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$1,300,000
14 Beds ⋅ 12 Baths ⋅ 1044479 MLS
NOW READY-BRAND NEW CONSTRUCTION- QUADPLEX WITH NO RENTAL RESTRICTIONS! Exceptional investment opportunity with strong income potential from long-term leases, furnished rentals, or Airbnb. Ideal for FIT students, travel nurses, or corporate tenants. Two end cap units feature 4 beds, 2.5 baths, loft, 1-car garage, and a first-floor Primary Suite with over 1,800 sq. ft. The other two interior units includes 3 beds, 2.5 baths, 1-car garage, and over 1,600 sq. ft. Quality Construction: concrete block construction, impact windows, stone accents, covered porches, and luxury finishes throughout. Each townhome is individually deeded, providing flexibility for future resale or financing options. Whether you're an investor or a multi-generational buyer, this quadplex is a rare find offering both quality and versatility.

207-237 Hidden Woods Place, Melbourne
$1,395,000
2 Beds ⋅ 1 Baths ⋅ 1043978 MLS
This property offers the perfect opportunity for a downtown Airbnb, already partially remodeled with key upgrades including new ductwork, electrical, flooring, walls, ceilings, lighting, and fixtures. With its prime location and modern touches already in place, this gem is just waiting for the final finishing touches to make it a standout investment. Currently improved with a single-family residence constructed in 1926, the existing structure comprises approximately 1,400 square feet with 2 bedrooms and 1 bathroom. While the home remains intact, the highest and best use of the property is as a premier development site. The zoning designation allows for significant vertical development potential, with no setback requirements and a maximum building height of up to 96 feet. Conceptual capacity includes the ability to construct up to 36 residential units integrated with ground-floor commercial mix use. The zoning designation allows for significant vertical development potential, with no setback requirements and a maximum building height of up to 96 feet. Conceptual capacity includes the ability to construct up to 36 residential units integrated with ground-floor commercial mix use. The property is located within a highly walkable, amenity-rich environment surrounded by upscale retail, popular dining establishments, and recently completed mixed-use developments all contributing to sustained pedestrian traffic and urban vitality. Strategically located just three miles from the Melbourne Orlando International Airport currently undergoing a multi-million-dollar terminal and runway expansion the site benefits from its proximity to major infrastructure investments. Additionally, surrounding developments such as the new Margaritaville resort and multiple luxury residential projects within a two-mile radius further underscore the area's momentum and long-term growth prospects. The site also includes a 15-foot-wide service alley that provides continuous access between Vernon Place and Waverly Place. This through-access enhances logistical efficiency for future loading, service vehicles, and other back-of-house functions, increasing the development's operational flexibility. This offering represents more than just a redevelopment opportunityit is a pivotal investment in the future of Downtown Melbourne, serving as a potential cornerstone within the broader transformation of the Space Coast's most vibrant commercial and residential corridor.

2106 Vernon Place, Melbourne
$1,395,000
1 Baths ⋅ 1043769 MLS
A rare opportunity in the dynamic heart of Downtown Melbourne, this 0.36-acre C-3 zoned property offers one of the area's premier mixed-use development prospects. The site allows for up to 36 residential units above ground-floor commercial space, ideal for retail, office, restaurant, or other active uses that complement the urban fabric. Positioned in a highly walkable, amenity-rich district, the site is surrounded by upscale retail, popular restaurants, and recently completed mixed-use developments that continue to drive consistent foot traffic and urban vibrancy. Zoned C-3, the property supports a broad range of high-demand uses including multi-family residential, office, retail, restaurant, or hospitality. With no setback requirements and a generous height allowance of up to 96 feet, the site offers exceptional vertical development potential—making it an ideal canvas for a dynamic, high-density project. Whether envisioned as ground-floor boutique retail with luxury residences above, or a vibrant commercial destination tailored to serve the growing downtown population, this property provides a unique opportunity to shape the future of one of Florida's most promising urban markets. Further enhancing long-term value is the site's proximity just three miles from Melbourne Orlando International Airport, which is currently undergoing a multi-million terminal and runway expansion. Combined with significant nearby investments, including the newly funded Margaritaville development and multiple luxury residential projects within a two-mile radius, the area is poised for continued economic growth and demand. An additional feature that enhances both functionality and flexibility is the presence of a 15-foot-wide service alley that runs continuously from Vernon Place to Waverly Place. This through-access configuration offers ideal ingress and egress for service vehicles, loading, and back-of-house operations adding further appeal for future commercial or mixed-use development. This is more than a development site it is a strategic gateway to opportunity in the heart of the Space Coast's most exciting downtown corridor.

