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0 Northgate Street - North Gate - Multi-Family Development 5.03 Acres of Residential Land Offered at $850,000 in Melbourne, FL 32935

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EXECUTIVE SUMMARY

Fully Entitled Multi-Family Development – Ready to Break Ground!
Prime opportunity to develop 11 Duplexes (22 Units Total) in the highly desirable Melbourne/Lake Washington area. This 5.03-acre site comes with City Water & Sewer and is fully approved—all the hard work has been done for you!
Property Highlights:
Fully Entitled & Approved: Ready for 11 Duplexes (22 doors)
City Water & Sewer: Utilities in place for a seamless build
Shovel-Ready: Apply for permits and start construction immediately
Flexible Build Options: Build it yourself or opt for a construction package with the seller completing the construction
Comprehensive Due Diligence Package Available – Don’t Miss Out!
This is a rare opportunity to develop in a sought-after location. Contact us today to learn more or to secure this incredible investment!

PROPERTY FACTS

Price $850,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 5.03 AC
Zoning Multi-Family - Multi-Family

1 LOT AVAILABLE

Lot

Price $850,000
Price Per AC $168,986.08
Lot Size 5.03 AC

5.03 Acres, City Water & Sewer, Fully Entitled Duplex Project- 22 Doors- Centrally Located in Melbourne.

DESCRIPTION

Fully Entitled Multi-Family Development – Ready to Break Ground! Prime opportunity to develop 11 Duplexes (22 Units Total) in the highly desirable Melbourne/Lake Washington area. This 5.03-acre site comes with City Water & Sewer and is fully approved—all the hard work has been done for you! Property Highlights: Fully Entitled & Approved: Ready for 11 Duplexes (22 doors) City Water & Sewer: Utilities in place for a seamless build Shovel-Ready: Apply for permits and start construction immediately Flexible Build Options: Build it yourself or opt for a construction package with the seller completing the construction

  • Listing ID: 34815150

  • Date on Market: 2/13/2025

  • Last Updated:

  • Address: 0 Northgate Street, Melbourne, FL 32935

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