Bought with The Keyes Company
$2,750,000
$1,000,000
175.0%For more information regarding the value of a property, please contact us for a free consultation.
1052 Cypress AVE Melbourne, FL 32935
3.34 Acres Lot
Key Details
Sold Price $2,750,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Eau Gallie, Rept Of Pt Of Plat Of
MLS Listing ID RX-11066489
Sold Date 05/07/25
HOA Y/N No
Annual Tax Amount $40,143
Tax Year 2024
Lot Size 3.340 Acres
Property Sub-Type Commercial Land
Property Description
INCREDIBLE OPPORTUNITY TO OWN A 3.34 ACRES OF COMMERCIAL LAND FOR REDEVELOPMENT IN MELBOURNE FL. CURRENTLY A 30,000 SF +/- EXISTING OFFICE BUILDING, THE PROPERTY HAS A SITE PLAN APPROVAL INTO AVERY EAU GALLIE, A STATE-OF-THE-ART 327 UNIT MULTIFAMILY PROJECT JUST 3.5 MILES FROM THE BEACH AND WITH SPEEDY I-95 ACCESS. HIGH-END AMENITIES SUCH AS A TROPICAL POOL WITH A LARGE DECK, FITNESS CENTER, BUSINESS CENTER, AND RESIDENT LOUNGE/CLUBROOM ARE INCLUDED IN THE PLANS. ***PROPERTY BEING SOLD VIA ONLINE AUCTION TO BE HELD 03/31-04/02/25; PRE-AUCTION OFFERS ARE ENCOURAGED***PRICE LISTED IS MINIMUM BID***
Location
State FL
County Brevard
Area 5940
Zoning C3
Exterior
Utilities Available Other Sewer, Other Water
View City, Other
Exposure East
Building
Lot Description 3 to < 5 Acres, Corner Lot, Paved Road, Public Road, Sidewalks
Others
Acceptable Financing Cash
Horse Property No
Listing Terms Cash
Financing Cash
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