2106 Vernon Place, Melbourne
$148,900
2 Beds ⋅ 2 Baths ⋅ 1042609 MLS
Best of Garrett's Run! Parking right outside your door, views of the pool and close to a fantastic on-site workout facility. Light and bright - roof was new in 2022, and condo association is one of the best run in Brevard. NEW CARPET. A/C service in 2024, solid surface counters, screened porch, and access to the best dining and entertainment that Melbourne has to offer - and well-under $200K - WHAT A DEAL TO BE IN THE SUNSHINE STATE!

7817 Shadowood Drive Unit 210, Melbourne
$350,000
1040381 MLS
Prime Buildable Lot in Desirable Melbourne Location! This spacious 2.4-acre wooded lot offers endless possibilities for one or more homes in a highly sought-after area of Melbourne. Located conveniently between Aurora Road and White Road, the property provides easy access from both sides—perfect for creating a custom entrance on either or both roads. The land is currently uncleared, giving you a blank canvas to bring your vision to life. Utilities have not been connected, city water and sewer are available. Don't miss this incredible opportunity! Sellers will consider short term owner financing. Owners are licensed Florida Realtors.

0001 Aurora Road, Melbourne
$2,250,000
1 Baths ⋅ 1039392 MLS
Prime Midtown Melbourne Development Opportunity - $2.25M Exciting new plans, approvals, and a full build-out are now available for the addition of new gas tanks, four gas pumps with eight nozzles at this premier location. Strategically positioned in Midtown Melbourne, between the Eau Gallie and Melbourne Causeways, this C-2 Commercial zoned property boasts 150 feet of frontage on Babcock St. with a high traffic count of 21,000 AADT. Melbourne and Florida's Space Coast are experiencing exponential growth, driven by an influx of highly skilled, well-paid professionals. The area's appeal continues to rise due to no state income tax, corporate tax incentives, mergers, and a thriving start-up ecosystem. With multiple major residential and commercial developments planned for Downtown Melbourne, the future of this rapidly expanding market looks exceptionally bright. Don't miss this rare investment opportunity!

429 S Babcock Street, Melbourne
$275,000
1038299 MLS
This ''lot'' is one of 9 lots that are all relatively identical. These lots are designed to fit four office condo units with a total area of 5,041 s.f. per building. Each condo unit (4 proposed in each building) could have a size of 1,260 s.f. each or any permutation of that multiple. This Lot has all parking, retention, water and sewer stub out and are flat and level and cleared. They are ready for development of a 5,041 s.f. building. This is a perfect location for a medical use since the hospital is located 2.3 miles or 6 minutes by car. The complex is well maintained and managed. Other owners/tenants include dentist, doctors, massage therapy, lawyer, insurance company, and Realtor. Amazing opportunity to own a free standing office building in the center of town with much of the work of development already completed. There are a total of 10 lots with 9 lots designed for 5041 s.f. buildings and one of approx. 7500 s.f. Asking price is for 1 lot for 5041 sf. blding. All avail.

330 N Babcock Street, Melbourne
$1,550,000
7 Baths ⋅ 1033567 MLS
Meticulously maintained mixed-use building featuring FIVE apartments and TWO retail spaces. With annual income of gross income of $122,552, blending both residential and commercial income, gross and NNN, this property offers a diverse and stable revenue stream. The building has undergone extensive recent renovations, including a roof replacement, fresh paint, new impact-rated windows, a new front patio, landscaping improvements, parking lot replacement, and new air conditioning units. These comprehensive upgrades position the property for long-term, profitable holding with minimal near-term capital expenditures.

620 E New Haven Avenue, Melbourne
$195,000
1031808 MLS
Prime Buildable Lot in Desirable Melbourne Location! This spacious 1.2-acre wooded lot offers endless possibilities for one or more homes in a highly sought-after area of Melbourne. Located conveniently between Aurora Road and White Road, the property provides easy access from both sides—perfect for creating a custom entrance on either or both roads. The land is currently uncleared, giving you a blank canvas to bring your vision to life. Utilities have not been connected, city water and sewer are available. Don't miss this incredible opportunity! Owners are licensed Florida Realtors.

