$1,949,900
UNDER CONTRACT $200K PRICE DROP

Estimated payment $11,604/month

Total Views 20
0.51 Acre
$3,823,333 Price per Acre
22,216 Sq Ft Lot

Highlights

  • 165 Feet of Waterfront
  • Guest House
  • Intracoastal View
  • Melbourne Senior High School Rated A-
  • River Access
  • The property is located in a historic district

About This Lot

ARE YOU READY TO BUILD? Approved in hand for 4 townhouses but could be 6! Prime riverfront commercial property in the heart of historic downtown Melbourne. The historic structure boasts a new metal roof and recent upgrades that made the structure stronger to be able to build a restaurant/bar on multiple levels with an incredible view. Featuring approximately 165 feet of water frontage, it offers stunning views of the river, causeway, and barrier island. With flexible C-1 zoning, mixed residential/commercial, the property is ideal for various uses, including the potential for a 50-unit condominium, office spaces, retail, restaurant and more. Don't miss this unique opportunity—call today!

Listing Agent

Anthony Romero

Dale Sorensen Real Estate Inc. License #695178

Dale Sorensen Real Estate Inc.

Co-Listing Agent

Davide Santonastaso

Dale Sorensen Real Estate Inc. License #3484067

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,650

Year Built

  • 1891

Lot Details

  • 0.51 Acre Lot
  • 165 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • River Front
  • Chain Link Fence

Home Design

  • Asphalt

Schools

  • University Park Elementary School
  • Hoover Middle School
  • Melbourne High School

Additional Features

  • Intracoastal Views
  • Guest House
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 28-37-02-Fc-00010.0-0005.00
  • Seller Concessions Not Offered

Community Details

Overview

  • Camps Plat Of Melbourne Subdivision

Recreation

  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$8,650

Year Built

1891

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Historic Area
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Intracoastal
  • Water Body Name: Indian River
  • Co List Office Mls Id: DSRE0
  • Co List Office Phone: 321-723-9990
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Camps Plat of Melbourne
  • Reso Other Structures: Guest House
  • Sewer:Public Sewer: Yes
  • Special Features: 4224
  • Property Sub Type: LotsLands
  • Year Built: 1891

Exterior Features

  • Pool Features: None
  • Fencing: Chain Link
  • Acres: 0.51
  • Waterfront Features: River Access, River Front, Intracoastal
  • Waterfront: Yes
  • Waterfront Features:River Front: Yes
  • Waterfront Features:River Access: Yes

Utilities

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

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 22216.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-02-Fc-00010.0-0005.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8649.87

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Map

Range of Values:

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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
02/20/2025 02/20/25 For Sale $1,949,900 0.0% --
02/16/2025 02/16/25 Off Market $1,949,900 -- --
10/02/2024 10/02/24 Price Changed $1,949,900 -2.5% --
09/16/2024 09/16/24 Price Changed $1,999,900 -7.0% --
08/16/2024 08/16/24 For Sale $2,150,000 +356.0% --
07/10/2015 07/10/15 Sold $471,500 -5.5% $212 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $499,000 -- $224 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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

MLS Number: 1022460

Space Coast MLS (Space Coast Association of REALTORS®)