600 Tucker St Melbourne, FL 32901
This exceptional 4,356 square foot vacant lot presents a rare opportunity for development in the desirable city of Melbourne, Florida. Located at 600 Tucker Street, this property boasts a prime corner location within an established neighborhood, offering unparalleled convenience and accessibility. Its strategic position provides easy access to a wealth of amenities, including the Florida Institute of Technology, a variety of shopping centers, restaurants, and area schools. Residents will also appreciate the short commute to the vibrant Historic Downtown Melbourne, the picturesque Indian River, and the beautiful area beaches. The property is zoned for both commercial and residential use, opening up a wide range of development possibilities for savvy investors. This versatile lot allows for the creation of a mixed-use development, catering to a diverse range of needs and preferences. The asking price for this remarkable property is $25,000. Furthermore, financing options are available through Seacoast Bank for those seeking vacant land loans for either a primary or secondary residence. Don't miss this chance to acquire a highly sought-after piece of land in a thriving Florida community. Act quickly, as opportunities like this are seldom available.
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
Similar Nearby for Lease
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.