308 Strawbridge AveMelbourne, FL 32901

Property Details for 308 Strawbridge Ave

Year built

1920

Lot size

0.42 AC

Property size (Sq ft)

824 SF

Zone code

RP

Property type

Commercial land

APN

28-37-03-33-00003.0-0004.00

APU

9223372036854775807

Description

This exceptional .42-acre commercial lot, encompassing 18,295 square feet, presents a prime investment opportunity in the thriving heart of downtown Melbourne, Florida. Located at 308 E Strawbridge Avenue, zip code 32901, this property enjoys a high-traffic location ideal for a diverse range of businesses. Its strategic position offers excellent visibility and accessibility, placing it within walking distance of numerous successful businesses. The property's zoning allows for multiple commercial uses, making it suitable for a variety of entrepreneurial ventures. The asking price is $539,000. This property is classified as land and multifamily, specifically a duplex/triplex/quadruplex. The significant lot size provides ample space for development, and there's a potential opportunity to acquire adjacent land from the current owner, expanding the potential scope of the project. This is a rare chance to establish a business in a rapidly growing area of Melbourne, benefiting from the city's robust economy and convenient location. The property's address is easily accessible and visible from a major thoroughfare. This location offers significant potential for high returns on investment. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $439,577

  Retail / Commercial

  $230,672

  Mixed-Use / Specialty

  $233,994

  Hospitality / Lodging

  $177,070

  Office

  $236,921

  Institutional / Educational

  $244,741

  Residential Income

  $286,347

  Multifamily

  $320,453

  Automotive / Energy

  $209,778

  Parking / Income-Based Land

  $68,297.20

  Restaurant / Food Service

  $130,547

  Healthcare / Senior Housing

  $235,707

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.0798

Longitude

-80.6152

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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