For Sale
$105,000

1438 Cypress AveMelbourne, FL 32935

0.4-acre commercial/industrial lot, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.4-acre commercial and industrial land parcel presents a unique investment opportunity in the heart of Melbourne, Florida. Located at 1438 Cypress Ave, 32935, this property boasts approximately 132 feet of frontage on Cypress Avenue and 132 feet on St. Clair Street. The City of Melbourne Integrated Commercial Edge District (C-E) zoning allows for a variety of uses, including outdoor storage, warehousing, light manufacturing, and light assembly. Convenient access to city water and sewer, as well as FPL electric, is readily available. The property also benefits from an existing cell tower lease, generating additional income potential. Note that no rental income is included in the asking price of $105,000. 2023 property taxes totaled $1,294.25. Easement access is in place. This strategically located lot is within walking distance of the vibrant Downtown Eau Gallie Arts District (EGAD) and enjoys easy access to major transportation arteries, including Interstate 95, Wickham Road, US1, and nearby beaches via Eau Gallie Boulevard. Surrounding businesses include Tomahawk Robotics, Sorensen Moving, and Intracoastal Brewing, along with Eau Gallie High School. This property is ideal for entrepreneurs seeking a central location to establish and grow their business. The APN is 27-37-16-25-54-1. This is a private ownership opportunity.

Highlights

  • 0.4-acre commercial and industrial lot in Melbourne, FL, at 1438 Cypress Ave, 32935.
  • 132' frontage on Cypress Ave and 132' on St. Clair St.
  • City of Melbourne C-E zoning allows for various uses including outdoor storage, warehousing, and light manufacturing.
  • City water, sewer, and FPL electric available.
  • Existing cell tower lease provides additional income potential; asking price $105,000, excludes rental income; 2023 taxes: $1,294.25.
  • Convenient access to I-95, Wickham Rd, US1, and beaches; near Downtown Eau Gallie Arts District.

Property Details for 1438 Cypress Ave

Property type
Land, Industrial properties
Lot Size (sq. ft)
17,424 SF

Location Insight

City
Melbourne
County
Brevard
State
Florida
Latitude
28.130215582109
Longitude
-80.631740779181
1438 Cypress Ave, Melbourne, Florida

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1438 Cypress Ave
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