2951 S Highway A1a, Melbourne Beach, FL 32951

$750,000
2
BD
2
BA
1,775
SqFt

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List Price
$750,000
MLS#
1081282
Bedrooms
2
Bathrooms
2
Sq. Ft
1,775
Lot Size
5,663
Subtype
Condominium
County
Brevard
Subdivision
Opus 21 Townhouse Condo
Year Built
1978

Property Description

Proven oceanfront short-term rental generating nearly $88k in annual gross income & approx $51k in net revenue (before mortgage)-a rare opportunity on the Space Coast where legal vacation rentals are exceptionally limited. This unique 4-level, 2-bed, 2-bath condo offers direct beach access & breathtaking Atlantic views. A private first-floor bedroom opens to an oceanfront patio, creating the ideal guest retreat. The 2nd level features a bright kitchen w/ SS appliances, white cabinetry, dining area, built-in workstation & west-facing balcony. The dramatic 3rd-floor living room showcases soaring vaulted wood-plank ceilings, exposed beams, rich wood flooring & a wall of glass framing endless ocean views + an oceanfront balcony. The loft-style primary suite occupies the top floor w/ an ensuite bath. Multiple balconies, abundant natural light & an unforgettable oceanfront setting have made this an established, income-producing vacation rental as well as a remarkable personal coastal retreat

Additional Information

Pets Allowed
Yes
Construction
Concrete
Cooling
Central Air, Electric
Furnished
Furnished
Heating
Central, Electric
Lot Description
Few Trees
Parking
Attached, Garage, Garage Door Opener
Utilities
Cable Available, Electricity Connected, Sewer Available, Water Available
View
Ocean, Water
Waterfront
Yes
Stories
4
Acres
0.13
Price Per Sqft
$422

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Calculator source: Real Geeks

Listing courtesy of Compass Florida, LLC. Contact: