$67,200
Melbourne, FL 32901
MLS# 1019896
Status: Closed
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Property Description
Ideal Investment Opportunity Near Florida Institute of Technology! Don't miss your chance to own this 0.19-acre vacant lot, perfectly positioned just moments away from FIT. Cleared and ready for development, this property is zoned for single-family residences and offers an exceptional opportunity for building student rental housing. This lot is close to downtown Melbourne, providing easy access to a wide array of shopping, dining, and entertainment options. Proximity to top local employers ensures convenience for potential tenants, making this a smart investment for rental income. Vacant land in Melbourne is scarce, making this a rare and valuable find. Whether you're an investor looking to capitalize on the demand for student housing or seeking to build a custom home, this lot offers endless possibilities. Seize this opportunity to invest in Melbourne's thriving community. Contact us today for more details and feel free to drive by the lot to see it for yourself.
Details
Maps
Contract Information
Comp Sale YN: No
Current Price: $67,200
Original List Price: 55000
Sold Price: $67,200
Status: Closed
Listing Contract Date: 2024-07-18
Property Sub Type: Unimproved Land
Location, Tax, and Legal
Tax Account: 2823026
Parcel Number: 28-37-09-04-0000a.0-0008.00
General County Location: South
Elementary School: University Park
Middle School: Stone
High School: Melbourne
Tax Annual Amount: 5
Tax Year: 2022
Tax Legal Description: UNIVERSITY PARK, REPLAT OF PT OF SEC A PB 12 PG 27 LOT 8 BLK A
Directions: South on Country Club Dr from 192. West on Amherst, lot will be on the right after the small overflow parking lot.
General Property Information
Lot Size Acres: 0.19
Lot Dimensions Source: Appraiser
Lot Size Square Feet: 8276
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
List Price/Acre: 289473.68
Sold Price/Acre: 353684.21
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Ideal Investment Opportunity Near Florida Institute of Technology! Don't miss your chance to own this 0.19-acre vacant lot, perfectly positioned just moments away from FIT.
Cleared and ready for development, this property is zoned for single-family residences and offers an exceptional opportunity for building student rental housing. This lot is close to downtown Melbourne, providing easy access to a wide array of shopping, dining, and entertainment options. Proximity to top local employers ensures convenience for potential tenants, making this a smart investment for rental income. Vacant land in Melbourne is scarce, making this a rare and valuable find. Whether you're an investor looking to capitalize on the demand for student housing or seeking to build a custom home, this lot offers endless possibilities. Seize this opportunity to invest in Melbourne's thriving community. Contact us today for more details and feel free to drive by the lot to see it for yourself.
Closing Company Details
Closing Company Name: State Title Partners
Closing Company Address: 300 W Fee Ave. Melbourne, FL 32901
Current Use
Unimproved: 1
Fencing
Wood: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Corporate Owned: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Water Source
Public: 1
Development Status
Raw Land: 1
Rough Grade: 1
Showing Requirements
Other: 1
Location Tax and Legal
Street Number: 208
Street Name: Amherst
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: University Park Replat of Pt of Sec A Pb 12 Pg 27
Status Change Information
Major Change Timestamp: 2024-09-10T20:15:52Z
Major Change Type: Status Change
Status Change Timestamp: 2024-09-10
Purchase Contract Date: 2024-08-02
Close Date: 2024-09-10
Close Price: 67200
Property Features
Current Use: Unimproved
Development Status: Raw Land; Rough Grade
Fencing: Wood
Listing Terms: Cash; Conventional
Lot Features: Cleared
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Surface Type: Asphalt
Sewer: Public Sewer
Showing Requirements: Other
Special Listing Conditions: Corporate Owned
Utilities: Electricity Available; Sewer Available; Water Available
Water Source: Public
Listing Office: Glover Properties
Last Updated: August - 21 - 2026
Information is deemed to be reliable, but is not guaranteed.