High-visibility 0.81-acre commercial corner at a signalized intersection on US-1 in Melbourne, FL. Frontage on US-1, Masterson Street, and Guava Avenue with over 47,000 vehicles per day. Cleared, level, and development-ready. Zoned C-1 and C-2, allowing for a wide range of commercial uses including drive-thru, retail strip center, medical/professional offices, or mixed-use development. Located just north of the Eau Gallie Arts District and minutes from SR-518. City water and sewer available. Site plan options include a 3,000 SF QSR or coffee drive-thru, a 5,000-6,000 SF multi-tenant retail strip, a 6,000-10,000 SF medical/office building, or a mixed-use project with ground-floor retail and apartments above. Excellent traffic exposure and one of the last remaining undeveloped corners along the US-1 corridor in Melbourne.
Essential Information
Year Built: 1961
Price: $850,000
Property Type: Commercial
Country: USA
City: Melbourne
Bathrooms: 1.00
Additional Property Info
Acres: 0.21 acres
Listing ID: 1044833
Listing Status: Active
Number Bathrooms: 1.00
Property Type: Commercial
Real Estate Taxes: $2,151.27
SqFt - Total: 1,288 sqft
State/Province: FL
Status: Active
Status Change Date: Wednesday, November 26th, 2025