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$4,000,000
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Property Description
UNDER CONTRACT ACCEPTING BACKUP OFFERS** 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.
Full Property Details
Full Property Details for 5935 S Hwy A1A
General
- Sold For: $4,000,000
- Taxes: $18,374 (2023)
- Status: Closed
- Type: Commercial
- Source: BrevardCounty
- MLS ID: 1001205
- Added to Site: 881 day(s) ago
Rental Information
- Complex Features: Storage, Kitchen Facilities, Laundry, Lounge, Office, Overhead Doors, Private Restroom, Reception Area, Restaurant, Separate Office Area
Rooms
Bathrooms
- Total Bathrooms: 12
Parking
- 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 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.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s), Central Building
Utilities
- Sewer: Septic Tank
- Water: Private, Well
- Well: Yes
Structural Information
- Exterior Const.: Other
- Stories/Levels: 2
- Square Feet: 6,857
- Sq. Ft. Source: Plans
- Living Area: 6,857 Sq. Ft.
- Year Built: 1958
Unit Information
- Units in Building: 10
Lot Features
- Lot Features: Other
Water Features
- Water Front: Yes
- Water Front Name: Atlantic Ocean
Financial Considerations
- Price Per Sq. Ft.: $648.1
- Tax Amount: $18,374.7
- Tax Year: 2023
Disclosures and Reports
- 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 5935 S Hwy A1A
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 | 11.2 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 5935 S Hwy A1A
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
1/04/2024
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5935 S Hwy A1A, Melbourne Beach, FL 32951 (MLS# 1001205) is a Commercial property that was sold at $4,000,000 on June 01, 2026. Want to learn more about 5935 S Hwy A1A? Do you have questions about finding other Commercial 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.

