$1,800,000
$1,950,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
1.05 Acres Lot
SOLD DATE : 05/07/2021
Key Details
Sold Price $1,800,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Powells Resubd Of Melbourne
MLS Listing ID 891469
Sold Date 05/07/21
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Annual Tax Amount $5,556
Tax Year 2020
Lot Size 1.050 Acres
Acres 2.21
Property Description
Once in a lifetime opportunity to develop up to 32 Luxury units on the Crane Creek waterway in Downtown Melbourne with direct access to the Indian River & Atlantic Ocean. Nestled in the heart of Downtown Melbourne's vibrant commercial and nightlife district, buildable land is limited, and this is the ONLY available multi-family/ townhome opportunity on the market! This exclusive listing includes 3 side-by-side parcels (801, 805, 809) for a total of 2.21 Acres, zoned R3, and positioned on Melbourne Avenue with over 269 Feet of direct water frontage on Crane Creek. This property rests 13 feet above sea level with over 2,000 yards of fresh fill waiting for development! Property Memorandum available upon request.
Location
State FL
County Brevard
Area 330 - Melbourne - Central
Direction Head west on Melbourne Ave. Lots will be on the left once you pass Vernon Place.
Body of Water Crane Creek
Exterior
Exterior Feature ExteriorFeatures
Waterfront Description Creek
Present Use Mixed Use,Multi-Family,Single Family
Street Surface Paved
Garage No
Building
Lot Description Cleared
Schools
Elementary Schools University Park
High Schools Melbourne
Others
Senior Community No
Tax ID 28-37-03-Fd-00048.0-000c.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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