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5925 S Hwy A1a A # A Melbourne Beach, FL $ 4,500,000
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$ 4,500,000 Get more info
5925 S Hwy A1a A # A
$ 4,500,000
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5925 S Hwy A1a A # A

Melbourne Beach, FL, 32951
$ 4,500,000
Bedrooms8 Baths8.0 Sq 6,857

Monthly Estimate*

$ 28,074

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Multi-Family Home for sale in Melbourne Beach, FL

for $4,500,000 with 8 bedrooms and 8 full baths. This 6,857 square foot home was built in 1958 on a lot size of 1.53.

$500,000 Price Improvement - Exceptional Oceanfront Development Opportunity Incredible 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.

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Multi-Family Active

Price

$ 4,500,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 17,499

Style

Multi Family

Lot Size

1.53

Year Built

1958

Town/City

Melbourne Beach

County/Region

Brevard

MLS | Web ID

1010359
Features
General
Living Area 6857.0
Sewer Septic Tank
Heating Electric Varies by Unit Other
Cooling Central Air Electric Wall/Window Unit(s)
Utilities Cable Available
Possession Close Of Escrow
Roof Metal Other
Appliances Dryer Electric Oven Microwave Refrigerator Washer Washer/Dryer Stacked Water Softener Owned
Garage Spaces 2.0
Construction Materials Block Concrete
Year Built 1958
View Beach Water
Unit Number A
Property Subtype Multi Family
Tax Year 2023
Current Use Commercial Hotel/Motel Office
Additional Parcels Description 2954024
County Brevard
New Construction N
Property Type Residential Income
Association Amenities Management - Off Site Management - On Site
HOA N
Attached Garage N
Subdivision Name Melbourne Shores 1st Addn
Facing Direction East
Garage Y/N Y
Full Baths 8
Status Active
Directions From Rt. 192 turn right on A1A to the Town of Melbourne Beach ( Ocean Avenue ) turn left and head south of A1A for 7 miles to 5925 A. Highway A1A. Melbourne Shores.
High School Melbourne
City Melbourne Beach
Senior Community Y/N N
Zoning Description Commercial/Residential/Office
Number Of Units Total 10
MLS Area 385 - South Beaches
Lot Size Units Acres
Lot Size Square Feet 66646.8
Carport Y/N N
Elementary School Gemini
Tax Annual Amount 17499.1
Home Warranty Y/N N
Middle/Junior High School Hoover
Lease Renewal Y/N N
MLS Area Minor 385 - South Beaches
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1010359
Standard Status Active
Legal Description MELBOURNE SHORES 1ST ADDN LOTS 15 16 BLK 4 ALSO LOTS 15A 16A BLK 4 OF MELBOURNE SHORES SECOND ADDN PER PLAT BOOK 11 PG
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Interior
Flooring Tile
Furnished Y/N Partially
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Laundry Features Common Area
Total Bedrooms 8
Total Baths 8
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Exterior
Parking Features Additional Parking Garage RV Access/Parking Shared Driveway
Water Source Shared Well Well
Total Parking 38.0
Lot Size Area 1.53
Number of Buildings 2
Spa N
Lot Size Acres 1.53
Road Surface Type Asphalt Paved
Waterfront Y/N N
Road Frontage Type Highway
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5925
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* Excluded Features
List By
Salt Water Realty Of Brevard

Broker

mjdeangelo12@gmail.com

Email

Affordability Calculator

$29,532
Per Month
95%
5%
0%
Monthly Principal & Interest
$28,074
Monthly Property Taxes
$1,458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1363012 Elementary School
1363002 Middle School
Melbourne High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/31/2025$4,500,000 -4.76% Price Down
7/11/2025$4,725,000 -0.53% Price Down
4/15/2025$4,750,000 -8.65% Price Down
12/5/2024$5,200,000 -1.89% Price Down
11/9/2024$5,300,000 -2.75% Price Down
9/17/2024$5,450,000 -3.52% Price Down
6/17/2024$5,649,000 -2.59% Price Down
4/9/2024$5,799,000 Listed Price

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5925 S Hwy A1a A # A, Melbourne Beach, FL, 32951 is a Multi-Family Home for sale at $4,500,000 with 6,857 sqft and a lot size of 1.53. 5925 S Hwy A1a A # A has 8 bedrooms, 8.0 baths, and was built in 1958. The property's zip code is 32951 which is in Melbourne Beach, FL

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