Mixed-Use Development Opportunity on US-1 - Approx. 3.45 Acres. List price is for both parcels 4104 (1.49 acres) and 4106 (1.95 acres) MUST BE SOLD TOGETHER, offering a combined total of approximately 3.45 acres in a prime location along US Highway 1. According to current zoning and future land use, the front portion of the property along US-1 is zoned for General Retail Commercial, while the rear portion allows for residential development, creating a versatile mixed-use opportunity. Both parcels currently include single-family residences and auxiliary storage structures, suitable for use, renovation, or redevelopment. The site offers excellent visibility and access from a high-traffic corridor. Located directly across from the IndiaRiver and just minutes from the beach, the property benefits from both commercial exposure and coastal proximity. Properties must be sold together. Ideal for investors or developers seeking a commercial, residential, or mixed-use project in a growing area.
Essential Information
Year Built: 1952
Price: $1,499,000
Property Type: Residential
Area: 1,682 sqft.
Country: USA
City: Melbourne
Bedrooms: 2
Bathrooms: 2.00
Additional Property Info
Community Fees: No
Construction: Block, Brick and Concrete
Cooling: Central Air
Furnished: Unfurnished
Heat: Central
List Price/SqFt: $891.20 / sqft
Listing ID: 1070268
Listing Status: Active
Lot Description: Agricultural and Farm
Lot SqFt: 64,904.40 sqft
Parking: Garage
Pool: No
Possession: Close Of Escrow
Private Pool: No
Property Type: Residential
Residential Sub-Type: Single Family Residence
Showing: Combination Lock Box,Showing Service
Sold Terms Code: Cash,Conventional
SqFt - Living: 1,682 sqft
State/Province: FL
Status: Active
Status Change Date: Wednesday, February 25th, 2026
Street Direction: N
Street Name: Us Highway 1
Street Number: 4104
Subdivision: Indian River Estates Villas Unrec
Suffix Dir: NE
Utilities: Cable Available, Electricity Available and Water Available