FOR  SALE  BY  OWNER (NOT REAL ESTATE BROKER):

DESCRIPTION and FEATURES:

• Size: 0.84 acres +/- (Brevard County records). Full 100 ft. of oceanfront and 100 ft. on SR A1A, wider than many oceanfront lots. Approximately 350 ft. from SRA1A to the dune line, with a healthy wide sandy beach extending eastward from the dune line.
   
• Location: 1965 N Highway A1A, Indialantic, FL 32903. Estate lot is situated between A1A and the Atlantic Ocean. Conveniently located mid-way between the two causeways in the Melbourne area.
   
• Advantages over other Oceanfront Lots:
   
  • Ready to Build: Full 100 ft. frontage estate lot, vacant and cleared, with slab from older home left on site for possible "grandfathering" value during permitting. High and dry land. Survey shows plenty of room for large mansion sited well back from street, with very generous "Coastal Construction Control Lines". Rectangular shape rather than irregular shapes of some other lots.
     
  • Survey: Click here for 2002 survey

• Privacy: Surrounded on both sides by single-family estates, with condos or hotels far away, and NO public access easements are nearby which can take up 10 feet of a property and disturb privacy.
   
• Existing Dune Crossover, Deck and Stairs: High-quality dune crossover, deck and stairs already built using deep 8" x 8" support posts and all-stainless fasteners, with extra steps buried in the sand.
   
• Convenience: Ideal location mid-way between the two causeways in the Melbourne area. Close to shopping, restaurants, amenities. Airport is short drive away.
   
• No old house to demolish: Some general websites still show the existence of the original old house on this address. These sites are erroneous, since the house was razed and the rubble hauled away a few years ago. Having no old house on this lot saves the high cost of demolition for a new owner.  Beware of other sellers advertising and adding a price premium for their old houses on oceanfront lots! These old houses actually have negative value! Why? Because any new owner willing to pay for oceanfront land will want to build a larger, modern house. And, the old houses, if modified or enlarged, must be brought up to today's codes (hurricane construction, wiring, plumbing, asbestos, etc., etc.). It's much easier and cheaper to tear them down and to start fresh using modern construction techniques and materials. The value is in the oceanfront land anyway.
    
• Beach: Beach is sandy, wide and healthy, free from accelerated erosion of some other locations.

• School system: Area schools are among the best in Florida.
   
• Property Taxes: See Brevard County Tax Collector.
   
• Investment Potential: Oceanfront land cannot be created anew. There will be no more of this precious resource. This lot was estimated to be worth close to $2M at its peak value. While no one can know future values, the long-term potential for substantial appreciation in value exists. Future Land Use plan is for multi-family zoning.
   
• Real Estate Agents and Brokers: Owner will cooperate with buyer's agents with reasonable terms.
   

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