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1008 Wh Jackson Street, Melbourne, FL 32901

$730,000

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Sold Price: $730,000
List Price: $770,000
Closing Date: Nov 14, 2025
MLS#: 1055280
Status: CLOSED
Type: Land
County: Brevard
City: Melbourne
Area: Melbourne
Subdivision: Metcalfs Unrecorded Plat Of Balem Allen Tract
Total Square Feet: 7,405
Acres: 0.17
Days on Market: 91

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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.

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Additional Information

Tax Year: 2024
Tax Amount: $4,158
Location Description: Other
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Elementary School: Harbor City
Middle School: Stone
High School: Melbourne