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Property profile & analytics
OFF-MARKET Estimated value $800,000
Office buildings

5920 Hwy A1a Melbourne Beach, FL 32951-3768

6,401 SF 0.4 ac lot Built 1996
Entity Owned 9-yr Hold Free & Clear
Property ID
US18-2841397
Property summary
AI-generated overview

This exceptional retail space, located at 5920 S Highway A1a in Melbourne Beach, Florida (zip code 32951), offers a unique opportunity for a single tenant. Situated on a 0.4-acre lot (APN: 29-38-14-Ha-00009.0-0065.00), the property boasts a generous layout featuring a large great room with high ceilings and abundant natural light from numerous windows. The space also includes two private offices, an additional open office area, two restrooms, and a convenient kitchen area. Accessibility is ensured by both an elevator and a staircase, leading to this second-floor unit. The property's unique setting in Melbourne Beach provides a highly desirable location for a variety of retail businesses. The property is classified as Retail, with a single tenancy. The security deposit is $1800. This is a rare opportunity to secure a substantial and well-appointed retail space in a prime beachfront location. The property's size and amenities make it ideal for a business seeking a prominent and attractive presence in the vibrant Melbourne Beach market. The ample space and versatile layout offer significant potential for customization and adaptation to suit a wide range of retail operations.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,401 SF
Lot 0.4 ac (17,424 SF)
Zoning code BU1A
APN 29-38-14-HA-00009.0-0065.00
UPID US18-2841397
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$897k
Blend (final) Blend
$800k
Owner & transaction history
5920 A1a LLC · 9 yrs held
5920 A1a LLC
since 2016
3 recorded transactions
2016
$325,000
2007
Price N/A
1969
Price N/A
Zoning & alternative use
BU1A · Melbourne Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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