8565 S Highway A1a
Melbourne Beach, FL 32951

Description

OCEANFRONT MULTIFAMILY! Brevard County Property Appraiser considers this a DUPLEX. The REAL VALUE is in the .70 ACRE OCEANFRONT LAND/CURRENT ZONING. NO NEIGHBORS! Located between vacant government land guarantees ''quiet enjoyment''! There is a total of 235' of oceanfront and road front between the buildable lot on the north to the multimillion dollar home to the south. Almost 2.5 acres of privacy while only paying taxes on approximately 1/3 of that. The land west of A1A to the river is preserved for miles. This can be a very profitable INCOME PRODUCING PROPERTY- 1st floor ground unit/separate entrance to 2nd floor unit. Please confirm with County for potential to add a 3rd story unit and greatly increasing your INCOME. Multifamily oceanfront properties DON'T COME ALONG VERY OFTEN

Details

MLS#844197
Sub-TypeResale
StatusActive
Days On Site52

Features

SQ Feet1,550
Units2
Building(s)1
Water FrontYes

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Area Information

StateFL
CountyBrevard
CityMelbourne Beach
Zip Code32951
Area385 - South Beaches
Listing VS Median (in 32951)
Price:
$849,900
low | high
Med:
$439,950
98.235086480762% of Average
SqFt:
1,550
low | high
Med:
2,145
11.645161290323% of Average
$ / SqFt:
$548
low | high
Med:
$205
100% of Average
On Site:
52
low | high
Med:
114
45.614035087719% of Average
Listing Updated: 06/24/2019
MLS Number: 844197
Listing Provided By:
Michael D Grayson  of  Grand Star Realty of Brevard

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