5925 S Hwy A1a, Melbourne Beach, FL 32951

About Property

$500,000 Price Improvement - Exceptional Oceanfront Development OpportunityIncredible opportunity to acquire 1.53 acres of direct oceanfront commercial property at a significantly reduced price. This is one of the most valuable and versatile parcels available on the coast.Zoned commercial with daily rental allowed, the property is ideal for a wide range of high-impact uses. Build a boutique resort, a luxury short-term rental compound, an oceanfront wedding and event venue, or a signature restaurant with unmatched views. The zoning supports retail, hospitality, and mixed-use concepts, making it a truly flexible asset.The land offers direct beach access and sweeping ocean views. Its size, zoning, and location make it nearly impossible to replicate in today's market.With a $500,000 price improvement, this is a serious value-add opportunity for developers, hospitality groups, or investors looking for a 1031 exchange or long-term hold.

Essential Property Information

• Year Built: 1958
• Price: $4,750,000
• Property Type: Multifamily
• Area: 6,857 sqft.
• Country: USA
• City: Melbourne Beach