Real Estate Listings for Cocoa Beach, Satellite Beach and Brevard County, Florida

Alyssa Boyd

Greater Brevard Area, Waterfront Properties & Cocoa Beach

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Melbourne Beach, Fl

Price: $4,750,000.00

5925 Hwy A1a  Unit #A

Melbourne Beach, Fl 32951

6,857 Sq. Ft.

0.00 Bathrooms


MULTIFAMILY - MLS #1010359 - Built in 1958
Added on Tuesday, April 9th, 2024 at 12:00am


About This Property:

$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.

Subdivision

Melbourne Shores 1st Addn

Parking

Split Floorplan

Pool

No

Pool Description

Waterfront

Water Type

none

Construction

Floor

Exterior Finish

Roof Type

Fireplace

Furnishings

Home Warranty

Utilities

Appliances

County

Brevard

Gated Community

HOA

HOA Dues

$0.00

Tax Year

2023

Tax Amount

$17,499.10

55+ Community

Home View

Additional Rooms

Short Sale

Home Style

Interior Features

Exterior Features

Property Details - This listing is courtesy of Salt Water Realty of Brevard.