5925 S Hwy A1a #0 Active

Melbourne Beach,FL 32951

$ 5200000

8 Beds

8 Baths

6857 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,857 sqft

Price per Sqft $758

Subdivision Melbourne Shores 1St Addn

MLS Listing ID 1010359

Bedrooms 8

Full Baths 8

HOA Y/N No

Total Fin. Sqft 6857

Originating Board Space Coast MLS (Space Coast Association of REALTORS®)

Year Built 1958

Annual Tax Amount $17,499

Tax Year 2023

Lot Size 1.530 Acres

Acres 1.53

Property Description

Take advantage of a rare opportunity to own a piece of paradise with this 10-unit oceanfront motel in the highly sought-after location of Melbourne Beach, Florida. Situated just steps from the pristine Atlantic coastline, this well-established property includes a restaurant, making it an ideal investment for entrepreneurs looking to capitalize on the booming tourism market in Florida's Space Coast.

Located directly on the beach with stunning views of the Atlantic Ocean, this property offers guests an unparalleled experience of coastal living, whether they are visiting for a weekend getaway or an extended stay.

A restaurant is included, offering both indoor and outdoor seating. Melbourne Beach is a popular destination for both tourists and locals, offering activities such as fishing, surfing and kayaking.
With its prime location and substantial lot size, there is potential for expansion, renovations, or even adding amenities like a pool and Spa.

Location

State FL

County Brevard

Area 385 - South Beaches

Direction From Rt. 192 turn right on A1A to the Town of Melbourne Beach ( Ocean Avenue ) turn left and head south of A1A for 7 miles to 5925 A. Highway A1A. Melbourne Shores.

Interior

Heating Electric,Varies by Unit,Other

Cooling Central Air,Electric,Wall/Window Unit(s)

Flooring Tile

Furnishings Partially

Appliance Dryer,Electric Oven,Microwave,Refrigerator,Washer,Washer/Dryer Stacked,Water Softener Owned

Laundry Common Area

Exterior

Exterior Feature ExteriorFeatures

Parking Features Additional Parking,Garage,RV Access/Parking,Shared Driveway

Garage Spaces 2.0

Pool None

Utilities Available Cable Available

Amenities Available Management - Off Site,Management- On Site

View Beach,Water

Roof Type Metal,Other

Present Use Commercial,Hotel/Motel,Office

Street Surface Asphalt,Paved

Road Frontage Highway

Garage Yes

Private Pool No

Building

Faces East

Sewer Septic Tank

Water Shared Well,Well

New Construction No

Schools

Elementary Schools Gemini

High Schools Melbourne

Others

Senior Community No

Tax ID 29-38-14-Gz-00004.0-0015.00

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Owner Licensed RE

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