308 Strawbridge Ave Melbourne, FL 32901
- Commercial land
- 824 SF
- 0.42 lot acres
Current Use by Public Records
- Commercial land
Property Details for 308 Strawbridge Ave
- Year built
- 1920
- Lot size
- 0.42 lot acres
- Property size
- 824 SF
- Zone code
- RP
- Property type
- Commercial land
- APN
- 28-37-03-33-00003.0-0004.00
- APU
- 9223372036854775807
Description
This exceptional .42-acre commercial lot, encompassing 18,295 square feet, presents a prime investment opportunity in the thriving heart of downtown Melbourne, Florida. Located at 308 E Strawbridge Avenue, zip code 32901, this property enjoys a high-traffic location ideal for a diverse range of businesses. Its strategic position offers excellent visibility and accessibility, placing it within walking distance of numerous successful businesses. The property's zoning allows for multiple commercial uses, making it suitable for a variety of entrepreneurial ventures. The asking price is $539,000. This property is classified as land and multifamily, specifically a duplex/triplex/quadruplex. The significant lot size provides ample space for development, and there's a potential opportunity to acquire adjacent land from the current owner, expanding the potential scope of the project. This is a rare chance to establish a business in a rapidly growing area of Melbourne, benefiting from the city's robust economy and convenient location. The property's address is easily accessible and visible from a major thoroughfare. This location offers significant potential for high returns on investment. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6152
- Latitude
- 28.0798
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
