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Active$750,000
Melbourne Beach, FL, 32951
Active$750,000
2
Bedrooms
2
Bathrooms
1,775 sqft
Living Area
1978
Year Built
$1,075
HOA / Monthly
Days on Market
Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.
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
See the property and tour the dock. A licensed waterfront specialist will arrange your private showing.
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Melbourne Beach, FL, 32951
Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]
Listing courtesy of Compass Florida, LLC via Space Coast MLS
Last updated: 7/6/2026
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Estimate your monthly payment for this waterfront property
$150,000 down
Estimated payments only. Actual rates and terms may vary.