3400 Lakewood Dr Melbourne, FL 32904
- Commercial real estate
- 4.03 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3400 Lakewood Dr
- Lot size
- 4.03 lot acres
- Property type
- Commercial real estate
Description
This exceptional 4.03-acre residential development opportunity in Melbourne, Florida, consists of four non-contiguous parcels situated on Lakewood Drive, South Lakewood Drive, Denton Drive, and Henry Avenue in Brevard County (zip code 32904). The property includes a mix of vacant and partially improved land. Parcel 1 features a 1,280+- square foot metal outbuilding, an 832+- square foot carport, and a 960+- square foot detached garage, totaling 0.54+- acres. Parcels 2-4 are heavily wooded, ranging from 0.24+- to 1.60+- acres. Parcel sizes vary; Parcel 2 is 0.51+- and 0.89+- acres, Parcel 3 is 0.24+- and 0.25+- acres, and Parcel 4 is 0.63+- and 0.97+- acres. Zoning is primarily R-1A and R-1AA, with some areas zoned P-1. Note that a rezoning and Comprehensive Land Use change may be required for consistent zoning and future development, per the City of West Melbourne Planning Department. The city currently does not approve zoning changes for multifamily development. South Lakewood Drive, bisecting the property, is undeveloped and would require improvements to county road standards, including a culvert, for access to some parcels. City water and sewer are available, but extensions would be necessary. Mains are located along Lakewood Drive, Henry Avenue, and Denton Drive. Prospective buyers should contact the City of West Melbourne Utility Division and Planning Department for detailed information. Parcel numbers are: 28-37-05-00-779, 28-37-05-00-762, 28-37-05-00-760, and 28-37-05-00-776. Asking price: $895,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6412111
- Latitude
- 28.073252
