Back 2951 South Highway A1a
Off Market

2951 South Highway A1a

Melbourne Beach FL 32951

2
2
2
1775 sq. ft.
5663 sq. ft.
Condo
Last sold for $725,000
DeWayne CarpenterDeWayne Carpenter, last sold this property on 26 August 2026 after 54 days on market.

Overview

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

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1775 sq. ft. floor area
5663 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Melbourne Beach over the last 12 months, the estimated median property value of 2951 South Highway A1a is $329k.

Median value
$329k
Estimated value range
$199k - $725k
Median days on market
110
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2951 South Highway A1a

2026
Sold
$725,000
26 Aug 2026 by DeWayne Carpenter, of Compass Florida, LLC

Happy sellers in Melbourne Beach

80%
80% of sellers in Melbourne Beach reported that their sale price either exceeded or met their price expectations.

Melbourne Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Melbourne Beach over the last 12 months.

Local market activity for 2 bedroom condos in Melbourne Beach

In the last 12 months, 22 two-bedroom condos similar to 2951 South Highway A1a, have been sold.

This represents a 16% increase in two-bedroom condos sales when compared to the previous 12 months.

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