Melbourne Beach, FL 32951,5935 S Hwy A1a #0
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Melbourne Beach, FL 32951,5935 S Hwy A1a #0
Melbourne Beach, FL 32951,5935 S Hwy A1a #0
Melbourne Beach, FL 32951,5935 S Hwy A1a #0
Melbourne Beach, FL 32951,5935 S Hwy A1a #0
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$ 5,200,000
Est. payment /mo
Price Dropped by $100K

5935 S Hwy A1a #0 Melbourne Beach, FL 32951

12 Baths

6,857 SqFt


UPDATED:

12/05/2024 07:55 AM

Key Details

Property Type Commercial

Sub Type Hotel-Motel

Listing Status Active

Purchase Type For Sale

Square Footage 6,857 sqft

Price per Sqft $758

Subdivision Melbourne Shores 1St Addn

MLS Listing ID 1001205

Total Fin. Sqft 6857

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

Year Built 1958

Annual Tax Amount $18,374

Tax Year 2023

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.

Location

State FL

County Brevard

Area 385 - South Beaches

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

Body of Water Atlantic Ocean

Interior

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

Inclusions Business with Real Estate, Building & Land

Exterior

Exterior Feature ExteriorFeatures

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

Garage No

Building

Lot Description Other

Sewer Septic Tank

Water Private, Well

Others

Senior Community No

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


Space Coast Association of Realtors (Brevard MLS)
Listed by Salt Water Realty of Brevard

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5935 S Hwy A1a #0