1438 Cypress AveMelbourne, FL 32935

  • Land
  • 1,016 SF
For Sale
$105,000 View listing

Property Details for 1438 Cypress Ave

Year built
1996
Lot size
0.40 AC
Property size (Sq ft)
1,016 SF
Zone code
C3
Property type
Land
Property subtype
Commercial land
APN
27-37-16-25-00054.0-0001.00
APU
9223372036854775807

Description

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.

1438 Cypress Ave, Melbourne, Florida

Location Insight

City
Melbourne
County
Brevard
State
Florida
Latitude
28.1303
Longitude
-80.632
CBSA code
37340
CBSA name
PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,334
$65,160
-
$65,160
-
$65,160
-
$65,160

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