1008 W H JACKSON ST new Save Request In-Person Tour Request Virtual Tour
Melbourne,FL 32901
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Metcalfs Unrec Sub
MLS Listing ID S5129436
HOA Y/N No
Annual Tax Amount $4,158
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 35x153
Property Sub-Type Commercial
Source Stellar MLS
Property Description
Exceptional Development Opportunity in Downtown Melbourne!
This shovel-ready multifamily project comes with full city approvals and demolition scheduled to begin in the coming days of August 2025. The sale includes a prime lot with a 1-year valid permit for both demolition and construction of a 10-unit apartment building (8 units of 2 bed / 2 bath and 2 units of 1 bed / 1 bath) plus 14 parking spaces, an elevator, and modern landscaping.
Avoid the lengthy approval process — this is a turnkey project ready to break ground immediately. With projected gross annual rental income exceeding $250,000 and strong rental demand in Melbourne's growing downtown, investors can expect an attractive return.
Whether you are a local builder or an out-of-state investor, this is a rare chance to secure a premium development site in one of Florida's most dynamic growth markets. All approved plans, permits, and documentation will transfer to the buyer at closing.
Act now — ready to build, ready to profit!
Location
State FL
County Brevard
Community Metcalfs Unrec Sub
Area 32901 - Melbourne
Zoning MIXED USE
Exterior
Community Features Street Lights
Utilities Available Electricity Available,Public,Sewer Available,Underground Utilities,Water Available
Building
Lot Description Buildable
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Schools
Elementary Schools Cape View Elementary School
Middle Schools John F. Kennedy Middle School
High Schools Cocoa Beach Junior/Senior High School
Others
Ownership Fee Simple
Acceptable Financing Cash,Conventional,FHA,USDA Loan,VA Loan
Listing Terms Cash,Conventional,FHA,USDA Loan,VA Loan
Special Listing Condition None