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5940 S HIGHWAY A1A

Lots/Land Recently Sold
$195,000

BTC: 3.04687500

ETH: 111.68384880

Sold on: 2020-11-18
6 days
0 room(s)

Overview

Welcome to Melbourne Shores and this extraordinary mixed use zoning of BU-1-A provides endless possibilities for this ocean view lot directly on A1A. With beach access directly across the street and river access a short stroll away by joining the HOA for only $80.00 a year! You can enjoy the ocean and river lifestyle from your brand new home with office. Conveniently located between Melbourne and Vero Beach you can enjoy the best shopping, dining, and entertainment the area offers.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.31 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$80

Valuation

Our model vs. what's actually selling nearby.
Estimate
$68,000
$59K – $142K
Confidence Low
List vs. estimate
$131K above estimate
List $199,000 · +192.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,367
2019
HOA
$80/yr
Recreational Facilities
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 293814GZ00009.00002.00

    • Zoning: BU-1-A

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Electrical Nearby

    • Phone Available

    • Propane

    • Sprinkler Well

    • Telephone Nearby

  • Other financial information

    • HOA: $80

    • HOA Frequency: Annually

    • Annual tax amount: $1,367

  • Source details

    • MLS ID: O5888322

    Other facts

    • Lot Features: Buildable / Corner Lot

    • Direction Faces: East

    • Water Source: Well Required

    • Lot Size Dimensions: 78 x 184

    • Subdivision Name: MELBOURNE SHORES 1ST ADD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: WILLIAM TAYLOR REAL ESTATE,LLC