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    5835 Highway A1A Melbourne Beach, FL 32951

    For Sale
    $2,290,000

    Prime oceanfront lot, build your dream home.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 39,640 square foot lot presents a rare opportunity to build a custom home in desirable Melbourne Beach, Florida. Located at 5835 S Highway A1A, this expansive property boasts a 114-foot wide frontage and extends nearly 500 feet deep, offering unparalleled privacy and ocean views. The property is zoned for residential use and is free from HOA restrictions, allowing for maximum design flexibility. Imagine an oceanfront pool and a home perfectly tailored to your vision. This location provides convenient access to Melbourne's vibrant downtown area, featuring an array of shops and restaurants. Nearby parks and schools add to the family-friendly appeal. The property's strategic location also offers easy access to Orlando Melbourne International Airport and I-95, placing Orlando and Miami Beach within a two-hour drive. This is more than just a lot; it's a chance to embrace the quintessential Florida beach lifestyle, creating a dream home in a truly exceptional setting. The asking price for this remarkable property is $2,290,000. The property's address is 5835 S Highway A1A, Melbourne Beach, FL 32951, in Brevard County.

    Property Features for 5835 Highway A1A

    General Information

    Property type
    Land

    HighLights

    • $2,290,000 asking price.
    • 39,640 square foot lot.
    • Oceanfront land in Melbourne Beach, FL, on Highway A1A.
    • Zoned residential, single‑family lot; 114' wide x nearly 500' deep.
    • No HOA restrictions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Pharmacy Accounting Firm Hotel & Motel Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.5065879
    Latitude
    27.964904

    Nearby Comparable

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      Oceanfront Land: Melbourne Beach

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      Oceanfront Land: Melbourne Beach, FL

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      Gas Station Business Opportunity

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    Nearby Similar for Sale

    • Contact for pricing
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      Prime Melbourne Beach Gas Station

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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?
    Land - Prime oceanfront lot, build your dream home.
    Where is this land located?
    The property is located at 5835 Highway A1A Melbourne Beach, FL.
    What is the asking price?
    The asking price for this property is $2,290,000.
    What are key features of this property?
    This property features: $2,290,000 asking price.; 39,640 square foot lot.; Oceanfront land in Melbourne Beach, FL, on Highway A1A.
    Request Owner's contact information
    5835 Highway A1A Melbourne Beach, FL 32951
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    Melbourne Beach, FL 32951
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    Realmo Value Estimation

    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.

    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.

    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
    5835 Highway A1A Melbourne Beach, FL 32951
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