5925 S Hwy A1a, Melbourne Beach, FL 32951

$5,799,000
8
BD
8
BA
6,857
SqFt
List Price
$5,799,000
MLS#
1010359
Status
ACTIVE
Type
Multifamily
County
Brevard
City
Melbourne Beach
Area
South Beaches
Subdivision
Melbourne Shores 1st Addn
Bedrooms
8
Bathrooms
8
Living Area
6,857
Total Square Feet
66,646
Acres
1.53
Year Built
1958

Property 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.

Additional Information

Tax Year
2023
Tax Amount
$17,499
Equipment And Appliances
Dryer, Electric Oven, Microwave, Refrigerator, Washer, Washer/Dryer Stacked, Water Softener Owned
Utilities
Cable Available
Exterior Finish
Block, Concrete
Construction
Block, Concrete
Roof
Metal, Other
Floor
Tile
Parking
Additional Parking, Garage, RV Access/Parking, Shared Driveway
Parking Spaces
38
Garage Spaces
2
Dwelling View
Beach, Water
Pool Description
None
Cooling
Central Air, Electric, Wall/Window Unit(s)
Elementary School
Gemini
Middle School
Hoover
High School
Melbourne

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Salt Water Realty of Brevard.