Aurora Road, Melbourne
$950,000
2 Baths ⋅ 1019691 MLS
High Visibility!, 3 Street/Road Access & Location!, Location! Location! This is what every Business needs. The opportunity exists on this parcel for many small or large companies to grow and flourish with room to expand. 1.05 acre with 98% fully fenced lot with four access gates extra features paving concrete 6562 Asphalt 10048 Currently C-2 Zoning Freestanding pylon sign with great visibility. Large covered awning on front of building covering both front entrances. A little customizing of this property to your companies needs & your on your way to bringing income in. If you don't need the entire building possibly split and rent half.

2815 S Harbor City Boulevard, Melbourne
$849,900
1 Baths ⋅ 1008270 MLS
Back on market—buyer financing fell through. This 1-acre site offers 300' of US-1 frontage and was unanimously approved by City Council for conditional use as a micro brewpub & brick oven pizzeria. Located in the Downtown S Expansion area with access on three sides: direct US-1, rear, and side alley. Current C-2 zoning (business, retail, many uses) under the Live Local Act allows up to 100 units per acre at 8 stories. 2,400 SF showroom potential; 7,120 SF total covered. 3-phase power; three ~10' roll-up doors. Opportunity & HUB Zone. Future Land Use C-3 (maximum density). 2023 traffic count: 36,180. The exciting new US-1 streetscape project has started, enhancing curb appeal and long-term value. <1/4 mile to Riverview Park/Indian River Lagoon; 3 miles to beach; 4 miles to MLB; 2 miles to Florida Tech. *All offers considered.

2808 S Harbor City Boulevard, Melbourne
$1,280,000
1 Baths ⋅ 970373 MLS
PRICE REDUCTION!!! This is a great business opportunity!! The 653 East University property is presently a functioning convenience store and gas station. The business is also being sold with the real estate. The zoning allows for residential development, office, medical and retail. It is currently classified as C-1 Neighborhood Zoning Commercial. This property is conveniently located within 3/4 miles of the Florida Institute of Technology University and Downtown Melbourne. The main corridor is well traveled and centrally located. The City of Melbourne estimates that there are approximately 10,000 or more vehicles that passes a day. Buyer to verify. This property is located in the South Melbourne Community and conveniently also service the neighborhood. This is a prosperous business. Financial information is available upon request.

653 E University Boulevard, Melbourne
$425,000
872593 MLS
This is a rare opportunity to build to suit within one of Melbourne's most strategically positioned professional parks -- directly in the heart of the Space Coast's high-tech corridor. Pad D is the last available pad in NASA Palms Professional Center, making it a singular opportunity for the right business or investor. The 6,000-square-foot condo pad is ready to build, with a developer-approved shell design that ensures your finished building complements the established professional character of the park. The developer is available to assist with the design and build process, making this a genuinely accessible path to owning your business's address rather than leasing it. The location is exceptional for any business that benefits from proximity to Brevard's aerospace and defense ecosystem. Northrop Grumman, GE, L3Harris, Rockwell Collins, and Extant Aerospace are all within close reach, as is Melbourne International Airport. Traffic counts of 18,120 cars per day confirm this corridor's visibility and accessibility, with a daytime employment base exceeding 55,000 workers within three miles and nearly 87,000 within five. For healthcare and medical-adjacent businesses, the address is particularly compelling. The property sits between two of Melbourne's major hospital systems -- Orlando Health approximately 2.5 miles to the west and Health First approximately 2 miles to the east -- with Health First's Gateway Facility directly adjacent. Healthcare spending within five miles currently exceeds $99 million annually, reflecting the depth of the patient population this corridor serves. " 6,000 SF condo pad | sale price $425,000 ($70.83/SF) " Last available pad in NASA Palms Professional Center " Lease also available | rate negotiated based on plans and terms " C-2 zoning | City of Melbourne " 5 spaces per 1,000 SF common parking " Developer design/build assistance available " Adjacent to Health First Gateway Facility " 18,120 cars/day traffic count Whether your goal is to build your business's permanent home or structure a long-term lease, I'd be happy to walk you through the options and help you evaluate the right path forward.

1100 Broadband Drive, Melbourne