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Multifamily Lot Approved for Development
For Sale
$397,500

2912 Main Street, Melbourne, FL 32901

Approved multifamily lot suitable for constructing eight townhouse units.

Property Size28,750 SF
Lot Size0.66 Acres
Price / SF$13.83
Days on Market341

Property Features for 2912 Main Street

General Information

Standard status Active
Size 28,750 SF
Lot size 0.66 Acres
Property subtype Land / Unimproved Land
Zoning Multi Family

Taxes and HOA fees

Annual Taxes $720
Listing Agency: LoKation
Listed By: Bruno A Iarussi · License #3299056
Source: Compass
Added: Sep 18, 2025 Changed: Aug 8 Last Checked: Jul 15 at 9:24PM

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 LoKation

Investment Insights

Based on property information with market context.

This residential land, spanning 28750 square feet, is approved for the construction of an eight-unit multifamily development. The approved plan allows for the construction of 1300 sqft townhouses, presenting a potential opportunity for section 8 housing.

Key Highlights

  • Approved for 8 Townhouse Units: Ready for immediate multifamily development.
  • 1300 sqft Townhouses: Approved unit size provides ample living space.
  • Multifamily Lot: Zoned and ready for multifamily construction.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Pharmacy Bakery Furniture & Home Goods Storage Facility Electrical 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

381
Businesses Nearby

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
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 - Approved multifamily lot suitable for constructing eight townhouse units.
Where is this residential land & home lot located?
The property is located at 2912 Main Street Melbourne, FL.
What is the asking price?
The asking price for this property is $397,500.
What are key features of this property?
This property features: Approved for 8 Townhouse Units: Ready for immediate multifamily development.; 1300 sqft Townhouses: Approved unit size provides ample living space.; Multifamily Lot: Zoned and ready for multifamily construction.
More about this property
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