5935 S Hwy A1a, Melbourne Beach, FL 32951

$5,799,000
10
BA
6,857
SqFt

Property Description

Welcome to the most unique property and best investment opportunity in all of Melbourne Beach, Florida. 1.53 Acres of Oceanfront Property with over 150 Ft. of direct ocean frontage. Properties 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. Seven miles north of the world famous Sebastian Inlet State Park and seven miles to downtown Melbourne Beach, Can be used as short term or long term rentals. So much potential it must be seen to imagine the endless possibilities.

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Calculator source: Real Geeks

Listing courtesy of Salt Water Realty of Brevard.