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Waterfront Property with Marina Potential
For Sale
$4,990,000

4399 N Highway 1, Melbourne, FL 32935

4.18 AC property permitted for a 96-slip marina.

Property Size2,263 SF
Price / SF$2,205
Days on Market281

Property Features for 4399 N Highway 1

General Information

Standard status Active
Size 2,263 SF
Property subtype Special Purpose

Building Details

Building Size 2,263 SF
Year Built 1966
Listing Agency: SVN Safe Haven Advisors
Listed By: David Kendall, CCIM
Source: Svn
Added: Nov 21, 2025 Changed: Aug 11 Last Checked: Aug 28 at 7:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Safe Haven Advisors

Investment Insights

Based on property information with market context.

This 4.18-acre property is permitted for a 96-slip marina, including 50 wet slips and 46 dry slips, along with a private boat ramp. The marina basin spans 1.92 acres and is complemented by 2.26 acres of upland. A 2,263-square-foot retail office and service shop, complete with a fenced yard, is situated on the commercial parcel. Previously, the site operated as a boat dealership, featuring 490 feet of frontage on US Highway 1 and access to a private marina. US Army Corp permits are in place for the marina, which includes docks and piers within the manmade basin, protected by a 146-foot concrete breakwater. The permits also cover a private boat ramp, 900 linear feet of concrete seawall, and maintenance dredging approval to -5 feet. The sale includes an existing 2,307-square-foot single-family home with four bedrooms and three bathrooms, offering views of the Indian River Lagoon. The property is zoned BU-1, allowing for both commercial and residential use. Located in Brevard County, Florida, it offers direct access to the Indian River Lagoon and is within minutes of beaches such as Satellite Beach, Cocoa Beach, Melbourne Beach, and Sebastian Inlet. The property is less than an hour from Orlando and area theme parks.

Key Highlights

  • Permitted for a 96‑slip marina (50 wet slips and 46 dry slips) with a private boat ramp.
  • Includes a 2,307 SF 4 bedroom/3 bath home on the water, perfect for rental income (VRBO) or a personal residence.
  • 4.18 acres with US HWY 1 frontage and direct access to the Indian River Lagoon.

Property Analytics

Current Use

Marinas

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Law Firm Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
10,025 visits/mo 0.4 miles

Demographics for 32935, FL

41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Marina - 4.18 AC property permitted for a 96-slip marina.
Where is this marina located?
The property is located at 4399 N Highway 1 Melbourne, FL.
What is the asking price?
The asking price for this property is $4,990,000.
What are key features of this property?
This property features: Permitted for a **96‑slip marina (50 wet slips and 46 dry slips)** with a private boat ramp.; Includes a **2,307 SF 4 bedroom/3 bath home on the water**, perfect for rental income (VRBO) or a personal residence.; 4.18 acres with US HWY 1 frontage and direct access to the Indian River Lagoon.
More about this property
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