A rare opportunity in the dynamic heart of Downtown Melbourne, this 0.36-acre C-3 zoned property offers one of the area's premier mixed-use development prospects. The site allows for up to 36 residential units above ground-floor commercial space, ideal for retail, office, restaurant, or other active uses that complement the urban fabric. Positioned in a highly walkable, amenity-rich district, the site is surrounded by upscale retail, popular restaurants, and recently completed mixed-use developments that continue to drive consistent foot traffic and urban vibrancy.Zoned C-3, the property supports a broad range of high-demand uses including multi-family residential, office, retail, restaurant, or hospitality. With no setback requirements and a generous height allowance of up to 96 feet, the site offers exceptional vertical development potential--making it an ideal canvas for a dynamic, high-density project.
Essential Information
Year Built: 1926
Price: $1,495,000
Property Type: Commercial
Country: USA
City: Melbourne
Bathrooms: 1.00
Additional Property Info
Acres: 0.36 acres
Listing ID: 1043769
Listing Status: Active
Number Bathrooms: 1.00
Property Type: Commercial
Real Estate Taxes: $3,437.23
SqFt - Total: 1,340 sqft
State/Province: FL
Status: Active
Status Change Date: Wednesday, December 31st, 2025