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

  • MLS# 829090
  • Style Condominium
  • Sub-Type Resale
  • Status Active
  • Year 1979
  • Days On Site 170
Bed(s) 2
Bath(s) 2 Full
SQ Feet 1,550
Story(s) 2 Story
Acreage 0.70
Water Front Yes
Property View Yes
Listing Provided By:
Michael D Grayson  of  Grand Star Realty of Brevard
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this listing $849,900
78.93%
$475,000 in 32951
this listing 1,550 SqFt
45.23%
2,830 SqFt in 32951
this listing $548 $/SqFt
226.68%
$168 $/SqFt in 32951
this listing 170 on site
91.01%
89 on site in 32951

Location

State FL
County Brevard
City Melbourne Beach
Zip Code 32951
Area 385 - South Beaches

Area Schools

Elementary School Gemini
Middle School Hoover
High School Melbourne

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