5805 Highway A1A Melbourne Beach, FL 32951
- Land
Current Use by Public Records
- Land
Property Details for 5805 Highway A1A
- Property type
- Land
Description
This exceptional 26,572 square foot oceanfront property in Melbourne Beach, Florida, presents a unique investment opportunity. Located at 5805 Highway A1A, zip code 32951, this .61-acre parcel offers breathtaking ocean views and the potential for diverse development. Currently featuring a well-maintained duplex, the property allows for immediate income generation or demolition to make way for a new construction project. The quiet, pristine beach location provides a tranquil setting, ideal for a luxury residence or a rental property. The RU-24 zoning designation permits nightly rentals, opening up possibilities for short-term vacation rentals. This versatile property is situated in Brevard County and offers a rare combination of established infrastructure and exceptional oceanfront location. The deep lot ensures privacy and ample space for development. The asking price is $2,350,000. This is a truly remarkable opportunity to own a piece of paradise in Melbourne Beach. Don't miss this chance to acquire this highly desirable oceanfront land.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melbourne Beach
- County
- Brevard
- State
- Florida
- Longitude
- -80.5078
- Latitude
- 27.9657
