5010 N Us Highway 1 Palm Shores, FL $ 985,000
5010 N Us Highway 1
$ 985,000
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5010 N Us Highway 1

Palm Shores, FL, 32940
$ 985,000
Bedrooms6 Baths3.0 Sq 2,336

Monthly Estimate*

$ 6,803

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Multi-Family Home for sale in Palm Shores, FL

for $985,000 with 6 bedrooms and 3 full baths. This 2,336 square foot home was built in 1951 on a lot size of 0.56.

Intracoastal Waterway multi-unit property with no HOA located on a large tropical private lot surrounded by water and trees with a creek running alongside the southern edge of the property. Ideally located on the mainland directly across Pineda Causeway from Patrick Space Force Base and beautiful beaches. Minutes from Suntree/Viera and convenient shopping and restaurants. Near USSSA Space Coast Complex which is great for short term bookings. Completely renovated and professionally decorated perfectly finished for short term stays. This tropical oasis comes with 3 independent residential units and a full RV hook up site with its own fireplace and seating area. On site community laundry facility, storage rooms, locked supply room, covered parking and plenty of open space to allow for boat/RV parking or future expansion for more RV sites or Tiny Homes. Endless possibilities with this one of a kind property that is available for the very first time!

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Multi-Family Active

Price

$ 985,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,994

Style

Multi Family

Lot Size

0.56

Year Built

1951

Town/City

Palm Shores

County/Region

Brevard

MLS | Web ID

1087727

Features
General
Living Area 2336
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric Multi Units Varies by Unit Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Water Available
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Disposal Dryer Electric Cooktop Electric Oven Electric Range Electric Water Heater Microwave Refrigerator Washer
Garage Spaces 1
Security Features Security Lights Smoke Detector(s)
Construction Materials Concrete Frame Stone Veneer Stucco Vinyl Siding
Year Built 1951
View River Trees/Woods Water Protected Preserve
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
Current Use Multi-Family Residential
Gross Income 75000
Additional Parcels Description 2609667
County Brevard
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Subdivision Name Honeybrook Plantation
Facing Direction East
Garage Y/N true
Other Structures Shed(s)
Full Baths 3
Status Active
Directions US 1 frontage with direct Intracoastal views about 1 mile South of Pineda Causeway (SR404)
High School Satellite
City Palm Shores
Senior Community Y/N false
Zoning Description Rezone Possible
Number Of Units Total 3
MLS Area 322 - NE Melbourne/Palm Shores
Lot Size Units Acres
Lot Size Square Feet 24393.6
Carport Spaces 4
Carport Y/N true
Elementary School Dr. W.J. Creel
Tax Annual Amount 4994.3
Middle/Junior High School DeLaura
MLS Area Minor 322 - NE Melbourne/Palm Shores
Virtual Tour https://www.virtualtourcafe.com/mls/10011415
Standard Status Active
Legal Description HONEYBROOK PLANTATION PART OF LOTS 11 12 AS DES IN DB 359 PG 339 EX ORB 4411 PG 3952 ORB 4566 PG 261 & RD R/W
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Interior
Flooring Carpet Tile
Furnished Y/N Partially
Total Fireplaces 1
Fireplace Features Wood Burning Other
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Common Area Electric Dryer Hookup Sink Washer Hookup
Total Bedrooms 6
Total Baths 3
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Exterior
Exterior Amenities Balcony Fire Pit
Fencing Block Chain Link
Parking Features Additional Parking Attached Carport Covered Detached Garage RV Access/Parking
Lot Features Cleared Drainage Canal Many Trees Wooded
Water Source Public
Total Parking 8
Lot Size Area 0.56
Number of Buildings 2
Building Area Total 2576
Lot Dimensions 325x75
Lot Size Acres 0.56
Road Surface Type Gravel
Road Frontage Type Highway
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* Excluded Features
List By
Real Broker Llc

Broker

rosa_fairman@yahoo.com

Email

Affordability Calculator

$7,219
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,803
Monthly Property Taxes
$416
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Elementary School
1363017 Middle School
Satellite High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$985,000 Listed Price

Map


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5010 N Us Highway 1, Palm Shores, FL, 32940 is a Multi-Family Home for sale at $985,000 with 2,336 sqft and a lot size of 0.56. 5010 N Us Highway 1 has 6 bedrooms, 3.0 baths, and was built in 1951. The property's zip code is 32940 which is in Palm Shores, FL