5195 S Highway A1a, Melbourne Beach, FL 32951 (MLS# 851317)

5195 S Highway A1a, Melbourne Beach, FL 32951

$1,200,000
Property Type: Residential Income Square Footage: 2,274 Lot Size (sq. ft.): 24,829 Status: Closed
Current Price: $1,200,000 List Date: 7/23/2019 Last Modified: 6/20/2026

Overview

Description

''Serenity Beach'' is a direct Oceanfront Triplex in beautiful Melbourne Beach. All three units have been completely updated and are turn-key with a 5 Star rating on VRBO, Airbnb and Homeaway. Situated on over 1/2 acre in a very quiet and secluded spot of Melbourne Beach providing true ''Serenity'' for your guests. A book of business is included with many repeat guests. The location is Short Term Rental/Airbnb friendly. All new interiors, new roof (2016), updated electric (2016), updated plumbing (2016), new water heaters (2016), new deck and dune crossover (2016). Each Unit is 2 Bedrooms, 1 Bath with it's own Washer/Dryer. All Furnishings, Electronics and future rental income conveys with the property.

Listing Details MLS# 851317

General Property Information

Number Of Units Total
3
Living Area
2250
Living Area Source
Public Records
Building Area Total
2274
Year Built
1974
Garage YN
No
Carport YN
No
Lot Size Acres
0.57
Lot Size Square Feet
24829
Lot Size Dimensions
100 x 248
Association YN
No
Use Code
RU-24
Water Body Access YN
No
Waterfront YN
Yes
Pool Private YN
No
List Price/SqFt
666.67
Sold Price/SqFt
533.33

Property Features

Appliances: Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Softener Owned Association Amenities: Management - Off Site Construction Materials: Block; Concrete; Stucco Cooling: Central Air Financial Data Source: Owner Flooring: Tile Levels: One Listing Terms: Cash; Conventional Owner Pays: Cable TV; Electricity; Exterior Maintenance; Grounds Care; Insurance; Janitorial Service; Management; Pest Control; Trash Collection; Water; Other Pool Features: None Possession: Close Of Escrow Roof: Shingle Sewer: Septic Tank Special Listing Conditions: Standard Utilities: Cable Available Water Source: Well Waterfront Features: Ocean Front Showing Requirements: Appointment Only; Call Listing Office; No Sign

Contract Information

Original List Price
1500000
Listing Contract Date
2019-07-23
Property Sub Type
Triplex

Location Tax and Legal

Street Number
5195
Street Direction Prefix
S
Street Name
Highway A1a
County
Brevard
State
FL
Postal Code
32951
MLS Area Major
385 - South Beaches
Subdivision Name
New Melbourne Beach

Remarks and Miscellaneous

Public Remarks
''Serenity Beach'' is a direct Oceanfront Triplex in beautiful Melbourne Beach. All three units have been completely updated and are turn-key with a 5 Star rating on VRBO, Airbnb and Homeaway. Situated on over 1/2 acre in a very quiet and secluded spot of Melbourne Beach providing true ''Serenity'' for your guests. A book of business is included with many repeat guests. The location is Short Term Rental/Airbnb friendly. All new interiors, new roof (2016), updated electric (2016), updated plumbing (2016), new water heaters (2016), new deck and dune crossover (2016). Each Unit is 2 Bedrooms, 1 Bath with it's own Washer/Dryer. All Furnishings, Electronics and future rental income conveys with the property.

Status Change Information

Major Change Timestamp
2019-10-31T18:12:48Z
Major Change Type
Status Change
Status Change Timestamp
2019-10-31
Purchase Contract Date
2019-07-26
Close Date
2019-10-31
Close Price
1200000

More Information

Closing Company Details

Closing Company Name
Alliance Title Attn: Liz Cassella 321.724.9600
Closing Company Address
10 S. Harbor City Blvd., Melbourne, FL 32901

Income and Expenses

Gross Scheduled Income
149315
Net Operating Income
88884
Operating Expense
60431

Legal Details

Plat Book #
3
Plat Book Page
36

Historical Information

Public Historical Remarks 3
Site Location-Major Roadway: Y, Expenses Include-Advertising: Y, Number of Buildings: 1 Building
Listing Office: One Sotheby's International
Last Updated: June - 20 - 2026
Information is deemed to be reliable, but is not guaranteed.

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