1008 W H JACKSON ST Melbourne, FL 32901
7,405 Sqft Lot
UPDATED:
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
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
