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1008 WH Jackson ST Melbourne, FL 32901
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Key Details
Sold Price $730,000
Property Type Commercial
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1055283
Annual Tax Amount $4,158
Tax Year 2024
Property Sub-Type Unimproved Land
Property Description
VACANT LAND. **MULTIFAMILY PROJET 10 UNITS. *** 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.
Location
State FL
County Brevard
Area 330 - Melbourne - Central
Interior
Cooling Other
Exterior
Exterior Feature ExteriorFeatures
Parking Features On Street, Underground
Fence Other
Utilities Available Cable Available, Electricity Available, Water Available
Roof Type Shingle
Building
Lot Description Other
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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Bought with Non-MLS or Out of Area
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