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
Status
ACTIVE
Type
Condo
County
Brevard
City
Melbourne Beach
Area
South Beaches
Subdivision
Opus 21 Townhouse Condo
Bedrooms
2
Bathrooms
2
Living Area
1,775
Total Square Feet
5,663
Acres
0.13
Year Built
1978
Days on Market
27

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

Hoa Frequency
Monthly
Tax Year
2025
Tax Amount
$8,063
Interior Features
Built-in Features, Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Vaulted Ceiling(s), Primary Bathroom - Shower No Tub, Split Bedrooms
Exterior Features
Balcony
Location Description
Few Trees
Equipment And Appliances
Disposal, Dishwasher, Electric Range, Microwave, Refrigerator
Utilities
Cable Available, Electricity Connected, Sewer Available, Water Available
Exterior Finish
Concrete
Construction
Concrete
Floor
Tile, Wood
Parking
Attached, Garage, Garage Door Opener
Assoc Fee
$1075
Assoc Fee Includes
Maintenance Grounds
Garage Spaces
2
Dwelling View
Ocean, Water
Water Frontage
Ocean Front, Deeded Beach Access
Elementary School
Gemini
Middle School
Hoover
High School
Melbourne

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Calculator source: Real Geeks

Listing courtesy of Compass Florida, LLC.