5925 S Hwy A1a Melbourne Beach, FL 32951
Listing Courtesy of: SPACE COAST / Salt Water Realty Of Brevard

  5925 S Hwy A1a Melbourne Beach, FL 32951

Active (323 Days)
$5,300,000
8
BED
8
BATH
6,857
SQFT

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.

MLS #:
1010359
Taxes
$17,499(2023)
Lot Size
1.53 acres
Type
Multifamily
Year Built
1958
Views
Water, Beach
County
Brevard County
Community
Melbourne Shores 1st Addn

Listed By

Kenneth P Deangelo, Salt Water Realty Of Brevard
Source
SPACE COAST
Last checked Nov 21 2024 at 9:01 AM EST
Bathroom Details
  • Full Bathrooms: 8
Subdivision
  • Melbourne Shores 1st Addn
Heating and Cooling
  • Electric
  • Other
  • Varies by Unit
  • Central Air
  • Wall/Window Unit(s)
Pool Information
  • None
Flooring
  • Tile
Exterior Features
  • Roof: Metal
  • Roof: Other
Utility Information
  • Utilities: Cable Available
  • Sewer: Septic Tank
  • Fuel: Electric
Garage
  • Has Garage
Stories
  • 2
Living Area
  • 6,857 sqft
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 09, 2024
Price Changed
$5,300,000
-3%
-150,000
Sep 17, 2024
Price Changed
$5,450,000
-4%
-199,000
Jun 17, 2024
Price Changed
$5,649,000
-3%
-150,000
Jan 04, 2024
Original Price
$5,799,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Carioti and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Space Coast MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/21/24 01:01