MLS® ID: 871072
8975 S Highway A1a
Melbourne Beach, Florida, 32951 $1,550,000
OCEANFRONT investment opportunity of rare south Melbourne Beach estate that boasts 113 feet on ocean by 456 depth! Great income potential of existing 2 story duplex built solid of concrete block & has separate 4 car garage of 970 sf w/ office area. The compound 'Spanish Eyes' is an excellent opportunity to purchase your pristine 1.05 acre
oceanfront for your future mansion. Easy beach access by dune wood walkway with handrail.
Current tenants would love to stay longer in this beachfront paradise and
have year leases. 3 separate electrical meters recently upgraded. RU24
zoning is rare to find in the south beaches and allows weekly rentals if
owner desires. New carpet and paint. Great ocean views from both levels.
The upstairs den can easily be converted back to a 3rd bedroom