5925 S Hwy A1a unit: A, Melbourne Beach, FL 32951
sale
$4,444,000
|
Other
Courtesy Of Salt Water Realty of Brevard
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 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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Appliance: Electric Oven
- Appliance: Water Softener Owned
- Appliance: Washer/Dryer Stacked
- Appliance: Microwave
- Appliance: Refrigerator
- Appliance: Dryer
- Appliance: Washer
- Building Units: 10
- Cooling System: Window Unit(s)
- Cooling System: Electric
- Cooling System: Central Air
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Concrete
- Exterior Type: Block
- Floor Covering: Tile
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Varies by Unit (Heating)
- Legal Description: MELBOURNE SHORES 1ST ADDN LOTS 15,16 BLK 4 ALSO LOTS 15A, 16A BLK 4 OF MELBOURNE SHORES SECOND ADDN PER PLAT BOOK 11 PG
- MLSID: 1010359
- Parking Spaces: 38
- Roof Type: Metal
- Rooms: Bathroom 8
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bedroom 7
- Rooms: Bedroom 6
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 8
- Rooms: Bathroom 1
- View Type: Water
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