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Property profile & analytics
OFF-MARKET
Land

2900 Grant St Melbourne, FL 32901

Property ID
Property summary
AI-generated overview

This exceptional 17,424 square foot commercial and residential land parcel presents a unique investment opportunity in the heart of Melbourne, Florida. Located at 2900 E Grant Street, this gorgeous corner lot (lots 325, 326, and 327) boasts a highly desirable location, close to an array of amenities including shops, restaurants, downtown Melbourne, fitness centers, and the beautiful beaches. The property is zoned to allow for the construction of three single-family homes, making it ideal for developers or investors seeking to capitalize on the strong residential market. City water and sewer services are readily available, simplifying the development process. The property's address is 2900 E Grant Street, Melbourne, FL 32901, situated in Brevard County. Its precise coordinates are latitude 28.065248 and longitude -80.609212. This prime location and zoning flexibility offer significant potential for future growth and return on investment. The asking price for this remarkable property is $89,700. Don't miss this chance to acquire a highly sought-after piece of land in a thriving Florida community.

Property profile
Verified
Property type Land
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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