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Property profile & analytics
OFF-MARKET
Land

2711 Harbor City Blvd Melbourne, FL 32935

10.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.88-acre commercial and residential land parcel presents a unique redevelopment opportunity in Melbourne, Florida's desirable Eau Gallie area. Located at 2711 N. Harbor City Blvd, the property boasts dual street access, offering approximately 270 feet of frontage on US Highway 1 and approximately 580 feet along Pineapple Avenue. Currently improved with a 25,000 square-foot church and school, the site has been cleared and mowed, and utilities including water and sewer are readily available. The property is zoned for Institutional use, providing flexibility for a variety of development projects. This rare large-scale site is situated in a rapidly growing area of Central Florida's east coast, making it an ideal investment for developers seeking a prime location with significant potential for high returns. The strategic location and substantial size offer unparalleled possibilities for residential or commercial development, or a mixed-use project. The existing structures could be repurposed or removed to accommodate a new vision. This is a truly exceptional opportunity to capitalize on the burgeoning growth of Melbourne, Florida. The asking price is $6,500,000. The property's address is 2711 N. Harbor City Blvd, Melbourne, FL 32935, within Brevard County.

Property profile
Verified
Property type Land
Lot 10.88 ac (473,933 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Harbor City Baptist Church Church
  • Good Shepard Ministry Charitable Organization Volunteer Organization
  • Pietas Classical Christian High School
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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