5935 S Hwy A1a #0 Melbourne Beach, FL 32951
12 Baths
6,857 SqFt
UPDATED:
12/13/2024 10:15 PM
Key Details
Property Type Commercial
Sub Type Hotel-Motel
Listing Status Active
Purchase Type For Sale
Square Footage 6,857 sqft
Price per Sqft $765
Subdivision Melbourne Shores 1St Addn
MLS Listing ID 1001205
Total Fin. Sqft 6857
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1958
Annual Tax Amount $18,374
Tax Year 2023
Property Description
A great investment opportunity in Melbourne Beach, Florida. 1.53 Acres of Oceanfront Property with over 150 Ft. of direct ocean frontage. Properties this size directly
on the Atlantic Ocean are very rare. Currently a Nine unit apartment/motel with a full service turnkey restaurant. 4 efficiency units, two studios with two 1 bedroom and one 2 bedroom apartments. This would make an incredible resort or wedding destination with full catering available on site. Pool can be added. Seven miles north of the world famous Sebastian Inlet State Park and seven miles to downtown Melbourne Beach, Can be used as short term or long term rentals. So much potential it must be seen to imagine the endless possibilities.
Location
State FL
County Brevard
Area 385 - South Beaches
Direction From 192 turn right on A1A. To the The Town of Melbourne Beach ( Ocean Avenue) turn left and head south on A1A for 7 miles to 5925 S. Highway A1A. Melbourne Shores.
Body of Water Atlantic Ocean
Interior
Cooling Central Air, Wall/Window Unit(s), Central Building
Inclusions Business with Real Estate, Building & Land
Exterior
Exterior Feature ExteriorFeatures
Parking Features Additional Parking, Garage, RV Access/Parking, Shared Driveway
Garage No
Building
Lot Description Other
Sewer Septic Tank
Water Private, Well
Others
Senior Community No
Tax ID 29-38-14-Gz-00004.0-0015.00
