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$3,200,000
5 Baths ⋅ 1054189 MLS
Built in 2003 and impeccably maintained, this Class A asset offers over 5,000 SF of total space, including nearly 3,000 SF of turnkey, street-level office space with five exclusive off-street parking stalls in a secured rear lot. Above the commercial space are two upscale 1,250 SF luxury residential units — a rare dual-income configuration that combines multi-family and commercial potential in one property. Featuring all new flooring, commercial-grade impact windows, underground electrical, and more, the property is further enhanced by a modern metal roof and quality construction. Zoned C-3, this highly flexible property allows for a wide range of uses and presents an exceptional value-add opportunity for savvy investors seeking both stability and long-term growth in one of the most desirable locations in downtown Melbourne. Premium Mixed-Use Investment Opportunity in the Heart of Downtown Melbourne. This is a fantastic investment — just steps away from everything downtown.

2012 Vernon Place, Melbourne
$3,900,000
4 Baths ⋅ 1051895 MLS
Positioned in the heart of Downtown Melbourne's vibrant business district, this premier 13,765-square-foot commercial building offers an unparalleled opportunity. Extensively remodeled in 2016, it boasts top-of-the-line updates, including new electrical systems, A/C units, hurricane-impact windows and doors, and premium fixtures and finishes throughout. Designed with precision and maintained by dedicated tenants, this Class-A property features thoughtfully separated showrooms, office space, a fully equipped kitchen, and warehouse areas with a convenient loading dock. Occupying a .77-acre lot that spans a full city block, this property provides dual access from Waverly Place and Vernon Place, maximizing functionality with abundant parking—an invaluable asset in Downtown. This sale includes the real estate only, presenting a rare chance to acquire a prime, income-generating asset in a highly sought-after market.

2015 Waverly 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