$275,000
$300,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
0.6 Acres Lot
SOLD DATE : 10/02/2024
Key Details
Sold Price $275,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Melbogallie Subd
MLS Listing ID 1020857
Sold Date 10/02/24
HOA Y/N No
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Annual Tax Amount $1,681
Tax Year 2023
Lot Size 0.600 Acres
Acres 0.55
Lot Dimensions 275 x 95
Property Description
Seize this exceptional real estate opportunity in a prime location! This property is zoned R-2 for single-family or multifamily development. The Seller's conceptual plans for either eight townhomes or five single-family homes are attached. City utilities are conveniently available at the front of the property.
The site is largely cleared of structures and vegetation, providing a clean slate for your project. Enjoy the tranquility of a quiet street while being just minutes from the river, the historic Eau Gallie Arts District, and the beach causeway.
Additional perks include two artesian wells on the property. Whether you envision a rental income property, a short-term rental compound, a tiny home community, or another innovative development, this property presents limitless possibilities. Seller will consider providing financing for land purchase or development.
Please note, all information should be verified independently by the buyer.
Location
State FL
County Brevard
Area 323 - Eau Gallie
Direction From US 1, head west on Torrence Lane. Property is on left near center of street.
Exterior
Exterior Feature ExteriorFeatures
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront No
View City
Present Use Residential,Unimproved
Street Surface Asphalt
Road Frontage City Street
Garage No
Building
Lot Description Cleared, Few Trees
Sewer Public Sewer
Water Public
Schools
Elementary Schools Harbor City
High Schools Melbourne
Others
Senior Community No
Tax ID 27-37-21-50-B-11,27-37-21-50-B-10,27-37-21-50-B-7
Acceptable Financing Cash, Conventional, Owner May Carry, Private Financing Available
Listing Terms Cash, Conventional, Owner May Carry, Private Financing Available
Special Listing Condition Owner Licensed RE
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Bought with Golden Group Realty LLC
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