5925 S Hwy A1a #0 Active Save Request In-Person Tour Request Virtual Tour
Melbourne Beach,FL 32951
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,857 sqft
Price per Sqft $692
Subdivision Melbourne Shores 1St Addn
MLS Listing ID 1010359
Bedrooms 8
Full Baths 8
Year Built 1958
Annual Tax Amount $17,499
Tax Year 2023
Lot Size 1.530 Acres
Property Sub-Type Multi Family
Property Description
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.
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 .
Location
State FL
County Brevard
Area 385 - South Beaches
Interior
Heating Electric,Varies by Unit,Other
Cooling Central Air,Electric,Wall/Window Unit(s)
Flooring Tile
Laundry Common Area
Exterior
Exterior Feature ExteriorFeatures
Parking Features Additional Parking,Garage,RV Access/Parking,Shared Driveway
Garage Spaces 2.0
Utilities Available Cable Available
Amenities Available Management - Off Site,Management - On Site
View Beach,Water
Roof Type Metal,Other
Building
Sewer Septic Tank
Water Shared Well,Well
New Construction No
Schools
Elementary Schools Gemini
High Schools Melbourne
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Owner Licensed RE
Virtual Tour https://www.propertypanorama.com/instaview/spc/1010359