$1,800,000
Melbourne, FL 32901
MLS# 891469
Status: Closed
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Property Description
Once in a lifetime opportunity to develop up to 32 Luxury units on the Crane Creek waterway in Downtown Melbourne with direct access to the Indian River & Atlantic Ocean. Nestled in the heart of Downtown Melbourne's vibrant commercial and nightlife district, buildable land is limited, and this is the ONLY available multi-family/ townhome opportunity on the market! This exclusive listing includes 3 side-by-side parcels (801, 805, 809) for a total of 2.21 Acres, zoned R3, and positioned on Melbourne Avenue with over 269 Feet of direct water frontage on Crane Creek. This property rests 13 feet above sea level with over 2,000 yards of fresh fill waiting for development! Property Memorandum available upon request.
Details
Maps
Location, Tax, and Legal
Tax Account: 2817330
Parcel Number: 28-37-03-Fd-00048.0-000c.00
General County Location: South
Elementary School: University Park
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 5556.58
Tax Year: 2020
Tax Legal Description: POWELLS RESUBD OF MELBOURNE LOT C BOUNDED ON E BY LOT D & W BY LOT B BLK 48
Directions: Head west on Melbourne Ave. Lots will be on the left once you pass Vernon Place.
General Property Information
Number Of Lots: 3
Lot Size Acres: 2.21
Lot Size Square Feet: 45738
Association YN: No
Property Use: 00 / VACANT RESIDENTIAL LAND (MULTI-FAMILY, PLATT
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Crane Creek
Water Frontage Feet: 269
Senior Community YN: No
List Price/Acre: 882352.94
Sold Price/Acre: 814479.64
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Once in a lifetime opportunity to develop up to 32 Luxury units on the Crane Creek waterway in Downtown Melbourne with direct access to the Indian River & Atlantic Ocean. Nestled in the heart of Downtown Melbourne's vibrant commercial and nightlife district, buildable land is limited, and this is the ONLY available multi-family/ townhome opportunity on the market! This exclusive listing includes 3 side-by-side parcels (801, 805, 809) for a total of 2.21 Acres, zoned R3, and positioned on Melbourne Avenue with over 269 Feet of direct water frontage on Crane Creek. This property rests 13 feet above sea level with over 2,000 yards of fresh fill waiting for development! Property Memorandum available upon request.
Closing Company Details
Closing Company Name: Foundation Title & Settlement Services, LLC
Closing Company Address: 2425 Pineapple Ave., Suite 408 Melbourne, FL 32935
Current Use
Mixed Use: 1
Multi-Family: 1
Single Family: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Special Listing Conditions
Standard: 1
Waterfront Features
Creek: 1
Showing Requirements
Call Listing Agent: 1
Historical Information
Public Historical Remarks 3: Zoning: R3, Frontage Description: City Road, Number of Lots: 3.00
Contract Information
Current Price: $1,800,000
Original List Price: 1950000
Sold Price: $1,800,000
Status: Closed
Listing Contract Date: 2020-12-01
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 809
Street Direction Prefix: E
Street Name: Melbourne
Street Suffix: Avenue
Street Direction Suffix: E
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Powells Resubd of Melbourne
Status Change Information
Major Change Timestamp: 2021-05-10T19:31:36Z
Major Change Type: Status Change
Status Change Timestamp: 2021-05-10
Purchase Contract Date: 2021-01-23
Close Date: 2021-05-07
Close Price: 1800000
Property Features
Current Use: Mixed Use; Multi-Family; Single Family
Listing Terms: Cash; Conventional
Lot Features: Cleared
Possession: Close Of Escrow
Road Surface Type: Paved
Showing Requirements: Call Listing Agent
Special Listing Conditions: Standard
Waterfront Features: Creek
Listing Office: Dale Sorensen Real Estate Inc.
Last Updated: July - 14 - 2025
Information is deemed to be reliable, but is not guaranteed.