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5925 S Hwy A1a, Melbourne Beach, FL 32951

No

BUILDINGS

$4,750,000

LISTING PRICE

6,857

SQUARE FEET

Multi Family

TYPE

Year Built: 1958

Subdivision: Melbourne Shores 1st Addn

MLS#: 1010359


Status: Active

For More Information Call:

321-255-4242

Property Details:

$500,000 Price Improvement - Exceptional Oceanfront Development OpportunityIncredible 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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This listing is courtesy of Salt Water Realty of Brevard. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

  • Acreage1.53
  • Area385 - South Beaches
  • BuildingsNo
  • CityMelbourne Beach
  • CountyBrevard
  • DirectionsFrom 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.
  • Fixer UpperNo
  • General County LocationSouth
  • List Price/SqFt$692.72 / sqft
  • Listing ID1010359
  • Listing StatusActive
  • Manager/Owner OccupiedPartially
  • Number of Units2
  • PoolNo
  • Private PoolNo
  • Prop TypeMulti Family
  • Property TypeMultifamily
  • SqFt - Living6,857 sqft
  • State/ProvinceFL
  • StatusActive
  • Status Change DateTuesday, February 4th, 2025
  • Street DirectionS
  • Street NameHwy A1a
  • Street Number5925
  • SubdivisionMelbourne Shores 1st Addn
  • Tax Year2023
  • Taxes$17,499.10
  • Total Garage Spaces2
  • UnBranded Virtual TourClick Here
  • Unit NumberA
  • Year Built1958
  • Zip Code32951
  • ZoningCommercial/Resi

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