Vacant Land with Approved
For Sale
$209,000
50 Elton Street, Melbourne, FL 32935
Vacant land with approvals for five townhouses near the beach.
Property SizeContact for details
Days on Market486
Property Features for 50 Elton Street
General Information
Standard status
Active
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$1,567
Listing Agency:
LIV Signature Real Estate, LLC
(321) 355-9391
Listed By:
Davide Giuseppe Santonastaso · License #3484067
(321) 355-9391
Source:
Exitrealty
Added: Apr 11, 2025
Changed: Aug 8
Last Checked: Jul 16 at 7:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LIV Signature Real Estate, LLC
Investment Insights
Based on property information with market context.
This vacant land presents an investment opportunity with pre-approved plans for five townhouses. Four of the planned townhouses are approximately 1950 square feet each, while one is approximately 1500 square feet. The property is located less than 10 minutes from the beach, downtown Melbourne, Eau Gallie, a shopping plaza, restaurants, Publix, and Walmart. This location offers potential for selling or renting the completed townhouses, given the area's rapid growth.
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 in a fast‑growing area.
- Enjoy being less than 10 minutes from the beach.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant land with approvals for five townhouses near the beach.
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 in a fast‑growing area.; Enjoy being less than 10 minutes from the beach.
