$4,500,000
Melbourne Beach, FL 32951
MLS# 1001205
12 baths
1 / 38
Property Description
**Seller financing available for qualified buyers with a full price offer. ** A great investment opportunity in Melbourne Beach, Florida. 1.53 Acres of Oceanfront Property with over 150 Ft. of direct ocean frontage. Properties this size directly on the Atlantic Ocean are very rare. Currently a Nine unit apartment/motel with a full service turnkey restaurant. 4 efficiency units, two studios with two 1 bedroom and one 2 bedroom apartments. This would make an incredible resort or wedding destination with full catering available on site. Pool can be added. Seven miles north of the world famous Sebastian Inlet State Park and seven miles to downtown Melbourne Beach, Can be used as short term or long term rentals. So much potential it must be seen to imagine the endless possibilities.
Details
Maps
Documents
Contract Information
Start Showing Date: 2024-01-08
Current Price: $4,500,000
Original List Price: 5995000
List Price: $4,500,000
Status: Active
Listing Contract Date: 2024-01-04
Property Sub Type: Hotel/Motel
Location, Tax, and Legal
Unit Number: 0
Tax Account: 2954024
Parcel Number: 29-38-14-Gz-00004.0-0015.00
General County Location: South
Tax Annual Amount: 18374.7
Tax Year: 2023
Tax 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
Additional Parcels Description: 5925 and 5935 S. Highway A1A, Melbourne Beach, Florida 32951
Zoning Description: Commercial/Residential/Office
Directions: From 192 turn right on A1A. To the The Town of Melbourne Beach ( Ocean Avenue) turn left and head south on A1A for 7 miles to 5925 S. Highway A1A.
Melbourne Shores.
General Property Information
Number Of Units Total: 10
Stories Total: 2
Building Area Total: 6857
Building Area Source: Plans
Accessibility Features YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Atlantic Ocean
Water Frontage Feet: 150
Senior Community YN: No
List Price/SqFt: 656.26
Bathrooms Total: 12
Year Built: 1958
Remarks and Miscellaneous
Public Remarks: **Seller financing available for qualified buyers with a full price offer. **
A great investment opportunity in Melbourne Beach, Florida. 1.53 Acres of Oceanfront Property with over 150 Ft. of direct ocean frontage. Properties this size directly
on the Atlantic Ocean are very rare. Currently a Nine unit apartment/motel with a full service turnkey restaurant. 4 efficiency units, two studios with two 1 bedroom and one 2 bedroom apartments. This would make an incredible resort or wedding destination with full catering available on site. Pool can be added. Seven miles north of the world famous Sebastian Inlet State Park and seven miles to downtown Melbourne Beach, Can be used as short term or long term rentals. So much potential it must be seen to imagine the endless possibilities.
Construction Materials
Other: 1
Cooling
Central Air: 1
Central Building: 1
Wall/Window Unit(s): 1
Lot Features
Other: 1
Parking Features
Additional Parking: 1
Garage: 1
RV Access/Parking: 1
Shared Driveway: 1
Sewer
Septic Tank: 1
Unit 1 Details
Unit ID: 1
Annual Rent: 19200
Unit SqFt: 310
# Units (This Type): 1
Baths Total: 1
Furnished: Partially
Unit Remarks: Next to Restaurant and Laundry
Unit 2 Details
Unit ID: 2
Annual Rent: 19200
Unit SqFt: 322
# Units (This Type): 1
Baths Total: 9
Furnished: Partially
Unit Remarks: Next to Laundry
Unit 3 Details
Unit ID: 3
Annual Rent: 24000
Unit SqFt: 472
# Units (This Type): 1
Baths Total: 1
Furnished: Partially
Unit Remarks: Studio
Unit 4 Details
Unit ID: 4
Annual Rent: 19200
Unit SqFt: 321
# Units (This Type): 1
Baths Total: 1
Furnished: Partially
Unit Remarks: Efficiency
Unit 5 Details
Unit ID: 5
Annual Rent: 19200
Unit SqFt: 327
# Units (This Type): 1
Baths Total: 1
Furnished: Partially
Unit Remarks: Efficiency
Unit 6 Details
Unit ID: 6
Annual Rent: 24000
Unit SqFt: 444
# Units (This Type): 1
Baths Total: 1
Furnished: Partially
Unit Remarks: Oceanfront Studio
Unit 7 Details
Unit ID: 7
Annual Rent: 21600
Unit SqFt: 645
# Units (This Type): 1
Baths Total: 1
Furnished: Partially
Unit Remarks: 1 Bedroom 2nd floor above office and garage Bldg 2
Unit 8 Details
Unit ID: 8
Annual Rent: 21600
Unit SqFt: 645
# Units (This Type): 1
Baths Total: 1
Furnished: Partially
Unit Remarks: 1 Bedroom 2nd floor above office and garage Bldg 2
Water Source
Private: 1
Well: 1
Waterfront Features
Ocean Access: 1
Ocean Front: 1
Building Features
Kitchen Facilities: 1
Laundry: 1
Lounge: 1
Office: 1
Overhead Doors: 1
# Overhead Doors: 1
Private Restroom: 1
Reception Area: 1
Restaurant: 1
Separate Office Area: 1
Storage: 1
Sale Includes
Building & Land: 1
Business with Real Estate: 1
Location Tax and Legal
Street Number: 5935
Street Direction Prefix: S
Street Name: Hwy A1a
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 385 - South Beaches
Subdivision Name: Melbourne Shores 1st Addn
Status Change Information
Major Change Timestamp: 2025-12-16T02:54:50Z
Major Change Type: Status Change
Price Change Timestamp: 2025-12-16T02:54:02Z
Status Change Timestamp: 2025-12-15
Property Features
Building Features: Kitchen Facilities; Laundry; Lounge; Office; Overhead Doors; Private Restroom; Reception Area; Restaurant; Separate Office Area; Storage
Construction Materials: Other
Cooling: Central Air; Central Building; Wall/Window Unit(s)
Lot Features: Other
Parking Features: Additional Parking; Garage; RV Access/Parking; Shared Driveway
Sale Includes: Building & Land; Business with Real Estate
Sewer: Septic Tank
Water Source: Private; Well
Waterfront Features: Ocean Access; Ocean Front
Survey 
Listing Office: Salt Water Realty of Brevard
Last Updated: December - 16 - 2025
Information is deemed to be reliable, but is not guaranteed.