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    5935 S Highway A1A Melbourne Beach, FL 32951

    Sponsored
    For Sale
    $4,444,000

    COMMERCIAL - Melbourne Beach, FL

    Property size:
    6,857 SF
    Lot size:
    1.53 Acres
    Days on Market:
    11
    Last Refresh:
    Feb 20 at 11:06 pm

    Property Features for 5935 S Highway A1A

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 11, Bathroom 2, Bathroom 12, Bathroom 3, Bathroom 8, Bathroom 1, Bathroom 10, Bathroom 5, Bathroom 4, Bathroom 6, Bathroom 7, Bathroom 9
    Bathrooms
    12
    APN
    29-38-14-Gz-00004.0-0015.00
    Parking features
    RV, Garage, Driveway
    Size
    6,857 SF
    Lot size
    1.53 Acres

    Utilities

    Sewer type
    Septic Tank
    Cooling system
    Window Unit(s), Wall/Window Unit(s), Central Air
    Water source
    Well, Private
    Water front features
    Ocean Access, Ocean Front
    Water front
    1

    Building Details

    Year built
    1958
    Floors in Building
    2
    Number of units
    10

    We can help!

    Listing Contact
    Michael John DeAngelo

    Salt Water Realty of Brevard (321) 720-0409

    Listing agent Michael John DeAngelo (321) 720-0409

    Listing date Feb 10, 2026

    MLS# 1001205

    Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Oceanfront Property with Restaurant

    This 1.53-acre oceanfront property in Melbourne Beach, Florida, presents a rare investment opportunity with over 150 feet of direct ocean frontage. Currently operating as a nine-unit apartment/motel with a full-service turnkey restaurant, the property features four efficiency units, two studios, one 1-bedroom apartment, and one 2-bedroom apartment. The site offers potential for development into a resort or wedding destination with on-site catering. A pool can be added. The property is located seven miles north of Sebastian Inlet State Park and seven miles from downtown Melbourne Beach. It can be used for short-term or long-term rentals. The property size is 6,857 square feet. Seller financing is available for qualified buyers with a full-price offer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Pharmacy Accounting Firm Hotel & Motel Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Blue View Inn, south beach island resort, Surfcaster Motel, Pride & Joy Environmental Resort, Blue View Oceanfront Beach Resort

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.505675
    Latitude
    27.963022

    Nearby Similar for Sale

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      Prime Melbourne Beach Gas Station

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      0 A1A, Melbourne Beach, FL 32951
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      Melbourne Beach Shopping Center Space

      Established shopping center near the Atlantic Ocean in Melbourne Beach.
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    • $5,300,000
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      5935 Highway A1A

      Motels • 6,896 SF
      5935 Highway A1A, Melbourne Beach, FL 32951
      View Details

    FAQs

    What type of property is this?
    Motel - 1.53 acres with motel, apartments, and restaurant in Florida.
    Where is this motel located?
    The property is located at 5935 S Highway A1A Melbourne Beach, FL.
    What is the asking price?
    The asking price for this property is $4,444,000.
    What are key features of this property?
    This property features: - 1. 53 Acres of OCEANFRONT PROPERTY with over 150 Ft. of direct ocean frontage.; - Nine unit apartment/motel with a full service turnkey restaurant.; - Potential for use as short term or long term rentals.
    (321) 313-0249
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    5935 S Highway A1A Melbourne Beach, FL 32951
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    Melbourne Beach, FL 32951
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5935 S Highway A1A Melbourne Beach, FL 32951
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    We can help!
    Listing Contact
    Michael John DeAngelo
    (321) 313-0249 (321) 720-0409
    Learn more
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