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    6970 Florida A1A Melbourne Beach, FL 32951

    For Sale
    $1,950,000

    6.3 Acres, Prime A1A Location, $1.95M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 6.3-acre parcel presents a rare opportunity to acquire prime oceanfront land in the highly desirable Melbourne Beach, Florida. Located directly on Florida A1A, this property boasts unparalleled access and visibility. The land is designated for residential use, offering expansive potential for development. With its impressive size and coveted location in Brevard County, this property is ideal for a variety of residential projects. The asking price is $1,950,000. The folio number for this property is 29-38-25-00-507. Given its beachfront position and substantial acreage, this offering represents a significant investment opportunity in a sought-after coastal community. The property's address is 6970 Florida A1A, Melbourne Beach, FL 32951. Its geographical coordinates are latitude 27.9375696 and longitude -80.4925911. This is a unique chance to secure a substantial piece of Florida's beautiful coastline. The property's residential zoning allows for a wide range of development possibilities, making it an attractive proposition for discerning buyers. Serious inquiries are encouraged.

    Property Features for 6970 Florida A1A

    General Information

    Property type
    Land
    Lot Size
    274,428 SF

    HighLights

    • 6.3‑acre residential land parcel for sale.
    • Folio number: 29‑38‑25‑00‑507.
    • Prime A1A frontage location.
    • Asking price: $1,999,999.
    • Located in Brevard County, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Melbourne Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.4925911
    Latitude
    27.9375696

    Nearby Comparable

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      Oceanfront Land in Melbourne Beach

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    FAQs

    What type of property is this?
    Land - 6.3 Acres, Prime A1A Location, $1.95M
    Where is this land located?
    The property is located at 6970 Florida A1A Melbourne Beach, FL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: 6.3-acre residential land parcel for sale.; Folio number: 29-38-25-00-507.; Prime A1A frontage location.
    (954) 938-1806
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    6970 Florida A1A 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
    6970 Florida A1A Melbourne Beach, FL 32951
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