$939,900
$29K PRICE DROP

0 Northgate Unit 1037396 Melbourne, FL 32935

Estimated payment $5,371/month

Total Views 3,811
5 Acres
$186,859 Price per Acre
219,107 Sq Ft Lot

About This Lot

Fully Entitled Multi-Family Development - Ready to Break Ground!

Prime opportunity to develop 11 Duplexes (22 Units Total) in the highly desirable Melbourne/Lake Washington area. This 5.03-acre site comes with City Water & Sewer and is fully approved—all the hard work has been done for you!

Property Highlights:
Fully Entitled & Approved: Ready for 11 Duplexes (22 doors)
City Water & Sewer: Utilities in place for a seamless build
Shovel-Ready: Apply for permits and start construction immediately
Flexible Build Options: Build it yourself or opt for a construction package with the seller completing the construction

Comprehensive Due Diligence Package Available - Don't Miss Out!
This is a rare opportunity to develop in a sought-after location. Contact us today to learn more or to secure this incredible investment!

Listing Agent

Meili Viera

Waterman Real Estate Inc. License #3215665

Waterman Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,614

Lot Details

  • 5.03 Acre Lot
  • Street terminates at a dead end
  • Many Trees
  • Building or Site Plan Approved

Schools

  • Sabal Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Community Details

  • Indian River Groves And Gardens Subdivision

Listing and Financial Details

  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$1,614

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Dead End Street, Many Trees
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian River Groves and Gardens
  • Sewer:Public Sewer: Yes
  • Development Status Site Plan Approved: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 5.03
  • Lot Features:Many Trees: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Current Use: Commercial, Multi-Family
  • Lot Size Sq Ft: 219106.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1614.25

MLS Schools

  • Elementary School: Sabal
  • High School: Eau Gallie

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Price Changed $939,900 -2.6% --
03/18/2025 03/18/25 Price Changed $964,900 -0.4% --
02/14/2025 02/14/25 For Sale $969,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1037396

Space Coast MLS (Space Coast Association of REALTORS®)

Florida Brevard County Melbourne 32901

0 Northgate Unit 1037396, Melbourne, FL

Homes for Sale in Melbourne, FL

This home is located at 0 Northgate Unit 1037396, Melbourne, FL 32935 and is currently priced at $939,900. 0 Northgate Unit 1037396 is a home located in Brevard County with nearby schools including University Park Elementary School, Stone Magnet Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Meili Viera
Listing Agent
Meili Viera
Section Image
Waterman Real Estate Inc.
(321) 398-4214