5925 S Hwy A1a #0 Active Save Request In-Person Tour Request Virtual Tour
Melbourne Beach,FL 32951
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 $794
Subdivision Melbourne Shores 1St Addn
MLS Listing ID 1010359
Bedrooms 8
Full Baths 8
Year Built 1958
Annual Tax Amount $17,499
Tax Year 2023
Lot Size 1.530 Acres
Property Description
Welcome to the Best investment opportunity in all of Melbourne Beach, Florida. 1.53 Acres of Oceanfront Property with over 150 Ft. of Direct Ocean frontage. 10 Bedrooms 10
baths. Properties of 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 and units can be used as Short-Term or Long Term Rentals. Seven Miles North of the World Famous Sebastian Inlet State Park and Wildlife Refuge and Seven Miles to Downtown Melbourne Beach. So Much Potential. It must be seen to imagine the endless possibilities.
Location
State FL
County Brevard
Area 385 - South Beaches
Interior
Heating Electric,Varies by Unit,Other
Cooling Central Air,Electric,Wall/Window Unit(s)
Flooring Tile
Laundry Common Area
Exterior
Exterior Feature ExteriorFeatures
Garage 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
Building
Sewer Septic Tank
Water Shared Well,Well
New Construction No
Schools
Elementary Schools Gemini
High Schools Melbourne
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Owner Licensed RE