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1500 Pine St - Development - 1.96 Acres - Melbourne FL 1.96 Acres of Commercial Land Offered at $2,800,000 in Melbourne, FL 32901
Executive Summary
Prime commercial development opportunity consisting of approximately 1.96 acres in central Melbourne, Florida. The property is strategically located near Health First Holmes Regional Medical Center and offers approximately 368 feet of frontage along E. Hibiscus Blvd, providing strong visibility and access.
The C-1 zoning allows for a wide range of commercial uses including retail, professional offices, service-oriented businesses, restaurants, and hospitality. This versatile site is well positioned for investors and developers seeking a high-exposure location within an established and growing commercial corridor.
Investment Highlights:
- Central Melbourne infill development site
- Flexible C-1 zoning with multiple allowable uses
- Strong frontage and visibility
- Proximity to major medical and employment centers
- Long-term growth potential
The C-1 zoning allows for a wide range of commercial uses including retail, professional offices, service-oriented businesses, restaurants, and hospitality. This versatile site is well positioned for investors and developers seeking a high-exposure location within an established and growing commercial corridor.
Investment Highlights:
- Central Melbourne infill development site
- Flexible C-1 zoning with multiple allowable uses
- Strong frontage and visibility
- Proximity to major medical and employment centers
- Long-term growth potential
Property Facts
| Price | $2,800,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 1.96 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | C1, Melbourne - Neighborhood Commercial | ||
| Price | $2,800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.96 AC |
| Opportunity Zone |
Yes |
| Zoning | C1, Melbourne - Neighborhood Commercial |
1 Lot Available
Lot
| Price | $2,800,000 | Lot Size | 1.96 AC |
| Price Per AC | $1,428,571.43 |
| Price | $2,800,000 |
| Price Per AC | $1,428,571.43 |
| Lot Size | 1.96 AC |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100
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1500 Pine St - Development - 1.96 Acres - Melbourne FL
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