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408-410 E Strawbridge Avenue, Melbourne
$385,000
1 Baths ⋅ 1051084 MLS
LOCATION! LOCATION! Great opportunity to have a highly visible property in thriving Downtown Melbourne! 2 adjacent parcels and 1 stellar location! Both lots are zoned RP (Residential Professional) and allow for various residential uses as well as commercial uses including professional office space, medical/clinic, professional/financial services and retail. Both lots include a total of .33 acres (.16 acres w/building and .17 acres vacant east lot). The building, once a quant 1950's home, is currently an office with tremendous value-add opportunity and features over 1,500 sf, a metal roof, over 100' of road frontage along the busiest stretch of E Strawbridge Ave and E New Haven Ave with over 20k in daily traffic. Future Land Use is Mixed-Use and property is within the Downtown CRA District. Let's make a deal on this great opportunity.

408-410 E Strawbridge Avenue, Melbourne
309 Palmetto Avenue, Melbourne
$305,000
3 Beds ⋅ 3 Baths ⋅ 1059105 MLS
Beautiful 3 Bedroom, 2.5 Bathroom Home Near Historic Downtown Melbourne, FL - Quick Move-In Before The Holidays! Location meets charm in this well-maintained Melbourne home, just minutes from downtown restaurants, shops, arts, and Brevard's beaches. Natural wood floors flow throughout the spacious living areas. A separate dining room is perfect for family meals or entertaining guests, while the updated kitchen features white cabinetry, subway tile backsplash, stainless steel appliances, and a gas range, plus a cozy breakfast nook. The split-bedroom layout offers privacy, and the primary suite includes large windows and a walk-in closet. Step outside to your private backyard oasis with a spacious paver patio, ideal for outdoor dining, lounging, or barbecues, plus a storage shed for extras. This move-in ready home is a must-see for anyone searching for a Melbourne FL home with modern updates, character, and convenient location. Schedule your private showing today!

309 Palmetto Avenue, Melbourne
1806&1808 Pine Street, Melbourne
$275,000
5 Beds ⋅ 3 Baths ⋅ 1066680 MLS
INVESTOR SPECIAL!!! Nestled in the heart of central Melbourne and directly across from a lush local golf course, this historic home presents a rare, high-upside opportunity for investors and developers alike. Set on a generous .84-acre parcel with city water and sewer in place, the property offers flexibility to rehabilitate the existing residence or start fresh with new construction. The value multiplies with the option to further expand by adding a third property available for purchase to reach an impressive 1.26 acres—unlocking the ability to pursue R2 rezoning with a density allowance of up to six units per acre. Currently, zoning allows for an accessory dwelling unit of up to 600 square feet, attached or detached, and permits short-term rentals, creating immediate income potential. Located within a Qualified Opportunity Zone, this assemblage delivers substantial tax advantages, making it an exceptional canvas for redevelopment, income production, or long-term portfolio growth in one of Melbourne's most desirable corridors.

1806&1808 Pine Street, Melbourne
1708 Pine Street, Melbourne
$154,000
3 Beds ⋅ 2 Baths ⋅ 1085881 MLS
UNDER CONTRACT! WOW! Great investment opportunity! This unique property features two separate units with a total of 3 bedrooms and 2 bathrooms, situated on a spacious 0.83-acre lot in the heart of Melbourne. Both units are currently rented, providing immediate rental income. Unit #1, located toward the front of the property, offers 2 bedrooms and 1 bathroom. Unit #2 features 1 bedroom and 1 bathroom. With plenty of land and a convenient location near the Florida Institute of Technology and major space-related employers, this property offers an excellent opportunity for investors seeking an income-producing property in a desirable Melbourne location.

1708 Pine Street, Melbourne

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