5935 S Hwy A1a, Melbourne Beach, FL 32951

$4,000,000
12
BA
6,857
SqFt

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Sold Price
$4,000,000
List Price
$4,444,000
Status
CLOSED
Days on Market
879
Closing Date
Jun 01, 2026
MLS#
1001205
Subtype
Commercial Sale
Year Built
1958
Bathrooms
12
Living Area
6,857
Subdivision
Melbourne Shores 1st Addn
MLS Area Major
South Beaches

Property Description

UNDER CONTRACT ACCEPTING BACKUP OFFERS** A great investment opportunity in Melbourne Beach, Florida. 1.53 Acres of Oceanfront Property with over 150 Ft. of direct ocean frontage. Properties 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. Seven miles north of the world famous Sebastian Inlet State Park and seven miles to downtown Melbourne Beach, Can be used as short term or long term rentals. So much potential it must be seen to imagine the endless possibilities.

Additional Information

Air Conditioning
Central Air, Wall/Window Unit(s), Central Building
Exterior Construction
Other
Parking
Additional Parking, Garage, RV Access/Parking, Shared Driveway

Listing courtesy of Salt Water Realty of Brevard.

Listing courtesy of Salt Water Realty of Brevard. Contact:

Selling Office: Salt Water Realty of Brevard.

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Calculator source: Real Geeks