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5935 S Hwy A1a # 0 Melbourne Beach, FL $ 5,799,000
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5935 S Hwy A1a # 0
$ 5,799,000
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5935 S Hwy A1a # 0

Melbourne Beach, FL, 32951
$ 5,799,000
Baths12.0 Sq 6,857

Monthly Estimate*

$ 38,542

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View a Virtual Tour
Studio

Commercial Property for sale in Melbourne Beach, FL

for $5,799,000 with 12 full baths. This 6,857 square foot building was built in 1958.

Welcome to the most unique property and best investment opportunity in all of 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.

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Commercial Active

Price

$ 5,799,000

Bedrooms

Studio

Full Bath

12

Property Type

Commercial

Taxes

$ 18,374

Style

Hotel-Motel

Year Built

1958

Town/City

Melbourne Beach

County/Region

Brevard

MLS | Web ID

1001205
Features
General
Sewer Septic Tank
Cooling Central Air Wall/Window Unit(s) Central Building
Construction Materials Other
Year Built 1958
Unit Number 0
Property SubType Hotel-Motel
Tax Year 2023
Waterfront Features Ocean Access Ocean Front
Additional Parcels Description 5925 and 5935 S. Highway A1A Melbourne Beach Florida 32951
County Brevard
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Melbourne Shores 1st Addn
Building Features Storage Kitchen Facilities Laundry Lounge Office Overhead Doors Private Restroom Reception Area Restaurant Separate Office Area
Status Active
Directions 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.
City Melbourne Beach
Body of Water Atlantic Ocean
View Y/N N
Senior Community Y/N N
Zoning Description Commercial/Residential/Office
NumberOfUnitsTotal 10
MLS Area 385 - South Beaches
Lot Size Square Feet 0.0
Waterfront Y/N Y
Street Name Hwy A1a
Land Lease Y/N N
Tax Annual Amount 18374.7
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 385 - South Beaches
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1001205
Standard Status Active
Legal Description MELBOURNE SHORES 1ST ADDN LOTS 15 16 BLK 4 ALSO LOTS 15A 16A BLK 4 OF MELBOURNE SHORES SECOND ADDN PER PLAT BOOK 11 PG
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Exterior
Parking Features Additional Parking Garage RV Access/Parking Shared Driveway
Lot Features Other
Water Source Private Well
Inclusions {u'Building & Land': True u'Business with Real Estate': True}
Lot Size Area 0.0
Spa N
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Electric On Property Y/N N
Total Baths 12
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Internal Only
Street Number 1 5935
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* Excluded Features
List By
Salt Water Realty Of Brevard

Broker

kennyd22@gmail.com

Email

Affordability Calculator

$40,073
Per Month
96%
4%
0%
Monthly Principal & Interest
$38,542
Monthly Property Taxes
$1,531
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/8/2024$5,799,000 -3.27% Price Down
1/5/2024$5,995,000 Listed Price

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5935 S Hwy A1a # 0, Melbourne Beach, FL, 32951 is a Commercial Property for sale at $5,799,000 with 6,857 sqft. 5935 S Hwy A1a # 0 is a studio with 12.0 baths and was built in 1958. The property's zip code is 32951 which is in Melbourne Beach, FL

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