$400,000
Melbourne, FL 32935
MLS# 844865
Status: Closed
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Property Description
Picture yourself developing this beautiful lot with Indian River deep water and natural Coquina seawall right next door. These 0.91 acres in Palm Shores are currently zoned BU-1, but could be altered with P & Z approval to residential easily. The possibilities are endless! Wonderful high and dry lot, ready to build on!
Details
Maps
Location, Tax, and Legal
Tax Account: 2611661
General County Location: South
Elementary School: Creel
Middle School: Johnson
High School: Eau Gallie
Tax Legal Description: INDIAN RIVER ESTATES VILLAS UNREC PART OF GOVT LOT 3 AS DES IN ORB 1012 PG 231 ALSO KNOWN AS LOT 20 INDIAN RIVER ESTS UN
Directions: Pineda Cswy to US1. Property is 2.5 miles south on the left.
General Property Information
Lot Size Acres: 0.91
Lot Dimensions Source: Public Records
Lot Size Square Feet: 39640
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Indian River
Senior Community YN: No
List Price/Acre: 549450.55
Sold Price/Acre: 439560.44
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Picture yourself developing this beautiful lot with Indian River deep water and natural Coquina seawall right next door. These 0.91 acres in Palm Shores are currently zoned BU-1, but could be altered with P & Z approval to residential easily. The possibilities are endless! Wonderful high and dry lot, ready to build on!
Closing Company Details
Closing Company Address: On Point Title
Current Use
Commercial: 1
Residential: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
USDA Loan: 1
VA Loan: 1
Lot Features
Many Trees: 1
Road Surface Type
Paved: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Connected: 1
Water Source
Public: 1
Waterfront Features
River Front: 1
Historical Information
Public Historical Remarks 3: Contact: List Agent, Zoning: BU-1, Frontage Description: US Highway
Contract Information
Current Price: $400,000
Original List Price: 550000
Sold Price: $400,000
Status: Closed
Listing Contract Date: 2019-05-13
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 4273
Street Direction Prefix: N
Street Name: Highway 1
Street Direction Suffix: N
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 322 - NE Melbourne/Palm Shores
Subdivision Name: Indian River Estates Villas Unrec
Status Change Information
Major Change Timestamp: 2023-11-11T04:31:32Z
Major Change Type: Price Reduced
Price Change Timestamp: 2019-12-01T17:13:01Z
Status Change Timestamp: 2020-06-22
Purchase Contract Date: 2020-06-22
Close Date: 2020-06-22
Close Price: 400000
Property Features
Current Use: Commercial; Residential
Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan
Lot Features: Many Trees
Road Surface Type: Paved
Special Listing Conditions: Standard
Utilities: Electricity Connected
Water Source: Public
Waterfront Features: River Front
Listing Office: MAXLIFE Realty LLC
Last Updated: June - 09 - 2026
Information is deemed to be reliable, but is not guaranteed.