Zoned Residential Development
For Sale
$250,000
1920 Magnolia Avenue, Melbourne, FL 32935
Mostly cleared residential lot with city water and sewer, plus FPL electric, offering frontage on three streets.
Property Size32,670 SF
Lot Size0.75 Acres
Price / SF$7.65
Days on Market713
Property Features for 1920 Magnolia Avenue
General Information
Standard status
Active
Size
32,670 SF
Lot size
0.75 Acres
Property subtype
Land / Unimproved Land
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$2,688
Listing Agency:
The Ullian Realty Corporation
(321) 750-3439
Listed By:
Zachary Michael Ullian · License #3445627
(321) 750-3439
Source:
Compass
Added: Sep 16, 2024
Changed: Aug 8
Last Checked: Aug 28 at 6:32PM
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 The Ullian Realty Corporation
Investment Insights
Based on property information with market context.
This is a 0.75-acre mostly cleared residential land parcel with estimated frontage of 264 feet on Magnolia Avenue, 264 feet on Beecher Street, and 132 feet on Mathers Street. Per the City of Melbourne Zoning Department, the property is zoned to allow up to 6 units per acre, with a 36-foot height restriction. Utilities available include City Water/Sewer and FPL electric.
The property is described as being in the heart of Melbourne, within minutes of the Eau Gallie Arts District (EGAD) and close to Eau Gallie Boulevard, which provides a connection to the beaches and Interstate 95.
With substantial street frontage and cleared land, the site offers an established foundation for residential development within the stated zoning parameters.
The property is described as being in the heart of Melbourne, within minutes of the Eau Gallie Arts District (EGAD) and close to Eau Gallie Boulevard, which provides a connection to the beaches and Interstate 95.
With substantial street frontage and cleared land, the site offers an established foundation for residential development within the stated zoning parameters.
Key Highlights
- 0.75‑acre mostly cleared residential lot in Melbourne.
- Estimated 264 ft frontage on Magnolia Avenue and 132 ft frontage on Mathers Street.
- Estimated 264 ft frontage on Beecher Street.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
663
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 - Mostly cleared residential lot with city water and sewer, plus FPL electric, offering frontage on three streets.
Where is this residential land & home lot located?
The property is located at 1920 Magnolia Avenue Melbourne, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.75‑acre mostly cleared residential lot in Melbourne.; Estimated 264 ft frontage on Magnolia Avenue and 132 ft frontage on Mathers Street.; Estimated 264 ft frontage on Beecher Street.
