Residential

Melbourne, FL Residential Land & Home Lots for Sale

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West Melbourne, FL Palm Bay, FL Indialantic, FL Melbourne Beach, FL Malabar, FL Indian Harbour Beach, FL Satellite Beach, FL
73 properties
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Commercial Land with Highway Frontage
Updated: Jun 30
Commercial Land with Highway Frontage

Grant Valkaria, FL 32949

$1,000,000
4.75 AC lot
Approximately 4.75‑acre property in Grant‑Valkaria with 350 ft of frontage on Highway 1.
Frontage along a highly traveled north‑south corridor on Highway 1 with cable available.
Water source is a well; sewer is a septic tank.
Flexible use for a custom residence, workshops, equipment storage, parking, additional structures, or expansion (subject to local zoning/approvals).
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Corner-Location Commercial Land
Updated: Jul 15
Corner-Location Commercial Land

0000 Lake Washington Road, Melbourne, FL 32935

$629,900
High‑exposure corner location at Lake Washington Road and Stewart Road
Suitable for multi‑family or light commercial/mixed‑use development
Convenient location close to major necessities
Convenient location close to major amenities
Great opportunity for development
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Cleared Residential Development Land
Cleared Residential Development Land

7485 Sheridan Road, Melbourne, FL 32904

$649,900

Nearly two acres of cleared, residential-zoned land with utilities prepared and access from two roads.

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Cleared Residential Development Land
Cleared Residential Development Land

7485 Sheridan Road, Melbourne, FL 32904

$649,900
84,506 sqft 2.00 AC lot

Almost two acres of cleared, utility-prepared land zoned for residential entry from two roads.

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Residential Land with River Access
Residential Land with River Access

Grant Valkaria, FL 32949

$550,000
1.58 AC lot

1.58 acres of residential land with direct river access.

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Agricultural Land Parcel
Agricultural Land Parcel

W Florida Avenue, Melbourne, FL 32904

$525,000
3.95 AC lot

Nearly 4 acres of agricultural land with a tree-lined east boundary and north fencing, accessed from W. Florida Avenue.

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Prime Melbourne Acreage on Dairy
Prime Melbourne Acreage on Dairy

2561 Dairy Road, Melbourne, FL 32904

$275,000
1.34 AC lot

1.34-acre lot ideal for building or investment in Melbourne.

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Infill Development Land Opportunity
Infill Development Land Opportunity

0000 Post Rd, Melbourne, FL 32934

$825,000
8.92 AC lot

Nearly 9 acres of infill land made up of two contiguous parcels, zoned RU-2-6 for up to 15 units per acre.

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Melbourne Multifamily Development Opportunity
Melbourne Multifamily Development Opportunity

2912 Main Street, Melbourne, FL 32901

$397,500
0.66 AC lot

Approved multifamily lot for eight townhouses in Melbourne, Florida.

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Vacant Land in Melbourne, FL
Vacant Land in Melbourne, FL

50 Elton Street, Melbourne, FL 32935

$209,000
0.37 AC lot

Vacant land with pre-approved townhouses near beach and downtown.

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Multifamily Development Land
Multifamily Development Land

4038 S Babcock Street, Melbourne, FL 32904

$7,950,000
12.62 AC lot

Contiguous multifamily development site approved for 300 residential units under the Live Local Act.

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Acreage with Six-Stall Barn
Acreage with Six-Stall Barn

3900 MIAMI Avenue, Melbourne, FL 32904

$489,000
2.51 AC lot

2.51-acre AU-zoned property with a six-stall barn, fencing, and an artesian well for equestrian water needs.

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Land, Melbourne, FL
Land, Melbourne, FL

3473 Kent Drive, Melbourne, FL 32935

$139,000
0.41 AC lot

Land · 0.41 Acres

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Multifamily Lot Approved for Development
Multifamily Lot Approved for Development

2912 Main Street, Melbourne, FL 32901

$397,500
28,750 sqft 0.66 AC lot

Approved multifamily lot suitable for constructing eight townhouse units.

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Land, Grant-Valkaria, FL
Land, Grant-Valkaria, FL

Grant Valkaria, FL 32950

$100,000
1.05 AC lot

Land · 1.05 Acres

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Land, Melbourne, FL
Land, Melbourne, FL

7953 Galikova Way, Melbourne, FL 32940

$235,000
0.39 AC lot

Waterfront Land · 0.39 Acres

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Zoned Residential Vacant Land
Zoned Residential Vacant Land

2845 Sunset Road, Melbourne, FL 32904

$115,000
22,651 sqft 0.50 AC lot

Vacant residential-zoned land near Rhodes Park, located between New Haven Avenue and Palm Bay Road.

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Land, Grant-Valkaria, FL
Land, Grant-Valkaria, FL

Grant Valkaria, FL 32949

$120,000
1.32 AC lot

Land · 1.32 Acres

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Waterfront Residential Land Parcel
Waterfront Residential Land Parcel

6810 Indian River Lagoon Scenic Hwy, Grant Valkaria, FL 32949

$529,000
1.58 AC lot

Residential land parcel with direct Indian River access, suited for building or investment opportunities.

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Land, Melbourne, FL
Land, Melbourne, FL

3200 Aurora Road, Melbourne, FL 32934

$995,000
11.59 AC lot

Land · 11.59 Acres

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Gated Residential Home Site
Gated Residential Home Site

4889 Commune Way, Melbourne, FL 32934

$140,000
14,810 sqft 0.34 AC lot

Large gated home site offers space to build within a community setting.

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LAND - Melbourne, FL
LAND - Melbourne, FL

11 Emerald Street, Melbourne, FL 32904

$60,000
0.17 AC lot

Land · 0.17 Acres

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Gated Residential Home Site
Gated Residential Home Site

4834 Commune Way, Melbourne, FL 32934

$140,000
14,810 sqft 0.34 AC lot

A large .34-acre residential lot in a gated community, offered for new home construction.

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Wooded Commercial Building Lot
Wooded Commercial Building Lot

Grant, FL 32949

$159,000
1.09 AC lot

Over one acre lot zoned commercial in Grant, Florida.

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Melbourne, FL Residential Land & Home Lots Market Trends and Statistics

Explore 73 residential land & home lots for sale in Melbourne, FL, showcased through 73 active listings on our real estate platform. These investment opportunities span a total of 4,404,787 square feet of properties for sale, with an estimated market value of $25,932,597.

Sale prices for home sites in Melbourne, FL start at $34,999, averaging $432,209, and reaching up to $7,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 85
Residential land & home lots 70
Waterfront Land 18
Industrial land 15
Agricultural land / Farmland 2

Demographics Overview

Population 355K
Population Growth (5Y) +9.2%
Median Household Income $80,265
College Educated 31.2%

High-Yield Neighborhoods for Investment

Identify Melbourne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32940 $67.5K
32901 $218.8K
32934 $350K
32904 $419K
32935 $429K

Taxes & Financing

Tax Rate (average for all types) 1.44%
Property Tax per SF $22.92 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Brevard County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Brevard County

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Property Size Breakdown

The majority of commercial real estate listings in Melbourne fall within the 1 to 5 acres range.

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