: Dryer, Electric Oven, Microwave, Refrigerator, Washer, Washer/Dryer Stacked, Water Softener Owned
Exterior: Block, Concrete
Flooring: Tile
Parking Notes: Additional Parking, Garage, RV Access/Parking, Shared
Road Surface: Asphalt, Paved
Sewer: Septic Tank
Special View Info: Beach, Water
Utility Features: Cable Available
Water: Shared Well, Well

Local Schools

High School: Melbourne
Middle School: Hoover
Elementary School: Gemini

Listed By / Shown By

Listed By

Agency Name: Salt Water Realty of Brevard
Agency Phone: 321-720-0409

Shown By

Agent Name: Kevin Noel
Agent Phone: (904) 655-7140
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 22,725.81 per month $21,429.64 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,296.17 Homeowner's Insurance

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