2 Baths
2,264 SqFt
2 Baths
2,264 SqFt
Key Details
Property Type Vacant Land, Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 2,264 sqft
Price per Sqft $927
Subdivision Camps Plat Of Melbourne
MLS Listing ID 1054075
Total Fin. Sqft 2264
Year Built 1891
Annual Tax Amount $8,649
Tax Year 2025
Lot Size 0.510 Acres
Acres 0.51
Property Sub-Type Unimproved Land
Source Space Coast MLS (Space Coast Association of REALTORS®)
Property Description
With flexible C-1 zoning and existing approvals for four townhomes (expandable to six), this property offers extraordinary potential—as a luxury 50-unit condominium site, a mixed-use commercial/residential development, or high-end office, retail, or dining space. This is a once-in-a-generation investment opportunity in one of the Space Coast's most coveted waterfront locations. Secure your place on the river today.
Market Momentum & Catalysts
Downtown Transformation: The upcoming $81/million "The View" project, featuring 246 upscale apartments and a multi-level garage, is set to reshape the skyline and invigorate Downtown Melbourne with new residents and activity.
Streetscape & Waterfront Upgrades: The city has secured $1.5/million in state funding $1/million for downtown streetscape enhancements (sidewalks, utilities, landscaping) and $500/k for replacing docks and improving ADA waterfront access at Front Street Park. Construction design is underway, expected to launch in early 2026. Margaritaville Momentum: The Compass Landing by Margaritaville resort remains on track, with approvals in place for a seven-story, 146-room hotel, marina, restaurants, and riverwalk ready to bring major tourist appeal and elevate neighborhood vibrancy. Airport Expansion Ahead: The Melbourne Orlando International Airport Authority has greenlit a major purchase of a 176 acre parcel potentially unlocking future aeronautical and infrastructure growth that will further elevate regional connectivity.
Why Now Is the Time
The combined impact of new residential density, upgraded public realm and waterfront amenities, a signature resort brand, and airport expansion creates a surge in demand, pedestrian traffic, visibility, and long term value. ATTENTION Investors & Developers: Don't miss this exceptional opportunity .51-acre C-1 zoned parcel with unparalleled potential, strategically located at the epicenter of groundbreaking transformative projects. Act now.
Location
State FL
County Brevard
Area 330 - Melbourne - Central
Direction From Melbourne Orlando International Airport, take NASA Boulevard east to U.S. 1 South, then turn right onto Riverview Drive—1811 Riverview Drive is just minutes from the airport and also conveniently close to the private Melbourne International Airport, offering easy access for both commercial and private flights.
Interior
Inclusions Building & Land
Exterior
Exterior Feature ExteriorFeatures
Parking Features Detached, Garage
Roof Type Metal
Garage No
Building
Lot Description Other
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 28-37-02-Fc-10-5
Security Features 24 Hour Security

Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty