Melbourne, FL Waterfront Land for Sale

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West Melbourne, FL Palm Bay, FL Indialantic, FL Melbourne Beach, FL Malabar, FL Indian Harbour Beach, FL

16 properties

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Updated: Aug 21

Riverfront Commercial Land

5120 N Us Highway 1, Melbourne, FL 32940

$2,900,000

5,400 sqft 4.64 AC lot

4.64 acres with 300 feet of Indian River frontage and river access
5,400‑square‑foot concrete block building constructed in 2014
Fully occupied building with five‑year leases in place for both tenants
Reported 7% cap rate; 3,600 square feet is occupied by the owner
Site may be divided into three parcels

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Updated: Apr 2

Commercial Waterfront Land Parcel

6450 S Us Highway 1, Grant Valkaria, FL 32949

$189,000

1.08 AC lot

1.08‑acre property in Grant‑Valkaria across from the Indian River Lagoon
Zoned BU‑1 Commercial Retail, allowing a range of business uses
Includes a turn lane and a culvert
Located between US 1 and Old Dixie Highway in southern Brevard County
Owner financing may be available for the right offer

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Direct Waterfront Land Opportunity

629 E Melbourne Ave, Melbourne, FL 32903

$650,000

2,403 sqft 1.04 AC lot

Over an acre of direct waterfront land on Crane Creek with small-boat access potential and an existing residence needing major renovation.

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Waterfront Commercial Land with Income

5120 N US Highway 1, Melbourne, FL 32940

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5,400 sqft 4.64 AC lot

4.64 acres with direct US 1 and Indian River frontage, dividable into three parcels including an occupied concrete block building.

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Waterfront Development Parcel with Dock

4234 S Us Highway 1, Grant Valkaria, FL 32935

$2,200,000

3.00 AC lot

Three parcels with direct Indian River and dock frontage along US-1, featuring leased retail and mini-storage improvements.

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Waterfront Land with Dual Frontage

430 South Harbor City Boulevard, Melbourne, FL 32901

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12,000 sqft 0.16 AC lot

Buildable waterfront parcel with frontage on Banana River and Harbor City Boulevard for flexible commercial use.

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Waterfront Residential Land Parcel

6810 Indian River Lagoon Scenic Hwy, Grant Valkaria, FL 32949

$529,000

1.58 AC lot

Residential land parcel with direct Indian River access, suited for building or investment opportunities.

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Waterfront Buildable Island Land

4 Grant Rd, Grant Valkaria, FL 32909

$399,000

Buildable island lot with east-to-west span and lagoon water views, accessed only by boat in a no-HOA community.

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Cleared Waterfront Land Tracts

000e Berry Rd, Grant, FL 32949

$500,000

Five cleared, high-and-dry lots near the Indian River offer waterfront pond frontage and ready-to-build homesites.

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Land

4414 Ligustrum Dr, Melbourne, FL 32934

$350,000

Residential land & home lots

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Buildable Lakefront Cul-de-Sac Lot

3626 Woodstock Ct, Melbourne, FL 32904

$330,000

Buildable waterfront lot with city water and electric available, set on a cul-de-sac with pond and lake views.

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Land

4765 Canard Rd, Melbourne, FL 32934

$250,000

Residential land & home lots

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Land

000c Berry Rd, Grant, FL 32949

$480,000

Residential land & home lots

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Waterfront Land Parcel

3301 N Harbor City Boulevard, Melbourne, FL 32935

$409,900

For sale waterfront land parcel in Brevard County, Florida with a Melbourne address.

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Waterfront Lot with Dock

000 Us Highway 1, Grant, FL 32949

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0.75 AC lot

Direct waterfront property with dock, zoned for business or residential.

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Waterfront Land on Indian River

2918 Pineapple Avenue N, Melbourne, FL 32935

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0.75 AC lot

Two waterfront lots on Indian River with potential dock space.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 16 Active listings in Melbourne, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Direct Lakefront Homesite

2515 Stillwater Lakes Dr Sw, Palm Bay, FL

$199,000

1.45 AC lot

Direct lakefront parcel inside a gated Stillwater Lakes community with utilities available for custom home construction.

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Waterfront Residential Homesite

6394 S Highway A1a, Melbourne Beach, FL

$800,000

0.50 AC lot

High-and-dry homesite on a barrier island located across the street from the beach.

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Direct Oceanfront Townhome Land Lots

5825 S Highway A1a, Melbourne Beach, FL

$975,000

Adjoining direct oceanfront lots in a four-unit Ocean Dunes enclave, with private beach access and boardwalk to the shore.

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Waterfront Retail Development Land

3370 Dixie Hwy NE, Palm Bay, FL 32905

Contact for pricing

21.83 AC lot

Zoned PUD waterfront land with water-view frontage and ability to subdivide for retail-oriented development.

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Melbourne, FL Waterfront Land Market Trends and Statistics

Explore 16 waterfront land for sale in Melbourne, FL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 768,398 square feet of properties for sale, with an estimated market value of $9,186,900.

Sale prices for water rights properties in Melbourne, FL start at $189,000, averaging $765,575, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 355K

Population Growth (5Y) +9.2%

Median Household Income $80,265

College Educated 31.2%

High-Yield Neighborhoods for Investment

Identify Melbourne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
32934	$350K
32904	$1.1M

Taxes & Financing

Tax Rate (average for all types) 1.44%

Property Tax per SF $22.92 per SF

Tax Rate vs County Average 0.03 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Brevard County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Brevard County

Office

Property Size Breakdown

The majority of commercial real estate listings in Melbourne fall within the 1 to 5 acres range.

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