5925 S Hwy A1A, Melbourne Beach, FL 32951

Price: $5,300,000

MLS # 1010359

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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

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Property Description:

Take advantage of a rare opportunity to own a piece of paradise with this 10-unit oceanfront motel in the highly sought-after location of Melbourne Beach, Florida. Situated just steps from the pristine Atlantic coastline, this well-established property includes a restaurant, making it an ideal investment for entrepreneurs looking to capitalize on the booming tourism market in Florida's Space Coast.Located directly on the beach with stunning views of the Atlantic Ocean, this property offers guests an unparalleled experience of coastal living, whether they are visiting for a weekend getaway or an extended stay.A restaurant is included, offering both indoor and outdoor seating. Melbourne Beach is a popular destination for both tourists and locals, offering activities such as fishing, surfing and kayaking.With its prime location and substantial lot size, there is potential for expansion, renovations, or even adding amenities like a pool and Spa.

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

ZipCode

Subdivision

Melbourne Shores 1st Addn

Tax Amount

$17,499

HOA Dues

$0.00

5925 S Hwy A1A Melbourne Beach, FL 32951

This listing is courtesy of Salt Water Realty of Brevard.

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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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