3455 S Hwy A1a
Melbourne Beach, FL 32951

$2,567,000

Description

Unique Opportunity to own a boutique condo/motel in desirable Melbourne Beach. This is a 16 unit motel with varying sized suites from 314 sq. ft. to 816 sq ft. 146 ft. of direct prime ocean frontage. Sandy Shoes can be converted to individual condos. All units are furnished with fully-equipped kitchens and have been updated over the recent years. Large Beachfront Pool, on-site management. Preservation land to the south. Sandy Shoes is centrally located in Melbourne Beach, just a short distance to Publix. Roof South side - 2013, Roof North side - 2008, Updated Electric Panels - 2017, City Water/Sewer connected in 2017, Upgraded Pool Electric - 2017, Hot Water Heater - 2017, Pool Pump 2017, 9 New A/C's in 2018. Mortgage is assumable.

Details

MLS#796953
StyleIndustrial
Sub-TypeResale
StatusActive
Year1958
Days On Site539

Features

SQ Feet9,610
Story(s)1
Units16
ZoningCommercial

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Area Information

StateFL
CountyBrevard
CityMelbourne Beach
Zip Code32951
Area385 - South Beaches
Listing VS Median (in 32951)
Price:
$2,567,000
low | high
Med:
$467,450
100% of Average
SqFt:
9,610
low | high
Med:
2,256
100% of Average
$ / SqFt:
$267
low | high
Med:
$211
71.187315305736% of Average
On Site:
539
low | high
Med:
42.5
100% of Average
Listing Updated: 04/21/2019
MLS Number: 796953
Listing Provided By:
Henry M Saunders  of  Treasure Coast Sothebys Intl

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