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    50 Elton St Melbourne, FL 32935

    For Sale
    $214,900

    LAND - Melbourne, FL

    Lot size:
    0.37 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 10 at 4:06 pm

    Property Features for 50 Elton St

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    27-37-27-25-F-12
    Lot size
    0.37 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    Liv Signature Real Estate LLC (321) 917-7450 [email protected]

    Listing agent Davide Giuseppe Santonastaso (321) 241-4429

    Listing date Oct 11, 2025

    MLS# 1042885 Listing URL

    Copyright © 2025 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.

    Overview

    Land with Approved Townhouses

    This 0.37-acre vacant land parcel is located in Melbourne, Florida. The property has pre-approved plans for the construction of five townhouses. Four of the planned townhouses are approximately 1950 square feet each, and one is approximately 1500 square feet. The location is less than 10 minutes from the beach, downtown Melbourne, Eau Gallie, a shopping plaza, restaurants, Publix, and Walmart, offering convenient access to amenities and services. This property presents an investment opportunity for building townhouses for sale or rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.61976
    Latitude
    28.111065

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    FAQs

    What type of property is this?
    Land - Vacant land with five pre-approved townhouses near amenities.
    Where is this land located?
    The property is located at 50 Elton St Melbourne, FL.
    What is the asking price?
    The asking price for this property is $214,900.
    What are key features of this property?
    This property features: - Pre-approved for 5 townhouses, including 4 spacious units at approximately 1950 sqft each, and 1 unit at approximately 1500 sqft.; - Great investment opportunity for selling or renting.; - Vacant land ready for development.
    (321) 241-4429
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    50 Elton St Melbourne, FL 32935
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    Melbourne, FL 32935
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50 Elton St Melbourne, FL 32935
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