$1,500,000 8975 S Highway A1a Melbourne Beach, FL

MLS: 871072   Type: Single Family   County: Brevard   City: Melbourne Beach   Area: South Beaches   Zip: 32951   Style: 2 Story     Stories: 2   Taxes: $10,743

Mortgage $7,042 /mo



Half Baths

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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 acreoceanfront for your future mansion. Easy beach access by dune wood walkway with handrail.Current tenants would love to stay longer in this beachfront paradise andhave year leases. 3 separate electrical meters recently upgraded. RU24zoning is rare to find in the south beaches and allows weekly rentals ifowner desires. New carpet and paint. Great ocean views from both levels.The upstairs den can easily be converted back to a 3rd bedroom

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High School

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Price History

3/16/2020 Listed $1,550,000
6/8/2020 4% - $1,500,000

Area 385 - South Beaches
Common Amenities Bike Trail, Ocean Access
Construction Concrete Block
Exterior Features Balcony - Unscreened, Courtyard, Storage/Shed, Well - Private, Workshop
Financing-owner Will Consider Cash, Conventional
Fixer Upper No
Half Baths 0
Interior Features Breakfast Nook, Window Treatments
Legal/misc: 55+ Community No
Legal/misc: Gated Community No
Legal/misc: Home Warranty No
Legal/misc: Homestead No
Lot Sqft 45590.00
Parking 4+ Car Dtchd Garage, RV/Boat Space
Property Status Standard
Rental Restrictions 1 Week Minimum
Res Sub-type Single Family Detached
Roof Tile
Showing Appointment Required, Pets on Property, Tenant Occupied
Status Active
Style 2 Story
Subdivision None
Water Heater Electric
Year Built 1973

Interior Features

Bonus Room No
Equipment/appliances Dishwasher, Dryer, Garage Door Opener, Microwave-Built-in, Range - Electric, Refrigerator, Washer
Fireplace No
Flooring Carpet, Tile
Full Baths 4
Furnished Y/N None
Master Bedroom/Bath Tub/Shower
Rooms Great Room
Split Bedroom No
SqFt - Living 2696.00
Utilities Cable Available, Electricity Connected, Well Water

Exterior Features

Acreage 1.05
Community Pool No
Dwelling View View - East, View - West
Exterior Finish Painted, Stucco
Front Door Faces N
Lot Description County, Private Road, Sidewalks
Pool - Private or Community No
Private Pool No
Waterfront Yes
Waterfront Type Ocean
Waterfront View Yes

Property Schools

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Gallery (22 photos)

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Property vs Zip Code Avg (32951)

Price 1.50M Avg 1.02M

Sqr Feet 2,696 Avg 2,708

Cost / Sqr Ft $556 Avg $379

Taxes $10,743 Avg $6,866

Acres 1.05 Avg 0.42

Visits 3 Avg 110

Days on Site 191 Avg 182

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Listing Provided Courtesy Of: Premier Properties Real Estate

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Location & Address

RE/MAX Elite
6022 Farcenda Place, Suite 101
Melbourne, Florida