USAFLMelbourne BeachMelbourne Shores 1St AddnA-5925 Highway A1a
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a-5925 Highway A1a, Melbourne Beach, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$4,500,000

8838

MLS® 1010359

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 6857 sqft
Garage Yes
Taxes $17,499
Days Active 719
Lot Size 1.53 acres
Approx. Age 1958
Avg. Price Per Sqft $656
MLS® Number 1010359

Property Address: a-5925 Highway A1a, Melbourne Beach, FL, 32951-3704

Average square foot calculated using Size range provided by listing agent.

Description

$500, 000 Price Improvement - Exceptional Oceanfront Development Opportunity 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.
MLS® Number1010359
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage1.53
Exterior
GarageYes
Approx. Age1958
Basement
DrivewayAdditional Parking, Garage, RV Access/Parking, Shared Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 4, 2024List Date
$4,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
5925 Highway A1a, Melbourne Beach, FL

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