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2319 Stone St
Melbourne, FL 32901
2321 & 2319 Stone St. Melbourne FL 32901 · Land For Sale · 0.34 AC
Investment Highlights
- Multifamily (up to 44 units) permittable
- Utilties: electric, water, sewer available
- City of Melbourne highly interested in a development here
Executive Summary
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Design & Build | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.34 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| Sale Conditions | Design & Build |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.34 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | £109,096 | Lot Size | 0.34 AC |
| Price Per AC | £320,872 |
| Price | £109,096 |
| Price Per AC | £320,872 |
| Lot Size | 0.34 AC |
The property has a great location. The land is 2 vacant lots in Downtown Melbourne (2319 & 2321 Stone St. - 0.44 acres total).
Description
LOCATION! 2 Vacant lots in Downtown Melbourne (2319 & 2321 Stone St. - 0.34 acres total) Utilities available, with VERY friendly zoning: C-3 /Mixed use. Ideal for a multifamily development (up to 34 units), office/retail, residential, self-storage, you name it. Additional 0.10 acers confirmed (by the city) and available on the east end (back) of the lot (just fill out the abandon and vacate form, provided in documents - total = 0.44 acres). Located in the community redevelopment area, there are also financial incentives for building here. See Documents for supporting info. Lot is less than 600 feet from Crane Creek and less than a half mile from the Melbourne Causeway. Huge investment potential with several development projects going on right in the neighborhood! Lots are being sold separately, but advertised together. 2321 Stone St. ($138,500) 2319 Stone St. ($140,000) Call Sam Boyd - 321-989-6503 for any questions.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £0 | Total Assessment | £14,179 |
PROPERTY TAXES
zoning
| Zoning Code | C3 - Mixed Use (Lot and building regulations are intended to permit intensive development of the area and to discourage uses not requiring a central location) |
| C3 - Mixed Use (Lot and building regulations are intended to permit intensive development of the area and to discourage uses not requiring a central location) |
