122 Seagrape Rd Melbourne Beach, FL 32951
This exceptional 20,038 square foot lot, located at 122 Seagrape Road in Melbourne Beach, Florida, presents a rare opportunity for development. Situated in Brevard County, zip code 32951, this .46-acre parcel boasts a coveted location nestled between the Indian River Lagoon and the Atlantic Ocean. Enjoy breathtaking ocean and river breezes in this idyllic setting, perfect for creating a private retreat. The property's commercial and residential zoning allows for diverse development possibilities, catering to both residential and commercial ventures. Imagine building your dream home, a boutique hotel, or a unique commercial space that capitalizes on the stunning natural surroundings. The property's proximity to Sebastian Inlet provides easy access to world-class fishing and surfing. This is an unparalleled chance to own a piece of paradise in Melbourne Beach, offering an exceptional blend of natural beauty and development potential. The asking price for this remarkable property is $349,000. Don't miss this opportunity to secure a piece of Florida's coveted coastline.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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