Average square foot calculated using Size range provided by listing agent.
Description
Rare Downtown Melbourne Development Opportunity | Prime C-3 Zoned Parcel This is your chance to own a signature property in the heart of Downtown Melbourne's thriving commercial core. Positioned directly on E New Haven Avenue—the city's most active and visible corridor—this historic 3, 500 SF quadplex, built in 1900, sits on an expansive 64 ft x 129 ft lot, offering a massive development canvas with unmatched potential. Zoned C-3 (Central Business District), the property allows for a wide range of high-density commercial or mixed-use development, with no setbacks, a 96-ft height allowance, and fully approved plans to convert the building into an income-producing short-term vacation rental quadplex. Alternatively, capitalize on the zoning and reimagine this site as a vibrant mixed-use project, boutique hotel, or a flagship commercial destination in one of the most walkable, high-traffic zones on Florida's booming Space Coast. Surrounded by some of Downtown Melbourne's most iconic bars, restaurants, and retail establishments many with over four decades of history this property is embedded in the city's cultural and economic fabric. The area is experiencing a massive transformation, with several large-scale projects already underway, including new luxury townhomes, waterfront apartment developments, high-end hotels, and a major expansion of Melbourne International Airport. Add to that the influx of companies relocating to the area and the city's multi-phase streetscape beautification initiative, and it's clear: the downtown skyline is changing fast and this property puts you at the center of it all. This is your chance to get in ahead of the explosive growth set to transform Melbournewithin a few years, the downtown skyline will be unrecognizable. Whether you're a visionary developer, savvy investor, or end-user seeking a foothold in one of Florida's fastest appreciating markets, this is a rare, once-in-a-generation opportunity to own a key piece of the Space Coast's next major urban renaissance. Shown by appointment only. Now is your chance.Show Description
MLS® Number1051542
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Ensuite LaundryNo
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GarageNo
Approx. Age1900
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