$2,000,000
Melbourne Beach, FL 32951
MLS# 1004964
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Property Description
Create your own Oceanfront retreat on this magnificent property. This lot has been approved for two modern three story units each with their own roof top deck that will have 360 degree views of the ocean and intra-coastal waterway. Both 2,100sf private units feature elevators, soaring ceilings, impact glass and two car garages. All engineering and exterior plans are complete so buyer can pick finishes and apply for permitting. The property is zoned RU-2-4 which allows AIRBNB & VRBO for great income potential as well. Conveniently located just 2.5 miles south of Ocean Avenue.
Details
Maps
Contract Information
Current Price: $2,000,000
Original List Price: 2000000
List Price: $2,000,000
Status: Active
Listing Contract Date: 2024-02-12
Property Sub Type: Unimproved Land
Comp Sale YN: No
Location, Tax, and Legal
Street Number: 3065
Street Name: Highway A1a
Tax Account: 3026941
Parcel Number: 28-38-21-Gd-0000c.0-0001.01
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 385 - South Beaches
General County Location: South
Subdivision Name: Averill Farms Subd
Elementary School: Gemini
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 6208.28
Tax Year: 2022
Tax Legal Description: AVERILL FARMS SUBD PART OF LOT 1 BLK C & ALL VAC RD ON N ALL LYING E OF A1A AS DESC IN ORB 9374 PG 1286
Zoning Description: Residential
Directions: GO EASTBOUND ON US 192 FROM I-95 8.7 MILES TO STATE HIGHWAY A1A THEN TURN RIGHT. CONTINUE 4.4 MILES ON STATE HIGHWAY AIA SOUTHBOUND TO INTERSECTION OF A1A AND LA COSTA STREET. SUBJECT PROPERTY IS DIRECTLY ACROSS A1A FROM LA COSTA ST. ON THE LEFT.
General Property Information
Road Frontage Feet: 53
Lot Size Acres: 0.5
Lot Size Dimensions: 311' x 94'
Lot Dimensions Source: Estimated
Lot Size Square Feet: 21780
Association YN: No
Waterfront YN: Yes
Water Body Name: Atlantic Ocean
Water Frontage Feet: 94
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
List Price/Acre: 4000000
Remarks and Miscellaneous
Public Remarks: Create your own Oceanfront retreat on this magnificent property. This lot has been approved for two modern three story units each with their own roof top deck that will have 360 degree views of the ocean and intra-coastal waterway. Both 2,100sf private units feature elevators, soaring ceilings, impact glass and two car garages. All engineering and exterior plans are complete so buyer can pick finishes and apply for permitting. The property is zoned RU-2-4 which allows AIRBNB & VRBO for great income potential as well. Conveniently located just 2.5 miles south of Ocean Avenue.
Status Change Information
Major Change Timestamp: 2024-02-14T21:41:02Z
Major Change Type: New Listing
Status Change Timestamp: 2024-02-14
Property Features
Current Use: Investment; Multi-Family; Residential
Listing Terms: Cash; Conventional
Lot Features: Other
Pool Features: None
Possession: Close Of Escrow
Sewer: Public Sewer
Showing Requirements: Call Listing Agent
Special Listing Conditions: Standard
Utilities: Sewer Available; Water Available
Water Source: Public
Waterfront Features: Ocean Front
Listing Office: One Sotheby's International
Last Updated: February - 14 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of Space Coast MLS as well as Florida Realtors® MLS Advantage Participants and Particpants in the Coast2Coast datashare.