2319 Stone St Melbourne, FL 32901-5558

Prime 7,405 square foot commercial land parcel located at 2319 Stone Street in Melbourne, Florida, 32901. This property offers exceptional investment potential with its highly desirable C-3 Mixed-Use zoning, allowing for a wide range of development options. The site is ideally suited for multifamily development (up to 34 units), office/retail space, residential construction, or self-storage facilities. Utilities are readily available. An additional 0.10 acres is confirmed by the city and available at the rear of the lot, contingent upon completion of a simple abandonment and vacate form (available in the provided documents). This location benefits from its inclusion in a community redevelopment area, potentially unlocking financial incentives for development projects. The property's proximity to Crane Creek (less than 600 feet) and the Melbourne Causeway (less than half a mile) adds to its appeal. The asking price is $140,000. Surrounding development projects further enhance the investment opportunity. Detailed supporting information is available in the provided documents.