5925 South Hwy A1A

Melbourne Beach, FL 32951

$5,799,000
Price
—
Beds
6,857 Sq. Ft.
$846 / Sq. Ft.
6,857
Sq. Ft.
$846
per Sq. Ft.

Description

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. 10 Bedrooms 10 baths. Properties of 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...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. 10 Bedrooms 10 baths. Properties of 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 and units can be used as Short-Term or Long Term Rentals. Seven Miles North of the World Famous Sebastian Inlet State Park and Wildlife Refuge and Seven Miles to Downtown Melbourne Beach. So Much Potential. It must be seen to imagine the endless possibilities.
  1. Listed by Kenneth P DeAngelo • Salt Water Realty of Brevard
  2. Listed by Michael John DeAngelo • Salt Water Realty of Brevard

Property Details for 5925 South Hwy A1A

Directions
From Rt. 192 turn right on A1A to the Town of Melbourne Beach ( Ocean Avenue ) turn left and head south of A1A for 7 miles to 5925 A. Highway A1A. Melbourne Shores.
Zoning
Commercial/Residential/Office

Location

Listing Courtesy of Salt Water Realty of Brevard, Kenneth P DeAngelo; Salt Water Realty of Brevard, Michael John DeAngelo
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LISTING UPDATED: 04/30/2024 12:02 PM

Property Details for 5925 South Hwy A1A

StatusActive
MLS #1010359
Days on Market122
Taxes$17,499 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1958
Lot Size1.53 AC / 66,646 SF
CountyBrevard County

Location

Listing Courtesy of Salt Water Realty of Brevard, Kenneth P DeAngelo; Salt Water Realty of Brevard, Michael John DeAngelo
Add your commute

