5935 S Hwy A1a #0 Active Save Request In-Person Tour Request Virtual Tour
Melbourne Beach,FL 32951
Key Details
Property Type Commercial
Sub Type Hotel-Motel
Listing Status Active
Purchase Type For Sale
Square Footage 6,857 sqft
Price per Sqft $794
Subdivision Melbourne Shores 1St Addn
MLS Listing ID 1001205
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
Interior
Cooling Central Air,Wall/Window Unit(s),Central Building
Inclusions Business with Real Estate, Building & Land
Exterior
Exterior Feature ExteriorFeatures
Garage Additional Parking,Garage,RV Access/Parking,Shared Driveway
Waterfront Yes
Waterfront Description Ocean Access,Ocean Front
Building
Lot Description Other
Sewer Septic Tank
Water Private,Well