Property profile

1207 Eber Blvd Melbourne, FL 32904

FOR SALE
Land
Property ID
US18-6977080
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Property summary

AI-generated overview

This exceptional 4.67-acre parcel, encompassing 203,425 square feet, presents a unique opportunity for development. Located at 1207 Eber Boulevard in Melbourne, Florida (zip code 32904), this property boasts a highly desirable location. Currently zoned for both commercial and residential use, it offers unparalleled flexibility for a variety of projects. The land is conveniently situated for easy access to shopping, entertainment, and boasts a short 15-minute drive to the beach. City water is readily available, eliminating the need for well installation. The absence of a homeowner's association (HOA) provides additional freedom and flexibility for development plans. This expansive lot presents a blank canvas for building your dream home or developing a commercial venture, capitalizing on the strategic location and the combined residential and commercial zoning. The property's size and zoning make it an attractive investment in a rapidly growing area. This is a rare opportunity to acquire a substantial land parcel in a prime location within Melbourne city limits. The asking price is $439,900.

Property profile

Verified
Property type Land
UPID US18-6977080

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1207 Eber Blvd Melbourne, FL 32904
Melbourne metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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