Building Information for 5925 South Hwy A1A

Stories-Residences10Year Built1958Building Size-Lot Size1.53 AC / 66,646 SF

Payment Calculator

$33,106 per month

30 year fixed, 7.25% Interest

Principal and Interest

$31,648

Property Taxes

$1,458

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5925 South Hwy A1A

Summary
Location and General Information
  • Unit #: 0
  • City: Melbourne Beach
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 27.963016
  • Geo Lon: -80.505656
  • Absolute Longitude: 80.505656
  • Schools: Elementary School: Gemini
  • Schools: Middle School: Hoover
  • Schools: High School: Melbourne
  • General County Loc: South
  • County Sub/Condo Name: Melbourne Shores 1st Addn
Taxes and HOA Information
  • Taxes: $17,499.10
  • Tax Year: 2023
  • Tax Acct: 2954024
  • Tax ID: 29-38-14-Gz-00004.0-0015.00
Parking
  • Parking: Additional Parking, Garage, RV Access/Parking, Shared Driveway
  • Garage: 2.0
Property
Lot Information
  • SqFt - Living: 6857.0
  • Lot SqFt: 66646.8
  • Year Built: 1958
  • Picture Count: 8
  • Acreage: 1.53
  • Furnishings: Partially
  • Var Comm: No
  • Road Surface: Asphalt, Paved
  • Current Adjacent Use: Commercial, Hotel/Motel, Office
Property and Assessments
  • Docs on File: 0
  • Res Sub-Type: LLC
  • Legal/Misc: 55+ Community: No
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: B
  • Sub Type: Multi Family
  • To Be Constructed: No
Utilities
  • Utilities: Sewer or Septic: Septic Tank
  • Utilities: Water Type: Shared Well, Well
  • Utilities: Cable Available
Owner Name
  • Owner Name: UR Hospitality Llc
Interior and Exterior Features
Exterior Features
  • Total Floors in Bldg: 2
  • # of Units: 10
  • Buildings: 2
  • Pool Features: None
Interior Features
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Heat: Electric, Other, Varies by Unit
Multi Family
Multi-Family Information
  • Unit 1 Details: Actual Rent: 19200.0
  • Unit 1 Details: Beds Total: 1.0
  • Unit 1 Details: Furnished: Partially
  • Unit 1 Details: Unit ID: 1
  • Unit 1 Details: Unit Remarks: Next to Restaurant and Laundry.
  • Unit 1 Details: Unit SqFt: 310.0
  • Unit 2 Details: Actual Rent: 19200.0
  • Unit 2 Details: Beds Total: 1.0
  • Unit 2 Details: Furnished: Partially
  • Unit 2 Details: Unit ID: 2
  • Unit 2 Details: Unit Remarks: Next to Laundry
  • Unit 2 Details: Unit SqFt: 322.0
  • Unit 3 Details: Actual Rent: 24000.0
  • Unit 3 Details: Beds Total: 1.0
  • Unit 3 Details: Furnished: Partially
  • Unit 3 Details: Unit ID: 3
  • Unit 3 Details: Unit Remarks: Studio
  • Unit 3 Details: Unit SqFt: 472.0
  • Unit 4 Details: Actual Rent: 19200.0
  • Unit 4 Details: Beds Total: 1.0
  • Unit 4 Details: Furnished: Partially
  • Unit 4 Details: Unit ID: 4
  • Unit 4 Details: Unit Remarks: Efficiency
  • Unit 4 Details: Unit SqFt: 321.0
  • Unit 5 Details: Actual Rent: 19200.0
  • Unit 5 Details: Beds Total: 1.0
  • Unit 5 Details: Furnished: Partially
  • Unit 5 Details: Unit ID: 5
  • Unit 5 Details: Unit Remarks: Efficiency
  • Unit 5 Details: Unit SqFt: 327.0
  • Unit 6 Details: Actual Rent: 24000.0
  • Unit 6 Details: Beds Total: 1.0
  • Unit 6 Details: Furnished: Partially
  • Unit 6 Details: Unit ID: 6
  • Unit 6 Details: Unit Remarks: Oceanfront Studio
  • Unit 6 Details: Unit SqFt: 444.0
  • Unit 7 Details: Actual Rent: 21600.0
  • Unit 7 Details: Beds Total: 1.0
  • Unit 7 Details: Furnished: Unfurnished
  • Unit 7 Details: Unit ID: 7
  • Unit 7 Details: Unit Remarks: 1 Bedroom 2nd Floor above office and garage Bldg.2
  • Unit 7 Details: Unit SqFt: 645.0
  • Unit 8 Details: Actual Rent: 21600.0
  • Unit 8 Details: Beds Total: 1.0
  • Unit 8 Details: Furnished: Partially
  • Unit 8 Details: Unit ID: 8
  • Unit 8 Details: Unit Remarks: 1 Bedroom 2nd Floor above office and garage Bldg.2
  • Unit 8 Details: Unit SqFt: 645.0
  • Selling Terms Code: Cash, Conventional
Agent
Sale and Listing
  • Cumulative DOM: 117
  • Days On Market: 117
  • Possession: Close Of Escrow
Showing and Remarks
  • Showing: 24 Hour Notice, Appointment Only, Call Listing Agent

Property History for 5925 South Hwy A1A

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5925 South Hwy A1A

This home is within Brevard.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Gemini Elementary School
PublicPK to 6

Herbert C. Hoover Middle School
Public7 to 8

Melbourne Senior High School
Public9 to 12

Royal Palm Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5925 South Hwy A1A is a multi-family home for sale in Melbourne Beach, FL 32951. This property was listed for sale on January 4, 2024 by Salt Water Realty of Brevard, it's currently listed at $5,799,000. This listing's school district is Brevard. Nearby schools include Gemini Elementary School, Herbert C. Hoover Middle School and Melbourne Senior High School. 5925 South Hwy A1A is a 0-bed, 0-bath, 6,857 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Salt Water Realty of Brevard, Kenneth P DeAngelo; Salt Water Realty of Brevard, Michael John DeAngelo

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/30/2024 12:02 PM