Price: $4,500,000

5925 S Hwy A1AMelbourne Beach, FL 32951


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6,857

Square Foot

N/A

Bedrooms

0.00

Full Baths

N/A

½ Baths

No

Pool

1958

Year Built

MLS # 1010359


Type: Multi Family

List Date: 04-09-2024

Homestead: N/A

Zoning: Commercial/Resi

Property Description:

$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.

Exterior Features

N/A


Interior Features:

N/A


Equipment / Appliances:

N/A


Utilities:

N/A

Property Details


Street Name:

County:

Brevard

Listing Status:

Active

Tax Year:

2023

Pool:

No

Private Pool:

No

Zip Code:

Subdivision:

Melbourne Shores 1st Addn

Tax Amount:

$17,499

HOA Dues:

$0.00

Broker Reciprocity
5925 S Hwy A1A Melbourne Beach, FL 32951

This listing is courtesy of Salt Water Realty of Brevard.

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