Added: Nov 3, 2022Changed: Aug 8Last Checked: Aug 8 at 11:35AM
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Investment Insights
Based on property information with market context.
Twelve approved townhouse lots are available for sale, located at 1520-1522-1523 Beechfern Dr, Melbourne FL 32935. These lots represent the remaining portion of the existing 28-unit townhome development known as Mosswood Homes of Melbourne, which was initiated in the late 1990s. The available lots are situated within BLK E and BLK F. BLK E comprises lots 18-22, designed for two-story units featuring 2 bedrooms, 2.5 bathrooms, and a 2-car garage. These units offer a total of 1,885 square feet, with 1,362 living square feet under air. BLK F includes lots 23-29, planned for two-story units with 3 bedrooms, 2.5 bathrooms, and a 2-car garage, encompassing 2,152 total square feet, including 1,614 living square feet under air. Final plat approval was obtained in January 2023. The HOA dues are $240.00 per unit, increasing to $252.00 on 1/1/23 due to an insurance increase. HOA fees cover all exterior maintenance, including lawn care, roof maintenance and replacement, exterior painting, interior road maintenance, exterior lighting maintenance, retention pond maintenance, sidewalk maintenance, maintenance of a 6-inch deep well for irrigation, guest parking space maintenance, landscaping maintenance, tree maintenance, insurance of the exterior structure covering the roof, windows, and stucco, a small utility bill for the well pump house, and maintenance of entrance, stop, and street signs.
Key Highlights
Twelve (12) approved townhouse lots with all utilities, ready for development.
Part of an existing 28‑unit townhome development (Mosswood Homes of Melbourne).
HOA covers extensive exterior maintenance: lawn, roof, painting, roads, lighting, ponds, sidewalks, landscaping, and insurance.
Property Analytics
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Current Use
Residential land & home ...
Suggested Use
Top PickParking Lot & GaragePlumbing Service(Bike/Boat/Book/etc) StoreDaycare CenterPet StorePet Store & 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
993
Businesses Nearby
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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
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Residential land & home lot - Twelve approved townhouse lots available in Melbourne, Florida.
Where is this residential land & home lot located?
The property is located at 1520 Beechfern Dr Melbourne, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Twelve (12) approved townhouse lots with all utilities, ready for development.; Part of an existing 28‑unit townhome development (Mosswood Homes of Melbourne).; HOA covers extensive exterior maintenance: lawn, roof, painting, roads, lighting, ponds, sidewalks, landscaping, and insurance.
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New: 350 Mission StJust listed · $36/SF · 2 min ago