1008 Wh Jackson ST Active

Melbourne,FL 32901

$ 770000

0 Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Metcalfs Unrecorded Plat Of Balem Allen Tract

MLS Listing ID 1055280

Annual Tax Amount $4,158

Tax Year 2024

Lot Size 7,405 Sqft

Property Sub-Type Unimproved Land

Property Description

VACANT LAND. ** Business opportunity ** Fully approved, shovel-ready multifamily development in the very heart of booming Downtown Melbourne.
The sale includes a prime lot along with a 1-year valid construction permit for a modern 10-unit apartment building featuring: - 8 spacious units of 2 bedrooms / 2 bathrooms - 2 units of 1 bedroom / 1 bathroom - 14 dedicated parking spaces - An elevator for tenant convenience - Contemporary architectural design and professional landscaping This is a true turnkey project
The financials are equally compelling. With projected gross annual rental income exceeding $250,000
All approved plans, permits, and documentation will transfer to the buyer at closing with option to have your own builder or deliver a complete project with our turnkey option.

Location

State FL

County Brevard

Area 330 - Melbourne - Central

Exterior

Exterior Feature ExteriorFeatures

Utilities Available Cable Available,Electricity Available,Sewer Available,Water Available

Building

Lot Description Other

Sewer Public Sewer

Water Public

Schools

Elementary Schools Harbor City

High Schools Melbourne

Others

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

Special Listing Condition Corporate Owned

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