2059 Barracuda Ave Melbourne Beach, FL 32951

This exceptional 9,148 square foot commercial lot is situated in the desirable Riviera Estates of Melbourne Beach, Florida (zip code 32951). Priced at $350,000, this property presents a unique investment opportunity. The lot currently features a three-bedroom, one-bathroom, single-family home with a one-car garage constructed of solid block. This existing structure offers potential for rehabilitation and repurposing, making it ideal for a starter home or investment property. Its convenient location offers easy access to a variety of amenities, including a community fishing pier/dock, the Flutie Athletic Complex, Spessard Holland North Beach Park and Golf Course, and is less than a mile from Ocean Avenue and Ryckman Park. Riviera Estates provides residents with river access, a dock, and a boat launch. The property is also within walking distance of the highly-rated Gemini Elementary School. The voluntary homeowner's association fee is only $35 per year. This property's combination of location, size, and existing structure makes it a compelling investment in a quiet coastal community. The property's latitude and longitude coordinates are 28.055433, -80.5569744 respectively.