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    1207 Eber Blvd Melbourne, FL 32904

    Sponsored
    For Sale
    $439,900

    Prime Commercial/Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.67-acre parcel, encompassing 203,425 square feet, presents a unique opportunity for development. Located at 1207 Eber Boulevard in Melbourne, Florida (zip code 32904), this property boasts a highly desirable location. Currently zoned for both commercial and residential use, it offers unparalleled flexibility for a variety of projects. The land is conveniently situated for easy access to shopping, entertainment, and boasts a short 15-minute drive to the beach. City water is readily available, eliminating the need for well installation. The absence of a homeowner's association (HOA) provides additional freedom and flexibility for development plans. This expansive lot presents a blank canvas for building your dream home or developing a commercial venture, capitalizing on the strategic location and the combined residential and commercial zoning. The property's size and zoning make it an attractive investment in a rapidly growing area. This is a rare opportunity to acquire a substantial land parcel in a prime location within Melbourne city limits. The asking price is $439,900.

    Property Features for 1207 Eber Blvd

    General Information

    Property type
    Land

    HighLights

    • $439,900 asking price.
    • 4.67‑acre commercial and residential land parcel.
    • 203,425 square foot lot size.
    • Located at 1207 Eber Boulevard, Melbourne, FL 32904.
    • City water available.
    • Located within Melbourne city limits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office 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
    -80.6424
    Latitude
    28.047883

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land
    Where is this land located?
    The property is located at 1207 Eber Blvd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $439,900.
    What are key features of this property?
    This property features: $439,900 asking price.; 4.67-acre commercial and residential land parcel.; 203,425 square foot lot size.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1207 Eber Blvd Melbourne, FL 32904
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