Rare, unique, and your once in a lifetime opportunity to own over an acre of land in Melbourne Beach with direct Indian River frontage stretching all the way to the Atlantic Ocean, including a strip of land measuring about 7.5' wide by 197' deep with your own beach access. In addition to such a highly sought after parcel, this is also zoned for two residential units with a two-story apartment building on site with two one-bedroom, one-bathroom units with full kitchens, measuring 616 sq ft on the ground floor and 672 on the second story offering endless possibilities for multi generational families, a detached guest house, or possibly short term rental income. The main house is 2,201 square feet, open floor plan, and boasts the perfect nautical ambiance with views of the sunset from nearly every room over the Indian River. Saltwater pebble tech pool, hot tub, recent coquina seawall, coconut palms, long dock with water, electrical, and lift... The opportunities here are endless.