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Vacant Land in Melbourne, FL
For Sale
$209,000

50 Elton Street, Melbourne, FL 32935

LAND - Melbourne, FL

Property SizeContact for details
Lot Size0.37 Acres
Days on Market506

Property Features for 50 Elton Street

General Information

Property type Land
Property subtype Other
Zoning description Multi Family
Subdivision Annie Laurie Gardens
Lot features Corner Lot, Few Trees
Elementary school Harbor City
Middle school Hoover
High school Melbourne
Directions From US-1 going south , Turn right on Shull Ave, turn left on Circle ave, lot will be on your right
Standard status Active
APN 27-37-27-25-F-12
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LT 12 BLK F PB 3 PG 94 ANNIE LAURIE GARDENS S 27 T 27 R 37 SUBID 25 LT 13 BLK F PB 3 PG 94 ANNIE LAURIE GARDENS S 27
Tax Annual Amount 1568
Legal Description LT 12 BLK F PB 3 PG 94 ANNIE LAURIE GARDENS S 27 T 27 R 37 SUBID 25 LT 13 BLK F PB 3 PG 94 ANNIE LAURIE GARDENS S 27

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public
Listing Agency: LIV Signature Real Estate, LLC
Listed By: Davide Giuseppe Santonastaso · License #695178
Added: Apr 11, 2025 Changed: Jun 8 Last Checked: Aug 29 at 4:06AM
MLS# 1042885

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 0.37-acre vacant land parcel in Melbourne, Florida, presents an investment opportunity with pre-approved plans for five townhouses. The plans include four units of approximately 1950 square feet each and one unit of approximately 1500 square feet. The location is less than 10 minutes from the beach, downtown Melbourne, Eau Gallie, shopping plazas, restaurants, Publix, and Walmart. This property is positioned in a rapidly growing area, offering potential for selling or renting the planned townhouses.

Key Highlights

  • 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.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Cafe & Coffee Shop Catering 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

727
Businesses Nearby

Demographics for 32935, FL

41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
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?
Residential land & home lot - Vacant land with pre-approved townhouses near beach and downtown.
Where is this residential land & home lot located?
The property is located at 50 Elton Street Melbourne, FL.
What is the asking price?
The asking price for this property is $209,000.
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.
More about this property
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