290 Rita Blvd Melbourne Beach, FL 32951
For Sale
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Motivated Seller - offers encouraged! Seize the opportunity to own a .22-acre cleared vacant lot in the heart of Melbourne Beach, ready for your dream home! This cleared lot comes with city water, a drain field, and an artesian well—a perfect foundation for your future build. As an added bonus, the owner, a custom builder, is offering a $30K credit if you choose to build with him, giving you the option to create a fully customized home or bring your own vision to life. Enjoy an unbeatable location where you can walk, bike, or take a golf cart to the beach, Spessard Holland Park, Flutie Field, and the Ocean Avenue, home to charming shops, restaurants, and the scenic Ryckman Park & Pier. Don't miss this fantastic chance to build in one of Melbourne Beach's most sought-after areas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.