201 3rd Ave

Melbourne Beach, FL 32951
List Price
$2,180,000
201 3rd Ave
201 3rd Ave - Image 2
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Why I Like This Property

“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”

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Lance Wolfe
Lance Wolfe
Savvy STR Agent

About This Property

Modern Luxury Meets Coastal Serenity. Experience the ultimate in sophistication, and coastal living in this stunning custom estate, located just 40 steps from the beach. Built in 2017 with full impact-rated construction, this meticulously crafted 3,630-square-foot main residence blends modern durability with high-end designer finishes. The spacious, light-filled floor plan offers expansive living areas, generous room sizes, and exceptional spaces for both everyday living and entertaining. Adding versatility is a separate 400 SF accessory dwelling unit (ADU) complete with a full bath and easily adaptable for a kitchen installation, ideal as a guest house, mother-in-law suite, or legal rental. A rare multifamily-zoned lot, the property offers outstanding flexibility with room for future expansion. A secure 150 St walled perimeter provides privacy, while a secondary driveway for additional parking and or boat storage. Golf cart everywhere and enjoy the Melbourne Beach lifestyle!

Luxury
Family-friendly
Beach
Pool
Game Room
Home Theater
Sauna

Property Details

4
Bedrooms
5
Bathrooms
4,025
Square Feet
2017
Year Built
0.46 ac
Lot Size
Single Family
Property Type

Projected Opportunity

Revenue Range
Projected ROI
Avg Daily Rate
Avg Occupancy

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Savvy Recommended Upgrades

bunk begs in office room

Est. $2,500$4,000

convert garage to game room

Est. $12,000$22,000

Red Light Sauna

Est. $3,000$5,000

wallpaper murals

Est. $10,000$11,000

beach gear

Est. $1,000$2,500

Your Agent

Lance Wolfe

Lance Wolfe

STR Investment Specialist

Cocoa Beach, FL

3
Deals Closed
2
Years Experience

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Listing agent: Joanie Shepherd. Listing courtesy of Prominent Properties of FL,LLC. Information deemed reliable but not guaranteed.

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