2106 Vernon Pl - Flex FOR SALE


Melbourne, FL 32901- Downtown Melbourne
$1,495,000 USD
321-349-5068
2106 Vernon Pl, Melbourne, FL for Sale
$1,495,000 USD
Flex - FOR SALE
1/49
null | Request Cap Rate

2106 Vernon Pl
Melbourne, FL 32901
Downtown Melbourne


HIGHLIGHTS

  • This is more than a development site; it is a strategic gateway to opportunity in the heart of the Space Coast's most exciting downtown corridor.

OVERVIEW

A Rare Downtown Melbourne Development Offering Situated on 0.36 acres in the heart of Downtown Melbourne, this C-3 zoned mixed-use site is one of the most compelling opportunities in today’s market. With C-3 zoning density allowing up to 36 units plus mixed-use amenities, the property sits within a highly walkable, amenity-rich district surrounded by new mixed-use projects, established restaurants, and high-end retail that continue to fuel strong demand and steady foot traffic. C-3 zoning supports multi-family, office, retail, restaurant, and hospitality uses, while no setback requirements and a 96-foot height allowance create exceptional vertical potential. From boutique ground-floor retail with luxury residences above to a dynamic commercial destination, the site offers a true blank canvas to deliver high-density development in one of Florida’s fastest-growing urban cores. Further enhancing long-term value is the site's proximity just three miles from Melbourne Orlando International Airport, which is currently undergoing a multi-million terminal and runway expansion. Combined with significant nearby investments, including the newly funded Margaritaville development and multiple luxury residential projects within a two-mile radius, the area is poised for continued economic growth and demand. An additional feature that enhances both functionality and flexibility is the presence of a 15-foot-wide service alley that runs continuously from Vernon Place to Waverly Place. This through-access configuration offers ideal ingress and egress for service vehicles, loading, and back-of-house operations adding further appeal for future commercial or mixed-use development. This is more than a development site; it is a strategic gateway to opportunity in the heart of the Space Coast's most exciting downtown corridor.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$1,116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

2106 Vernon Place, Melbourne, FL 32901

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.38

LAND SF

16,476

ZONING

C-3

APN/PARCEL ID

28-37-03-82-00046.0-0012.00

ASK ABOUT THIS PROPERTY

James EdmundsONE Sotheby's International RealtyMore Info
321-349-5068

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

James EdmundsONE Sotheby's International RealtyMore Info
321-349-5068

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