6830 Hwy A1A Hwy Melbourne Beach, FL 32951
This exceptional 13,068 square foot commercial lot is situated at 6830 Highway A1A in the desirable South Beach area of Melbourne Beach, Florida (zip code 32951). The property boasts a generous 175 x 75 foot dimension, offering significant flexibility for development. Its prime location provides unparalleled access to the ocean, with public water readily available on-site. The property is part of the Floridana community, which offers three ocean accesses and an oceanfront clubhouse with a low annual fee. Enjoy the convenience of a nearby bike path and the proximity to the shoreline, just steps across A1A. Highway A1A in this south Melbourne Beach location is only 30 feet wide, minimizing traffic noise. The absence of traffic lights for miles in either direction ensures smooth commutes. Recreational opportunities abound, with Sebastian Inlet State Park, open 24/7, located just six miles south. Local amenities include the Driftwood Plaza shopping center, conveniently located just north on A1A. This remarkable property presents a unique investment opportunity, offering significant value compared to similar properties in other parts of South Florida. The asking price for this exceptional commercial land is $325,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.