1052 Cypress Ave - Commercial LAND FOR SALE


Melbourne, FL 32935 138,521 SF
$5,250,000 USD
973-714-7550
1052 Cypress Ave, Melbourne, FL for Sale
$5,250,000 USD
Commercial LAND - FOR SALE
1/8
138,521 SF

1052 Cypress Ave
Melbourne, FL 32935


HIGHLIGHTS

  • Largest redevelopment parcel within the Eau Gallie Arts District
  • Previously entitled for 326 multifamily units + 18,000 SF retail
  • Ideal for grocery-anchored retail or mixed-use redevelopment
  • Strong visibility, access, and traffic counts in a rapidly growing corridor
  • Dense surrounding residential base with limited competing infill sites
  • Existing improvements allow for phased redevelopment or interim use

OVERVIEW

This site offers exceptional potential for grocery-anchored retail, mixed-use, multifamily, hospitality, medical, or adaptive re-use development. The site previously advanced through entitlement for a 326-unit mixed-use project featuring approximately 18,000 SF of ground-floor retail and structured parking, providing significant embedded planning value. Positioned directly on Eau Gallie Causeway with strong visibility, access, and connectivity to both mainland Melbourne and the beaches, this is one of the few remaining large-scale urban infill opportunities within the Melbourne MSA.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/ACRE

$1,650,943/AC

PRICE/SF

$38 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY NAME

Eau Gallie Re-Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Hospitality, Apartment Units, Hotel, Neighborhood Center, Office Park, Parking Garage, Parking Lot, Restaurant, Self-Storage, Storefront Retail/Office, Storefront Retail/Residential, Strip Center, Supermarket, undefined

LAND ACRES

3.18 AC

LAND SF

138,521 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

-

APN/PARCEL ID

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

ASK ABOUT THIS PROPERTY

Chris SettineriThe Settineri GroupMore Info
973-714-7550

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Chris SettineriThe Settineri GroupMore Info
973-714-7550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.