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Melbourne Multifamily Development Opportunity
For Sale
$397,500

2912 Main Street, Melbourne, FL 32901

LAND - Melbourne, FL

Property SizeContact for details
Lot Size0.66 Acres
Days on Market272

Property Features for 2912 Main Street

General Information

Property type Land
Property subtype Other
Zoning description Multi Family
Subdivision South Melbourne
Elementary school Meadowlane
Middle school Stone
High school Melbourne
Directions from 192 U.S. Rte 1 Head northeast on E Ave B toward U.S. Rte 1 N 151 ft Turn right onto S Harbor City Blvd/U.S. Rte 1 S 2.8 mi Turn right onto Jernigan Ave 407 ft and Turn left onto Main St
Standard status Active
APN 28-37-11-05-0000k.5-0000.00
Lot size 0.66 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 720
Listing Agency: LoKation
Listed By: Bruno A Iarussi · License #3299056
Added: Nov 25, 2025 Changed: Aug 2 Last Checked: Aug 24 at 10:06AM
MLS# 1062954

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.66-acre property in Melbourne, Florida, is an approved multifamily lot suitable for constructing eight townhouses, each measuring 1300 square feet. The property presents a potential opportunity for Section 8 housing development.

Key Highlights

  • Multifamily lot approved for 8 townhouses
  • Approved for 8 units of 1300 sqft townhouses
  • Great section 8 opportunity

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Pharmacy Bakery Furniture & Home Goods Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Approved multifamily lot for eight townhouses in Melbourne, Florida.
Where is this land located?
The property is located at 2912 Main Street Melbourne, FL.
What is the asking price?
The asking price for this property is $397,500.
What are key features of this property?
This property features: Multifamily lot approved for 8 townhouses; Approved for 8 units of 1300 sqft townhouses; Great section 8 opportunity
More about this property
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