5925 S Highway A1a Melbourne Beach, FL 32951
Floridana Beach NeighborhoodEstimated payment $27,970/month
Highlights
- Beach View
- RV Access or Parking
- No HOA
- Gemini Elementary School Rated A-
- 1.53 Acre Lot
- Cooling System Mounted To A Wall/Window
About This Home
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 .
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,499
Year Built
- Built in 1958
Lot Details
- 1.53 Acre Lot
- Property fronts a highway
- East Facing Home
Parking
- 2 Car Garage
- Shared Driveway
- Additional Parking
- RV Access or Parking
Home Design
- Metal Roof
- Concrete Siding
- Block Exterior
- Asphalt
Interior Spaces
- 6,857 Sq Ft Home
- 2-Story Property
- Tile Flooring
- Beach Views
- Stacked Washer and Dryer
Kitchen
- Electric Oven
- Microwave
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Schools
- Gemini Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Heating Available
- Shared Well
- Well
- Water Softener is Owned
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 29-38-14-Gz-00004.0-0015.00
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 10 Units
- Melbourne Shores 1St Addn Subdivision
Additional Features
- Laundry Facilities
- Gross Income $216,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Price Changed | $4,750,000 | -9.5% | $693 / Sq Ft |
| 02/04/2025 02/04/25 | For Sale | $5,250,000 | 0.0% | $766 / Sq Ft |
| 02/02/2025 02/02/25 | Off Market | $5,250,000 | -- | -- |
| 02/02/2025 02/02/25 | For Sale | $5,250,000 | 0.0% | $766 / Sq Ft |
| 01/02/2025 01/02/25 | Off Market | $5,250,000 | -- | -- |
| 12/12/2024 12/12/24 | Price Changed | $5,250,000 | +1.0% | $766 / Sq Ft |
| 12/05/2024 12/05/24 | Price Changed | $5,200,000 | -1.9% | $758 / Sq Ft |
| 11/09/2024 11/09/24 | Price Changed | $5,300,000 | -2.8% | $773 / Sq Ft |
| 09/17/2024 09/17/24 | Price Changed | $5,450,000 | -3.5% | $795 / Sq Ft |
| 06/17/2024 06/17/24 | Price Changed | $5,649,000 | -2.6% | $824 / Sq Ft |
| 04/09/2024 04/09/24 | For Sale | $5,799,000 | -- | $846 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1010359
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