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2106 Vernon Place, Melbourne, FL 32901 2106 Vernon Pl 1,340 SF Flex Building Melbourne, FL 32901 $1,495,000 ($1,115.67/SF)
INVESTMENT HIGHLIGHTS
- This is more than a development site; it is a strategic gateway to opportunity in the heart of the Space Coast's most exciting downtown corridor.
EXECUTIVE SUMMARY
A Rare Downtown Melbourne Development Offering
Situated on 0.36 acres in the heart of Downtown Melbourne, this C-3 zoned mixed-use site is one of the most compelling opportunities in today’s market. With C-3 zoning density allowing up to 36 units plus mixed-use amenities, the property sits within a highly walkable, amenity-rich district surrounded by new mixed-use projects, established restaurants, and high-end retail that continue to fuel strong demand and steady foot traffic.
C-3 zoning supports multi-family, office, retail, restaurant, and hospitality uses, while no setback requirements and a 96-foot height allowance create exceptional vertical potential. From boutique ground-floor retail with luxury residences above to a dynamic commercial destination, the site offers a true blank canvas to deliver high-density development in one of Florida’s fastest-growing urban cores. Further enhancing long-term value is the site's proximity just three miles from Melbourne Orlando International Airport, which is currently undergoing a multi-million terminal and runway expansion. Combined with significant nearby investments, including the newly funded Margaritaville development and multiple luxury residential projects within a two-mile radius, the area is poised for continued economic growth and demand.
An additional feature that enhances both functionality and flexibility is the presence of a 15-foot-wide service alley that runs continuously from Vernon Place to Waverly Place. This through-access configuration offers ideal ingress and egress for service vehicles, loading, and back-of-house operations adding further appeal for future commercial or mixed-use development. This is more than a development site; it is a strategic gateway to opportunity in the heart of the Space Coast's most exciting downtown corridor.
Situated on 0.36 acres in the heart of Downtown Melbourne, this C-3 zoned mixed-use site is one of the most compelling opportunities in today’s market. With C-3 zoning density allowing up to 36 units plus mixed-use amenities, the property sits within a highly walkable, amenity-rich district surrounded by new mixed-use projects, established restaurants, and high-end retail that continue to fuel strong demand and steady foot traffic.
C-3 zoning supports multi-family, office, retail, restaurant, and hospitality uses, while no setback requirements and a 96-foot height allowance create exceptional vertical potential. From boutique ground-floor retail with luxury residences above to a dynamic commercial destination, the site offers a true blank canvas to deliver high-density development in one of Florida’s fastest-growing urban cores. Further enhancing long-term value is the site's proximity just three miles from Melbourne Orlando International Airport, which is currently undergoing a multi-million terminal and runway expansion. Combined with significant nearby investments, including the newly funded Margaritaville development and multiple luxury residential projects within a two-mile radius, the area is poised for continued economic growth and demand.
An additional feature that enhances both functionality and flexibility is the presence of a 15-foot-wide service alley that runs continuously from Vernon Place to Waverly Place. This through-access configuration offers ideal ingress and egress for service vehicles, loading, and back-of-house operations adding further appeal for future commercial or mixed-use development. This is more than a development site; it is a strategic gateway to opportunity in the heart of the Space Coast's most exciting downtown corridor.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,495,000 | Lot Size | 0.38 AC |
| Price Per SF | $1,115.67 | Rentable Building Area | 1,340 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 1926 |
| Building Class | C | Parking Ratio | 8.21/1,000 SF |
| Zoning | C-3 - Zoned C-3, no setbacks, 96 FT height restrictions, density of 100 units per acre. | ||
| Price | $1,495,000 |
| Price Per SF | $1,115.67 |
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.38 AC |
| Rentable Building Area | 1,340 SF |
| No. Stories | 1 |
| Year Built | 1926 |
| Parking Ratio | 8.21/1,000 SF |
| Zoning | C-3 - Zoned C-3, no setbacks, 96 FT height restrictions, density of 100 units per acre. |
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Walk Score®
Very Walkable (81)
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2106 Vernon Place, Melbourne, FL 32901 | 2106 Vernon Pl
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