4647 Eau Gallie - .93 Acre Mixed-Use Development Parcel 0.93 Acres of Commercial Land Offered at $450,000 in Melbourne, FL 32934

Commercial Parcel for Development
West Eau Gallie Blvd, Melbourne, Florida, 32934
ID# 27-36-23-00-505 - .93 AC (+/-)
This .93-acre commercial development parcel in Melbourne, FL is immediately to the southwest of the 1-95 and Eau Gallie Blvd Interchange. This level site provides .98 acres that is designated as uplands and
developable.
The property will be accessed via the curb-cut at Groveland Street, which is the first roadway after the northbound I-95 access ramp to Eau Gallie. The property site is 450 feet east of I-95 and 330 feet south of W. Eau Gallie Blvd. The parcel is located within the City of Melbourne.
The rectangularly shaped property is 125 feet wide and 330 feet long and totals .98 acres. It carries a Mixed-Use future land use designation. The mixture of residential, retail, offices, and limited light industrial is allowed. The maximum residential density is 20 dwelling units per acre. The maximum intensity is a .70 FAR. Density bonuses may be available.
The property fronts a thirty-acre pond/storm-water site owned by Brevard County which will provide wild-life and water-views to buildings to be constructed here. Ideal uses include a professional office development, a small residential apartment building or light industrial storage bays. The surrounding and nearby properties are commercial – industrial with retail shopping services along W. East Gallie, including a RaceTrac at the corner and a Wawa less than 1,000 feet to the east. The property provides easy access to Melbourne and the Atlantic Ocean to the east and new developments in the growing Space Coast area along 1-95.
Please contract broker for additional property details.