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5255 S Highway A1a, Melbourne Beach, FL 32951

$895,000
Multi Family MLS# 789009 ID: 46469191
$895,000 Get Rates

LOWEST PRICED OCEANFRONT HOME in sought after Melbourne Beach - Income producing Triplex. Main unit is 3 bedrooms - 2 baths and wonderful ocean views from living/dining/kitchen & master. The 2nd Unit is 2 bedrooms - 2 baths with awesome water views from the Living room & kitchen - also sunset views from kitchen & west balcony. 3rd Unit is 1 br/1bath has private fenced courtyard. Recent updates include all new exterior paint, soffit & facia, Accordian hurricane shutters. Roof 2012. Main area is used by owners as vacation / surf getaway. Live in one and rent the other two to cover expenses. One of the best surf breaks in Melbourne Beach - Entire property rent income should be more than $60,000 yearly returning a 5% cap rate. Possibly more if well managed for weekly rentals.

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Location Information near 5255 S Highway A1a
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Property Features for 5255 S Highway A1a
Status
Market Status
Available
Last Updated
January 16, 2018
Description
Property Type
Multi Family
Architecture
Waterfront
Year Built
1974
Stories
2.0
Approx. Lot Size
0.29 Acres
Sq. Feet
3,416

Appliances

  • Dishwasher
  • Microwave
  • Range/Oven: Range/Oven
  • Refrigerator
  • Washer/Dryer Inc.: Clothes Washer

Building Features

  • Cable/Satellite TV: Cable TV Available
  • Cooling System: Central Air Conditioning, Electric Cooling
  • Heating System: Central Heating, Electric Heat
  • Roof: Asphalt Shingle Roof
  • Stories: Two Story

Community Info

  • Home Owner Asso.: Community Water Access

Interior Features

  • Floors: Carpeting, Tile Flooring

Legal/Financial

  • Taxes: 7758.0000

Location

  • MLS Area: 385 - South Beaches

Lot Features

  • Sewer Utilities: Septic Sewer System
  • Water Utilities: Well Water
  • Waterfront: Ocean Front, Waterfront

Data Provided by Brevard County MLS

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More information about this $895,000 Multi Family at 5255 S Highway A1a

This $895,000 Multi Family at 5255 S Highway A1a in Melbourne Beach, FL is offered by Tracy Warren. This $895,000 Multi Family, located in the 32951 zip code, has the following property features: Floors, Waterfront, Washer/Dryer Inc., Taxes. This 5255 S Highway A1a Multi Family, located in Brevard County , is listed under MLS listing number 789009 and has a listing price of $895,000. You can find more MELBOURNE BEACH homes for sale here.