00 Winona Rd Melbourne Beach, FL 32951
This exceptional 11,761.2 square foot commercial lot presents a unique investment opportunity in the desirable Melbourne Beach, Florida, zip code 32951. Located in a coveted, quiet ocean-to-river neighborhood, this property boasts a spacious 110-foot wide lot, offering greater flexibility for development than many comparable properties in the area. The location provides unparalleled access to recreational activities, including world-class surfing and fishing, just four miles from the renowned Sebastian Inlet. Boaters will appreciate the convenient ocean access. Residents and visitors alike can enjoy the pristine beaches, marvel at rocket launches, and witness the beauty of nesting sea turtles. A voluntary Homeowners Association provides access to a picturesque riverfront park, a fishing pier, and private beach access. This property is ideal for those seeking a tranquil year-round residence or a lucrative investment in a highly sought-after coastal community. The property is situated at 00 Winona Road, Melbourne Beach, Brevard County, Florida. The asking price for this remarkable parcel is $314,900.
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
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