5925 S Hwy A1A, Melbourne Beach, FL 32951
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Type: Multifamily
Bedrooms: N/A
Full Baths: N/A
Half Baths: N/A
List Date: 04-09-2024
Year Built: 1958
Homestead: N/A
6,857 Sq. Ft.
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
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Equipment / Appliances
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5925 S Hwy A1A Melbourne Beach, FL 32951
This listing is courtesy of Salt Water Realty of Brevard.
Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Vero Beach, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard and Central Florida.
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