5660 Highway A1A Melbourne Beach, FL 32951
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 5660 Highway A1A
- Property type
- Commercial real estate
Description
Prime 1.29-acre lot (56,192 sq ft) in Melbourne Beach, Florida, presents a unique opportunity for development. Located at 5660 S Hwy A1a, this cleared, high-and-dry property offers flexibility for custom home construction or utilizing a pre-designed plan. The pre-designed option features a luxurious 5-bedroom, 6-bathroom, 4,043 sq ft, two-story home with an eat-in kitchen, open living area, walk-in wine cellar, bar, BBQ deck, and resort-style pool. Its exceptional location is just one block from the beach, minutes from Indialantic's 5th Avenue, and 9 miles from Sebastian Inlet. This represents a significant value proposition, considering smaller, comparable lots are selling for over $600,000. The asking price for this expansive property is $1,800,000. This is a rare chance to build your dream home in a highly desirable coastal location. The property is zoned for both commercial and residential use, providing diverse development possibilities. The address is 5660 S Hwy A1a, Melbourne Beach, FL 32951.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melbourne Beach
- County
- Brevard
- State
- Florida
- Longitude
- -80.510459
- Latitude
- 27.969819
