$260,000
$260,000
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0.34 Acres Lot
SOLD DATE : 03/04/2024
Key Details
Sold Price $260,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Spottswood And Salano Plat No 1
MLS Listing ID 981823
Sold Date 03/04/24
HOA Y/N No
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Annual Tax Amount $172
Tax Year 2023
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 120x123
Property Description
Two adjacent lots (2401 & 2405 Stone St) to be sold together in Downtown Melbourne! Utilities available (no impact fees), with VERY friendly zoning: C-3/Mixed use. Ideal for a multifamily development (up to 40 units), office/retail, residential, self-storage, you name it. Additional 0.10 acers confirmed (by the city) and available on the east end (back) of both lots (just fill out the abandon and vacate form, provided in documents). Located in the community redevelopment area, there are lots of financial incentives for building here. See Documents for supporting info. Both lots are less than a quarter mile from Crane Creek and less than a half mile from the Melbourne Causeway. Huge investment potential with several development projects going on right in the neighborhood!
Location
State FL
County Brevard
Area 330 - Melbourne - Central
Direction Head South on US-1 past East New Haven Ave, cross Crane Creek and continue for another quarter mile. Make a right on W.H. Jackson St. In 500 feet turn right onto Stone St. Lot is 500 feet on right.
Exterior
Exterior Feature ExteriorFeatures
Pool None
Utilities Available Electricity Available, Sewer Available, Water Available
Present Use Commercial,Hotel/Motel,Investment,Mixed Use,Multi-Family,Residential,Single Family,Unimproved
Street Surface Paved
Road Frontage Private Road
Garage No
Building
Lot Description Cleared, Easement Access, Zero Lot Line
Sewer Public Sewer
Water Public
Schools
Elementary Schools Harbor City
High Schools Melbourne
Others
Senior Community No
Tax ID 28-37-02-79-00000.0-0010.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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