0 Torrence Ln Unit 1083000 Melbourne, FL 32935
Melbourne AreaEstimated payment $2,654/month
About This Lot
Exceptional shovel-ready development opportunity in one of Melbourne's fastest-growing corridors! This fully entitled site is approved for eight townhomes, with the City of Melbourne site plan already fully approved--eliminating the time, expense, and uncertainty of the entitlement process. The cleared and graded property offers approximately 14,400 square feet of buildable area and is ready for horizontal construction, allowing developers to skip an estimated 12-18 months of approvals. Utilities, including water, sewer, and electric, are available at the property line, and the site fronts an improved, established roadway. Plans are designed for eight spacious 3-bedroom, 2.5-bath townhomes of approximately 1,800 square feet each. Located near Florida's thriving Space Coast with strong demand for new construction, this turnkey opportunity is ideal for builders, investors, or developers. Seller will consider an outright sale, joint venture, or build-to-suit arrangement.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,126
Lot Details
- 23,958 Sq Ft Lot
Schools
- Harbor City Elementary School
- Hoover Middle School
- Melbourne High School
Community Details
- Melbogallie Subd Subdivision
Listing and Financial Details
- Assessor Parcel Number 27-37-21-50-B-7
- Seller Concessions Offered
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2026 08/25/26 | Price Changed | $449,000 | -9.3% | -- |
| 07/23/2026 07/23/26 | Price Changed | $495,000 | -20.8% | -- |
| 07/21/2026 07/21/26 | For Sale | $625,000 | -- | -- |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1083000
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Ask me questions while you tour the home.