5925 S Hwy A1a #A, Melbourne Beach, FL 32951
Local realty services provided by:CENTURY 21 Lighthouse Realty
Listed by: michael john deangelo, kenneth p deangelo
Office: salt water realty of brevard
MLS#:1010359
Source:FL_SPACE
Price summary
- Price:$4,500,000
- Price per sq. ft.:$656.26
About this home
$500,000 Price Improvement - Exceptional Oceanfront Development Opportunity
Incredible 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.
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Home facts
- Year built:1958
- Listing ID #:1010359
- Added:200 day(s) ago
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:8
- Living area:6,857 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Year built:1958
- Building area:6,857 sq. ft.
- Lot area:1.53 Acres
Schools
- High school:Melbourne
- Middle school:Hoover
- Elementary school:Gemini
Finances and disclosures
- Price:$4,500,000
- Price per sq. ft.:$656.26
- Tax amount:$17,499 (2023)
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