105 Cherry St Melbourne, FL 32901
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 105 Cherry St
- Property type
- Commercial real estate
Description
This exceptional 7,405 square foot commercial and residential lot is ideally situated at 105 Cherry Street in Melbourne, Florida, zip code 32901. Priced at $79,900, this property offers significant advantages for developers and builders. The lot is conveniently located just a six-minute drive from the Ballard Park boat ramp and a ten-minute drive from a nearby beach park in Indialantic. Infrastructure is already in place, saving considerable time and expense during the construction phase. Melbourne Water and a meter are installed, along with a sewer lateral and a fiber optic hub. This ready-to-build status significantly streamlines the development process. Beyond its immediate surroundings, this property enjoys proximity to a wealth of attractions and amenities. It's a short distance from the beaches, Port Canaveral, Cocoa Beach, Sebastian Inlet, Disney World, Viera, Vero Beach, upscale shopping centers, airports, the Brevard Zoo, and the Kennedy Space Center. This strategic location offers unparalleled access to both recreational opportunities and major transportation hubs, making it an attractive investment for a variety of development projects. The property's dual commercial and residential zoning provides flexibility for diverse development plans.
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
- -80.6194491
- Latitude
- 28.0995817
