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808 Strawbridge Ave Melbourne, FL 32901

For Sale
$825,000

Prime .42-acre lot, redevelopment opportunity.

Description

Added:
Dec 11, 2024
Days on Market:
367
This exceptional .42-acre commercial land parcel, located at 808 E Strawbridge Avenue in Historic Downtown Melbourne, Florida (zip code 32901), presents a compelling redevelopment opportunity. The property, encompassing 10,890 square feet, is zoned C3, allowing for a wide range of development possibilities. A significant advantage lies in the potential for assemblage with adjacent city-owned parcels, expanding the total area to 1.01 acres and unlocking a potential density of 100 units per acre. A proposed development plan envisions a seven-story mixed-use building, comprising 90 residential units (47 one-bedroom and 43 two-bedroom apartments) and 6,000 square feet of ground-floor commercial space. This ambitious project would feature a total construction area of 252,890 square feet and include parking for 147 vehicles. The development also incorporates planned interior and exterior residential amenities. This strategic location within the rapidly growing Historic Downtown Melbourne district, combined with the potential for a large-scale, mixed-use development, positions this property as a transformative project with the potential to significantly impact the downtown skyline. The asking price for this unique opportunity is $825,000.

Property Features for 808 Strawbridge Ave

General Information

Property type
Land

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Melbourne
County
Brevard
State
Florida
Longitude
-80.6073012
Latitude
28.0796257

FAQs

What type of property is this?
Land - Prime .42-acre lot, redevelopment opportunity.
Where is this land located?
The property is located at 808 Strawbridge Ave Melbourne, FL.
What is the asking price?
The asking price for this property is $825,000.
More about this property
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