NOT LISTED FOR SALE

0000 Torrence Ln Melbourne, FL 32935

0.55 Acre
-- Price per Acre
23,958 Sq Ft Lot

Last Sold October 02, 2024

Last sale price $275,000

8 Days on Market

Highlights

  • City View
  • 0.55 Acre Lot
  • No HOA

About This Lot

As of October 2024

Seize this exceptional real estate opportunity in a prime location! This property is zoned R-2 for single-family or multifamily development. The Seller's conceptual plans for either eight townhomes or five single-family homes are attached. City utilities are conveniently available at the front of the property.

The site is largely cleared of structures and vegetation, providing a clean slate for your project. Enjoy the tranquility of a quiet street while being just minutes from the river, the historic Eau Gallie Arts District, and the beach causeway.

Additional perks include two artesian wells on the property. Whether you envision a rental income property, a short-term rental compound, a tiny home community, or another innovative development, this property presents limitless possibilities. Seller will consider providing financing for land purchase or development.

Please note, all information should be verified independently by the buyer.

Last Agent to Sell the Property

Megan Gonzalez

Denovo Realty License #3465285 Listed on: 07/30/2024

Denovo Realty

Last Buyer's Agent

Milena Fernandes

Golden Group Realty LLC License #3459337

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,682

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 275 x 95
  • Cleared Lot
  • Few Trees
  • 3 Lots in the community
  • Building or Site Plan Approved
  • Zoning described as Multi Family

Property Views

  • City Views

Home Design

  • Asphalt

Schools

  • Harbor City Elementary School
  • Hoover Middle School
  • Melbourne High School

Community Details

  • No Home Owners Association
  • Melbogallie Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-21-50-B-11,27-37-21-50-B-10,27-37-21-50-B-7

Property Details

Property Type

Land

Est. Annual Taxes

$1,682

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Few Trees
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: City
  • ResoSpecialListingConditions: Owner Licensed RE
  • Subdivision Name: Melbogallie Subd
  • Location Tax and Legal Parcel Number2: 27-37-21-50-B-11,27-37-21-50-B-10,27-37-21-50-B-7
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1681.67
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 0.55
  • General Property Information Lot Size Square Feet2: 26125.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 275 x 95
  • Utilities Electricity Available: Yes
  • General Property Information Number Of Lots2: 3.0
  • General Property Information Land Lease YN2: No
  • Location Tax and Legal Zoning Description2: Multi Family
  • General Property Information CDD Fee YN: No
  • Development Status Raw Land: Yes
  • Development Status Site Plan Approved: Yes
  • Marketing Remarks:Marketing Remarks: Seize this exceptional real estate opportunity in a prime location! This property is zoned R-2 for single-family or multifamily development. The Seller's conceptual plans for either eight townhomes or five single-family homes are attached. City utilities are conveniently available at the front of the property. The site is largely cleared of structures and vegetation, providing a clean slate for your project. Enjoy the tranquility of a quiet street while being just minutes from the river, the historic Eau Gallie Arts District, and the beach causeway. Additional perks include two artesian wells on the property. Whether you envision a rental income property, a short-term rental compound, a tiny home community, or another innovative development, this property presents limitless possibilities. Seller will consider providing financing for land purchase or development. Please note, all information should be verified independently by the buyer.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.55
  • Waterfront: No
  • Lot Features:Few Trees: Yes
  • View:City3: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Number Of Lots: 3
  • Current Use: Residential, Unimproved
  • Land Lease: No
  • Lot Dimensions: 275 x 95
  • Lot Size Sq Ft: 26125.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-21-50-B-11,27-37-21-50-B-10,27-37-21-50-B-7
  • Zoning Description: Multi Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1681.67

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Sold $275,000 -8.3% --
08/08/2024 08/08/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $300,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Megan Gonzalez

    Denovo Realty

    Section Image

  • M

    Buyer's Agent in 2024

    Milena Fernandes

    Golden Group Realty LLC

    (407) 990-5905

    4 in this area

    28 Total Sales

    Milena Fernandes
    Section Image
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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1020857

Space Coast MLS (Space Coast Association of REALTORS®)
Florida Brevard County Melbourne 32935

0000 Torrence Ln, Melbourne, FL

Not Listed for Sale

Lots

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