NOT LISTED FOR SALE

1052 Cypress Ave Melbourne, FL 32935

Melbourne Area

Estimated Value: $1,824,366

3.34 Acres
$546,217 Price per Acre
145,490 Sq Ft Lot

Sale Details

Date Sold: May 7, 2025

Last sale price $2,750,000

Est. 34% decrease in value since last sale

Current estimated payment $11,832 / mo

39 Days on Market

Highlights

  • 3.34 Acre Lot
  • No HOA
  • Landscaped with Trees
  • Corner Lot
  • Views

About This Lot

As of May 2025

INCREDIBLE OPPORTUNITY TO OWN A 3.34 ACRES OF COMMERCIAL LAND FOR REDEVELOPMENT IN MELBOURNE FL. CURRENTLY A 30,000 SF +/- EXISTING OFFICE BUILDING, THE PROPERTY HAS A SITE PLAN APPROVAL INTO AVERY EAU GALLIE, A STATE-OF-THE-ART 327 UNIT MULTIFAMILY PROJECT JUST 3.5 MILES FROM THE BEACH AND WITH SPEEDY I-95 ACCESS. HIGH-END AMENITIES SUCH AS A TROPICAL POOL WITH A LARGE DECK, FITNESS CENTER, BUSINESS CENTER, AND RESIDENT LOUNGE/CLUBROOM ARE INCLUDED IN THE PLANS. ***PROPERTY BEING SOLD VIA ONLINE AUCTION TO BE HELD 03/31-04/02/25; PRE-AUCTION OFFERS ARE ENCOURAGED***PRICE LISTED IS MINIMUM BID***

Last Buyer's Agent

Federico Rochwerger, PA

The Keyes Company License #3014927

The Keyes Company

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,143

Lot Details

  • 3.34 Acre Lot
  • 359 Ft Wide Lot
  • East Facing Home
  • Corner Lot
  • Landscaped with Trees
  • Additional Parcels
  • Property is zoned C3

Location

  • City Lot

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Eau Gallie, Rept Of Pt Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27372125b

Property Details

Property Type

Land

Est. Annual Taxes

$40,143

Lot Details

3.34 Acres

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Agriculture
  • Directions: FROM I-95 TAKE EXIT 183, FL-518 E EAU GALLIE BLVD. DRIVE EAST FOR 4.7 MILES TO THE PROPERTY ON THE SE CORNER OF CYPRESS AVE AND EAU GALLIE, JUST 1 BLOCK WEST OF US-1
  • Horses: No
  • Lot Size Acres: 3.34
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Paved Road, Public Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Unimproved Agri/Recreatn/Moblhome
  • Subdivision Name: EAU GALLIE, REPT OF PT OF
  • Attribution Contact: 561-866-9616
  • LastStatus: Pending
  • CurrentPrice: 2750000
  • ShowingTimeFlag: No
  • Special Features: 4160

Exterior Features

  • View: Other, Other Water View
  • Direction Faces: East
  • Lot Features: City Location, 3 To Less Than 4 Acre Lot, 4 To Less Than 5 Acre Lot, Corner Lot, Sidewalk
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: At Site, Other, Sewer
  • Water Source: Other
  • Green Building Features: Sidewalk
  • Utilities: Other Utilities Available, Sewer Connected, Other, Sewer Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road, Public Road

Lot Info

  • Parcel Number: 27372125b
  • Additional Parcels: Yes
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 145490
  • Zoning: C3

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 40143

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Melbourne, FL

  • Darbie Pfeiffer Real Estate Agent - CENTURY 21 BEGGINS ENTERPRISES

    Darbie Pfeiffer

    CENTURY 21 BEGGINS ENTERPRISES

    (813) 531-9793

    54 Total Sales

    2 in Melbourne

    $299,900 Price Range

    Darbie Pfeiffer
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  • Lisa Loiacono Real Estate Agent - MARK SPAIN REAL ESTATE

    Lisa Loiacono

    MARK SPAIN REAL ESTATE

    (904) 569-8213

    41 Total Sales

    1 in Melbourne

    $270,000 Price

    Lisa Loiacono
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  • Margarett Klein Real Estate Agent - EXP Realty, LLC

    Margarett Klein

    EXP Realty, LLC

    (321) 587-3019

    131 Total Sales

    5 in Melbourne

    $195K - $525K Price Range

    Margarett Klein
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  • Lisa Ramsey Real Estate Agent - Keller Williams Realty Brevard

    Lisa Ramsey

    Keller Williams Realty Brevard

    (321) 985-5358

    102 Total Sales

    16 in Melbourne

    $155K - $658K Price Range

    Lisa Ramsey
     Section Image
  • Sharon Maynard Real Estate Agent - Space Coast Realty & Inv. LLC

    Sharon Maynard

    Space Coast Realty & Inv. LLC

    (321) 587-3771

    107 Total Sales

    11 in Melbourne

    $154K - $765K Price Range

    Sharon Maynard
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  • Michelle Carey Real Estate Agent - Dale Sorensen Real Estate Inc.

    Michelle Carey

    Dale Sorensen Real Estate Inc.

    (321) 541-4454

    41 Total Sales

    2 in Melbourne

    $262K - $405K Price Range

    Michelle Carey
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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
05/07/2025 05/07/25 Sold $2,750,000 +175.0% --
04/07/2025 04/07/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $1,000,000 -- --
Source: MIAMI REALTORS® MLS

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R11066489

MIAMI REALTORS® MLS

APN: 27-37-21-25-0000B.0-0000.00

Florida Brevard County Melbourne 32935

1052 Cypress Ave, Melbourne, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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