8975 S Highway A1a

Melbourne Beach, FL 32951

About this property

OCEANFRONT investment opportunity of rare south Melbourne Beach estate that boasts 113 feet on ocean by 456 depth! Great income potential of existing 2 story duplex built solid of concrete block & has separate 4 car garage of 970 sf w/ office area. The compound 'Spanish Eyes' is an excellent opportunity to purchase your pristine 1.05 acreoceanfront for your future mansion. Easy beach access by dune wood walkway with handrail.Current tenants would love to stay longer in this beachfront paradise andhave year leases. 3 separate electrical meters recently upgraded. RU24zoning is rare to find in the south beaches and allows weekly rentals ifowner desires. New carpet and paint. Great ocean views from both levels.The upstairs den can easily be converted back to a 3rd bedroom

Date Added
March 16, 2020
Listing Status
Active
Days On Site
220
MLS#
871072

Features and Additional Information

Lot Size
45,738 SqFt
Acreage
1.05
Property Type
Residential
Style
House
Sub-Type
Resale
Year
1973
Garage
4
Pool
No
Story(s)
2 Story
Property View
Yes
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$1,500,000 Active
5 Beds
4
Baths
2,696 SQFT

Presented By Coldwell Banker Coast Realty - Port Orange

Port Orange

Agent Image
Get in touch today! Phone: (386) 275-1000
Brokerage
Port Orange
(386) 275-1000
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Area Information

385 - South Beaches | Brevard County | None

$ 1,500,000
This listing is play_arrow 183.6% higher than the average in the area
$ 529,000 in the area
2,696 SqFt
This listing is play_arrow 18.9% larger than the average in the area
2,268 SqFt in the area
$ 556 $/SqFt
This listing is play_arrow 134.7% more than the average in the area
$ 237 $/SqFt in the area
220 days on site
This listing is play_arrow 0.7% below the average in the area
222 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
    Gemini
  • turned_in
    Middle School
    Hoover
  • turned_in
    High School
    Melbourne

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Coast

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