$2,690,000
Melbourne Beach, FL 32951
MLS# 1011680
6 beds | 5 baths
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Property Description
This exceptional property offers the perfect blend of coastal living and lucrative rental income potential. Wake up to the soothing sounds of the waves and breathe in the salty sea breeze right from your doorstep. Located just a short drive from shopping, dining, fishing, and surfing, this prime location ensures you have easy access to all the amenities you desire. Currently operating as short-term rentals, these units present significant income-generating opportunities. This is your chance to own a slice of paradise, indulge in beachfront living, and secure a promising investment all in one. Opportunities like this are rare, so don't miss out. Act now and make oceanfront dreams a reality!
Details
Maps
Documents
Contract Information
Current Price: $2,690,000
Original List Price: 2790000
List Price: $2,690,000
Status: Active
Listing Contract Date: 2024-04-22
Property Sub Type: Single Family Residence
Accessory Dwelling Unit Y/N: No
Comp Sale YN: No
Location, Tax, and Legal
Street Number: 5255
Street Direction Prefix: S
Street Name: Hwy A1a
Tax Account: 2953546
Parcel Number: 29-38-10-Gx-00009.0-0004.00
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 385 - South Beaches
General County Location: South
Subdivision Name: New Melbourne Beach
Elementary School: Gemini
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 9861.77
Tax Year: 2023
Tax Legal Description: NEW MELBOURNE BEACH LOT 4 BLK 9
Directions: A1A south of the Driftwood (Publix) Plaza approx 3 miles to 5255 on the ocean.
General Property Information
Bedrooms Total: 6
Bathrooms Total: 5
Bathrooms Full: 5
Living Area: 3416
Living Area Source: Public Records
Accessibility Features YN: No
New Construction YN: No
Year Built: 1974
Garage YN: No
Carport YN: No
Lot Size Acres: 0.29
Lot Size Square Feet: 12632
Land Lease YN: No
Association YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Waterfront YN: Yes
Water Body Name: Atlantic Ocean
Furnished: Partially
Stories: 3
Direction Faces: North
Senior Community YN: No
List Price/SqFt: 787.47
Remarks and Miscellaneous
Public Remarks: This exceptional property offers the perfect blend of coastal living and lucrative rental income potential. Wake up to the soothing sounds of the waves and breathe in the salty sea breeze right from your doorstep. Located just a short drive from shopping, dining, fishing, and surfing, this prime location ensures you have easy access to all the amenities you desire. Currently operating as short-term rentals, these units present significant income-generating opportunities. This is your chance to own a slice of paradise, indulge in beachfront living, and secure a promising investment all in one. Opportunities like this are rare, so don't miss out. Act now and make oceanfront dreams a reality!
Status Change Information
Major Change Timestamp: 2024-05-17T03:13:23Z
Major Change Type: Price Reduced
Price Change Timestamp: 2024-05-17T03:13:22Z
Status Change Timestamp: 2024-04-22
Closing Company Details
Closing Company Name: State Title Partners, Sonia Ackley, sonia@statetitlepartners.net,321.985.5606
Closing Company Address: 300 W Fee Ave. Melbourne FL 32901
DPR Eligible
DPR Eligible: No
Legal Details
Permission Granted to Advertise: Yes
Property Features
Appliances: Dishwasher; Electric Range; Microwave; Refrigerator; Wine Cooler
Architectural Style: Traditional
Construction Materials: Block; Frame; Stucco
Cooling: Central Air; Electric
Current Use: Multi-Family; Residential; Single Family
Exterior Features: Balcony; Outdoor Shower; Storm Shutters
Flooring: Tile
Heating: Central; Electric
Interior Features: Ceiling Fan(s); Guest Suite; In-Law Floorplan; Open Floorplan; Primary Bathroom - Shower No Tub; Primary Downstairs; Split Bedrooms; Wet Bar
Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup
Levels: Multi/Split; Three Or More
Listing Terms: Cash; Conventional
Lot Features: Few Trees
Other Structures: Shed(s)
Parking Features: Circular Driveway
Patio And Porch Features: Deck; Front Porch
Pets Allowed: Yes
Pool Features: None
Possession: Close Of Escrow
Property Condition: Updated/Remodeled
Rental Restrictions: 3 Days
Road Frontage Type: County Road; Highway
Road Surface Type: Paved
Roof: Shingle
Sewer: Septic Tank
Showing Requirements: Appointment Only; Showing Service
Special Listing Conditions: Standard
Utilities: Cable Available; Cable Connected; Electricity Connected; Water Connected
View: Beach; Ocean
Water Source: Well
Waterfront Features: Ocean Access; Ocean Front
Showing Considerations: Occupied
Sellers Disclosure 
Listing Office: One Sotheby's International
Last Updated: May - 17 - 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.