$1,795,000

Estimated payment $10,273/month

Total Views 3,259
1.29 Acres
$1,391,473 Price per Acre
56,192 Sq Ft Lot

About This Lot

An exclusive opportunity awaits to develop your ideal lifestyle in the highly sought-after South Melbourne Beach area. This pristine 1.29-acre parcel is cleared, high, and dry, offering tremendous potential for a single-family estate or a boutique luxury townhome development, pending zoning approval. The lot provides the perfect foundation for a custom-designed home, with ample space for a private retreat or a sophisticated multi-unit project. Its ideal location just one block from Melbourne's beautiful beaches and minutes from the vibrant Downtown 5th Avenue in Indialantic offers an exceptional opportunity to create a premier residential development. Larger lots in this area are in high demand, making this an unparalleled chance to own a substantial piece of paradise.

Listing Agent

James Edmunds

One Sotheby's International License #3414010

One Sotheby's International

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,060

Lot Details

  • 1.29 Acre Lot
  • Lot Dimensions are 196 x 321
  • Cleared Lot

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Private Water Source
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29-38-10-00-00768.1-0000.00

Property Details

Property Type

Land

Est. Annual Taxes

$3,060

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.29
  • Waterfront: No
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Dimensions: 196 X 321
  • Lot Size Sq Ft: 56192.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-38-10-00-00768.1-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3059.54

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Map

Range of Values:

Collateral Analytics

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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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,184 $260,000 $260,000 $0
2022 $3,060 $260,000 $0 $0
2021 $3,357 $260,000 $260,000 $0
2020 $3,448 $260,000 $260,000 $0
2019 $2,403 $175,000 $175,000 $0
2018 $2,429 $175,000 $175,000 $0
2017 $2,414 $43,750 $0 $0
2016 $2,172 $140,000 $140,000 $0
2015 $2,270 $140,000 $140,000 $0
2014 $2,314 $140,000 $140,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2025 01/20/25 For Sale $1,795,000 -60.1% --
01/20/2025 01/20/25 For Sale $4,495,000 +1327.0% $1,112 / Sq Ft
11/22/2019 11/22/19 Sold $315,000 0.0% --
11/21/2019 11/21/19 Sold $315,000 0.0% --
11/21/2019 11/21/19 Sold $315,000 0.0% --
11/20/2019 11/20/19 Sold $315,000 -16.0% --
10/23/2019 10/23/19 Pending -- -- --
10/22/2019 10/22/19 Pending -- -- --
10/14/2019 10/14/19 Pending -- -- --
09/14/2019 09/14/19 For Sale $375,000 0.0% --
07/29/2019 07/29/19 For Sale $375,000 0.0% --
07/10/2019 07/10/19 Price Changed $375,000 -16.7% --
02/26/2019 02/26/19 For Sale $450,000 0.0% --
01/25/2019 01/25/19 For Sale $450,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed $315,000 Attorney
Warranty Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,000 New Conventional
Previous Owner $50,000 Purchase Money Mortgage
Source: Public Records

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

MLS Number: 1034773

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-10-00-00768.1-0000.00