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USAFLMelbourne BeachMelbourne Shores 1St Addn5925 Highway A1a
A - 5925 Highway A1a, Home with 8 bedrooms, 8 bathrooms and 38 parking in Melbourne Beach FL | Image 1
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$4,750,000

A - 5925 Highway A1a, Melbourne Beach, FL

Real Estate

For Sale

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8838
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 6857 sqft
Garage Yes
Taxes $17,499
Days Active 599
Lot Size 
Approx. Age 1958
Avg. Price Per Sqft $692
MLS® Number 1010359

Property Address: 

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.Show Description
MLS® Number1010359
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage1.53
Exterior
GarageYes
Approx. Age1958
Basement
DrivewayAdditional Parking, Garage, RV Access/Parking, Shared Driveway
Garage Spaces
HeatElectric, Varies by Unit, Other
A/CCentral Air, Electric, Wall/Window Unit(s)
Heating Fuel

Extras

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