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$4,000,000
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Property Description
UNDER CONTRACT ACCEPTING BACKUP OFFERS ** 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.
Full Property Details
Full Property Details for 5925 S Hwy A1A #A
General
- Sold For: $4,000,000
- Taxes: $17,499 (2023)
- Status: Closed
- Type: Multi-Family
- Source: BrevardCounty
- MLS ID: 1010359
- Added to Site: 922 day(s) ago
Interior
- Appliances: Dryer, Electric Oven, Microwave, Refrigerator, Washer, Washer/Dryer Stacked, Water Softener Owned
- Furnishings: Partially
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Management - Off Site, Management - On Site
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 38
- Parking Features: Additional Parking, Garage, RV Access/Parking, Shared Driveway
Location
- Area: 385 - South Beaches
- County: Brevard
- Subdivision: Melbourne Shores 1st Addn
- Driving 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.
- Direction Faces: East
School Information
- Elementary School: Gemini
- Middle School: Hoover
- High School: Melbourne
Community
- Community Features: Management - Off Site, Management - On Site
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Wall/Window Unit(s)
- Heating Type: Electric, Varies by Unit, Other
Utilities
- Sewer: Septic Tank
- Water: Shared Well, Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Concrete
- Roof: Metal, Other
- Stories/Levels: 2
- Square Feet: 6,857
- Living Area: 6,857 Sq. Ft.
- Current Bldg. Use: Commercial, Hotel/Motel, Office
- Year Built: 1958
Unit Information
- Units in Building: 10
Lot Features
- Property View: Beach, Water
- Lot Size (Acres): 1.53
- Lot Size (Sq. Ft.): 66,646.8
- Frontage: Highway
- Street/Road Desc.: Asphalt, Paved
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $648.1
- Tax Amount: $17,499.1
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Owner Licensed RE
- Property ID: 29-38-14-Gz-00004.0-0015.00
Listed by Salt Water Realty of Brevard
Sold by Salt Water Realty of Brevard
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Schools
Schools serving 5925 S Hwy A1A #A
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Gemini Elementary School 2100 Oak Street, Melbourne Beach, FL 32951 | K-6 | 7 mi |
Herbert C. Hoover Middle School 2000 Hawk Haven Drive, Indialantic, FL 32903 | 7-8 | 10.4 mi |
Melbourne Senior High School 74 Bulldog Boulevard, Melbourne, FL 32901 | 9-12 | 11.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5925 S Hwy A1A #A
Date
Details
Price
Change
Source
6/01/2026
Sold
$4,000,000
-9.99%
MLS
2/09/2026
Price Reduced
$4,444,000
-1.24%
MLS
10/30/2025
Price Reduced
$4,500,000
-5.26%
MLS
8/03/2025
Price Increased
$4,750,000
0.53%
MLS
7/11/2025
Price Reduced
$4,725,000
-0.53%
MLS
4/15/2025
Price Reduced
$4,750,000
-9.52%
MLS
12/12/2024
Price Increased
$5,250,000
0.96%
MLS
12/05/2024
Price Reduced
$5,200,000
-1.89%
MLS
11/09/2024
Price Reduced
$5,300,000
-2.75%
MLS
9/17/2024
Price Reduced
$5,450,000
-3.52%
MLS
6/17/2024
Price Reduced
$5,649,000
-2.59%
MLS
1/04/2024
Listed
$5,799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5925 S Hwy A1A #A, Melbourne Beach, FL 32951 (MLS# 1010359) is a Multi-Family property that was sold at $4,000,000 on June 01, 2026. Want to learn more about 5925 S Hwy A1A #A? Do you have questions about finding other Multi-Family real estate for sale in Melbourne Beach? You can browse all Melbourne Beach real estate or contact a Coldwell Banker agent to request more information.

