$295,000
Melbourne, FL 32901
MLS# 929446
Status: Closed
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Property Description
Jackpot investment opportunity! Situated in a quiet, centrally located area, this 2.5-acre Melbourne spread has several construction options. Build 2-6 single-family homes, or produce multi-family housing for up to 15 units. The vacant land can be accessed from 2 separate roads. Just around the corner is Babcock St., offering a host of stores, restaurants, other retail businesses & medical services. A 3-minute drive takes you to Palm Bay Rd., another vibrant corridor presenting a Walmart Supercenter, access to I-95 & Hammock Landing, an open-air shopping & dining destination full of great choices. The highly esteemed Florida Institute of Technology is a 4-minute commute & public transportation is nearby. The shores of the Indian River are 7 minutes & the beaches are 14 minutes away!
Details
Location, Tax, and Legal
Tax Account: 2830788
General County Location: South
Tax Legal Description: S 1/2 OF S 1/2 OF W 1/2 OF LOT 31 OF FLA INDIAN RIVER LAND CO SUBD PER PB 1 PG 164
Directions: From I-95, go east on Palm Bay Rd. Left on Babcock St, left on Lake In the Woods Dr, left on Beck Lake Tr. Address is at the end of the road to the right.
General Property Information
Association YN: No
Water Body Access YN: No
Senior Community YN: No
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Jackpot investment opportunity! Situated in a quiet, centrally located area, this 2.5-acre Melbourne spread has several construction options. Build 2-6 single-family homes, or produce multi-family housing for up to 15 units. The vacant land can be accessed from 2 separate roads. Just around the corner is Babcock St., offering a host of stores, restaurants, other retail businesses & medical services. A 3-minute drive takes you to Palm Bay Rd., another vibrant corridor presenting a Walmart Supercenter, access to I-95 & Hammock Landing, an open-air shopping & dining destination full of great choices. The highly esteemed Florida Institute of Technology is a 4-minute commute & public transportation is nearby. The shores of the Indian River are 7 minutes & the beaches are 14 minutes away!
Current Use
Multi-Family: 1
Residential: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Many Trees: 1
Special Listing Conditions
Standard: 1
Showing Requirements
No Sign: 1
Historical Information
Public Historical Remarks 3: Contact: List Agent
Contract Information
Current Price: $295,000
Original List Price: 295000
Sold Price: $295,000
Status: Closed
Listing Contract Date: 2022-03-14
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: N/A
Street Name: Not Assgined
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2022-10-14T16:14:41Z
Major Change Type: Status Change
Status Change Timestamp: 2022-10-14
Purchase Contract Date: 2022-05-09
Close Date: 2022-10-13
Close Price: 295000
Property Features
Current Use: Multi-Family; Residential
Listing Terms: Cash; Conventional
Lot Features: Many Trees
Showing Requirements: No Sign
Special Listing Conditions: Standard
Listing Office: Compass Florida, LLC
Last Updated: June - 26 - 2026
Information is deemed to be reliable, but is not guaranteed.