For sale
  • Price increase: $25K (8/3)
    $4,750,000

    5925 S Highway A1a #A, Melbourne Beach, FL 32951

    8beds
    6,857sqft
    : 
    Multi Family
    Built in 1958
    -- sqft lot
    $-- Zestimate®
    $693/sqft
    $-- HOA

    What's special

    Direct beach accessDirect oceanfront commercial propertyValuable and versatile parcelSweeping ocean views
    $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.
    201 days
    on Zillow
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    444
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