5765 Highway A1A Melbourne Beach, FL 32951
This exceptional .83-acre oceanfront property in Melbourne Beach, Florida, presents a unique opportunity to build a dream home. Located at 5765 S Highway A1A, this 36,155 square foot lot boasts 103 feet of direct ocean frontage and a depth of 463 feet. Situated amongst multi-million dollar homes, the property offers unparalleled privacy and breathtaking views of the Atlantic Ocean. Imagine waking up to stunning sunrises, feeling the sea breeze, and enjoying the sounds of the waves crashing on the shore. The location provides easy access to a variety of recreational activities, including surfing, paddleboarding, kayaking, and fishing, all right in your backyard. Nearby attractions include Sebastian Inlet, Downtown Melbourne Beach, and the Aquarina Golf Club. The property's prime location and expansive size offer endless possibilities for creating a luxurious beachfront estate. The lot is zoned for both commercial and residential use, providing flexibility for future development. This is a rare opportunity to own a piece of paradise in one of Florida's most desirable coastal communities. The asking price is $2,950,000. The property is located in Brevard County, Florida, zip code 32951.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.