$2,425,000
Melbourne Beach, FL 32951
MLS# 896963
Status: Closed
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Property Description
INVESTOR ALERT! Rare opportunity to own a well-cared-for 16 unit, oceanfront motel in Melbourne Beach! Each suite comes tastefully furnished and fully equipped with kitchens in varying sizes ranging from a studio with one bath, to a two bedroom, two bath. Each unit is individually convertible to condos. The property includes a large beachfront pool, on-site management, and 146' of direct ocean frontage. Sandy Shoes is centrally located and only minutes from all that Melbourne Beach has to offer. Electrical panels were updated in 2017, Water/Sewer connected in 2017, New pool pump in 2017, New Hot Water Heater in 2017, nine new A/C units in 2018
Details
Maps
Location, Tax, and Legal
Tax Account: 2862142
Parcel Number: 28-38-28-04-00000.0-000a.Xa
General County Location: South
Tax Annual Amount: 0.13
Tax Year: 2020
Tax Legal Description: SANDY SHOES OF MELBOURNE BEACH CONDOMINIUM SANDY SHOES OF MELBOURNE BEACH CONDO CONDO COMMON AREA AS DESC IN ORB 5347 PG
Directions: From 192, Head south for 5 miles. Sandy Shoes will be on the left.
General Property Information
Number Of Units Total: 16
Stories Total: 2
Building Area Total: 9610
Lot Size Acres: 0.88
Association YN: No
Property Use: R-CONDOMINIUM UNIT (0414)
Water Body Access YN: No
Waterfront YN: Yes
Use Code: 04 / CONDOMINIUM
List Price/SqFt: 270.55
Sold Price/SqFt: 252.34
Year Built: 1958
Remarks and Miscellaneous
Public Remarks: INVESTOR ALERT! Rare opportunity to own a well-cared-for 16 unit, oceanfront motel in Melbourne Beach! Each suite comes tastefully furnished and fully equipped with kitchens in varying sizes ranging from a studio with one bath, to a two bedroom, two bath. Each unit is individually convertible to condos. The property includes a large beachfront pool, on-site management, and 146' of direct ocean frontage. Sandy Shoes is centrally located and only minutes from all that Melbourne Beach has to offer. Electrical panels were updated in 2017, Water/Sewer connected in 2017, New pool pump in 2017, New Hot Water Heater in 2017, nine new A/C units in 2018
Construction Materials
Block: 1
Concrete: 1
Cooling
Central Air: 1
Electric: 1
Electric
100 Amp Service: 1
220 Volts: 1
Flooring
Tile: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Roof
Tar/Gravel: 1
Security Features
Key Card Entry: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Corporate Owned: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Building Features
Laundry: 1
Manager on Premise: 1
Pool: 1
Separate Office Area: 1
Storage: 1
Ceiling Type
Drywall: 1
Location
Beach Area: 1
County: 1
Golf Course: 1
Sale Includes
Business with Real Estate: 1
Furniture, Fixtures and Equipment: 1
Contract Information
Current Price: $2,425,000
Original List Price: 2600000
Sold Price: $2,425,000
Status: Closed
Listing Contract Date: 2021-02-11
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 3455
Street Name: Highway A1a
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 385 - South Beaches
Status Change Information
Major Change Timestamp: 2021-05-15T14:37:19Z
Major Change Type: Status Change
Status Change Timestamp: 2021-05-15
Purchase Contract Date: 2021-02-11
Close Date: 2021-05-07
Close Price: 2425000
Property Features
Building Features: Laundry; Manager on Premise; Pool; Separate Office Area; Storage
Ceiling Type: Drywall
Construction Materials: Block; Concrete
Cooling: Central Air
Electric: 100 Amp Service; 220 Volts
Flooring: Tile
Heating: Central; Electric
Listing Terms: Cash; Conventional
Location: Beach Area; County; Golf Course
Possession: Close Of Escrow
Roof: Tar/Gravel
Sale Includes: Business with Real Estate; Furniture, Fixtures and Equipment
Security Features: Key Card Entry; Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Appointment Only; Call Listing Agent
Special Listing Conditions: Corporate Owned
Water Source: Public
Waterfront Features: Ocean Front
Listing Office: Dale Sorensen Real Estate Inc.
Last Updated: July - 14 - 2025
Information is deemed to be reliable, but is not guaranteed.