$493,700
Melbourne, FL 32935
MLS# 945468
Status: Closed
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Property Description
****HUGE PRICE ADJUSTMENT****Almost 3 acres of vacant land zoned commercial parkway (allows for light retail, light industrial, offices....BUT NO STORAGE UNITS OR RV/BOAT/TRAILERS OF ANY KIND ALLOWED) Very high traffic count located on the west side of US 1 in Palm Shores in beautiful Brevard County FL. ( One of the fastest growing areas in Florida.) Easy access to I-95 by Pineda Causeway Extension. There was previously a home on the property so there should be electric connection but no city water/sewer connected. No survey available. This property is also listed on SCR MLS #944709
Details
Maps
Location, Tax, and Legal
Tax Account: 2611531
Parcel Number: 26-37-32-00-00269.0-0000.00
General County Location: South
Elementary School: Creel
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 5273.31
Tax Year: 2021
Tax Legal Description: N 200 FT OF S 700 FT OF GOVT LOT 1 WEST OF HWY EXC ORB 4412 PG 1318, 6985 PG 2030
Zoning Description: Commercial
Directions: From Pineda Causeway, drive approximately 1.4 miles south on US 1, subject property is just south of entrance to Hammock Shores Subdivision and north of Atlantic Storage.
General Property Information
Road Frontage Feet: 180
Lot Size Acres: 2.91
Lot Size Square Feet: 126760
Association YN: No
Property Use: 10 / VACANT COMMERCIAL LAND
Water Body Access YN: No
Senior Community YN: No
CDD Fee YN: No
List Price/Acre: 205841.92
Sold Price/Acre: 169656.36
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: ****HUGE PRICE ADJUSTMENT****Almost 3 acres of vacant land zoned commercial parkway (allows for light retail, light industrial, offices....BUT NO STORAGE UNITS OR RV/BOAT/TRAILERS OF ANY KIND ALLOWED) Very high traffic count located on the west side of US 1 in Palm Shores in beautiful Brevard County FL. ( One of the fastest growing areas in Florida.) Easy access to I-95 by Pineda Causeway Extension. There was previously a home on the property so there should be electric connection but no city water/sewer connected. No survey available. This property is also listed on SCR MLS #944709
Current Use
Commercial: 1
Industrial: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Irregular Lot: 1
Many Trees: 1
Wooded: 1
Possession
Close Of Escrow: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Sewer Available: 1
Other: 1
Water Source
Public: 1
Showing Requirements
Other: 1
Historical Information
Public Historical Remarks 3: Contact: List Agent, Frontage Description: Business District,US Highway
Contract Information
Current Price: $493,700
Original List Price: 800000
Sold Price: $493,700
Status: Closed
Listing Contract Date: 2022-09-06
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 4680
Street Direction Prefix: N
Street Name: Highway 1
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 322 - NE Melbourne/Palm Shores
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2024-12-03T15:22:35Z
Major Change Type: Status Change
Price Change Timestamp: 2024-08-24T17:19:02Z
Status Change Timestamp: 2024-12-03
Purchase Contract Date: 2024-09-24
Close Date: 2024-12-02
Close Price: 493700
Property Features
Current Use: Commercial; Industrial
Listing Terms: Cash; Conventional
Lot Features: Irregular Lot; Many Trees; Wooded
Possession: Close Of Escrow
Sewer: Septic Tank
Showing Requirements: Other
Special Listing Conditions: Standard
Utilities: Sewer Available; Other
Water Source: Public
Listing Office: RE/MAX Elite
Last Updated: June - 28 - 2026
Information is deemed to be reliable, but is not guaranteed.