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    Lake Washington Rd Melbourne, FL 32935

    For Sale
    $650,000

    LAND - Melbourne, FL

    Lot size:
    2.50 Acres
    Days on Market:
    98
    Last Refresh:
    Dec 10 at 4:06 am

    Property Features for Lake Washington Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    27-37-08-00-00505.0-0000.00
    Lot size
    2.50 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    Lpt Realty (877) 366-2213 [email protected]

    Listing agent Guy Newman (877) 366-2213

    Listing date Sep 4, 2025

    MLS# 1056262 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

    Melbourne Land Parcel For Sale

    This 2.5-acre parcel in Melbourne, Florida, presents an opportunity for development. According to the listing, the lot is suitable for a 24-unit multifamily project of approximately 20,000 square feet, a boutique light commercial building, or a private estate property. The location is described as conveniently situated 1.7 miles from Publix, 6 miles from the beach, and 7 miles from Downtown Melbourne.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.647522
    Latitude
    28.147692

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    FAQs

    What type of property is this?
    Land - Well-positioned 2.5-acre parcel suitable for multifamily, commercial, or estate development.
    Where is this land located?
    The property is located at Lake Washington Rd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Opportunity to build a 24-unit multifamily project or a commercial building.; - Suitable for a private estate property.; - Conveniently located 6 miles from the beach.
    (877) 366-2213
    Request Owner's contact information
    Lake Washington Rd 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
    Lake Washington Rd Melbourne, FL 32935
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