6970 Florida A1A Melbourne Beach, FL 32951
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.