This property is .75 acres located a few blocks from downtown Melbourne. It is zoned RP which allows for most types of multifamily and commercial uses. The zoning allows for potentially up to four stories if mixed-use with commercial on the ground floor and residential units above. The property is located in a/an: - CRA district - Downtown development district - Opportunity Zone Strawbridge Ave is one of the main thoroughfares in Melbourne and provides direct access to I-95, the Mall, downtown Melbourne, and the beach. The city of Melbourne is located in central Florida and lies along the Indian River Lagoon and the Atlantic Ocean. Residents enjoy great weather, high-tech employment opportunities and excellent schools. It is just south of Cape Canaveral, home to the Kennedy Space Center and Port Canaveral. You can watch launches from almost any point in the city or take the short drive up to the space center to get a closer look. Port Canaveral is an active shipping port with daily departures of cruise ships and deep-sea fishing boats. Melbourne also has an international airport and is located next to two major interstates that provides easy access to Orlando, the Kennedy Space Center, and other major cities in Florida. The city is a hub for many high-tech and aerospace companies. It is one of the most highly concentrated technology economies in Florida and is one of the 10 best cities for STEM jobs. In order to revitalize and improve the area, the city has created redevelopment areas to help fund capital improvement projects by offering incentives for redeveloping or improving existing properties. The property is also located in an opportunity zone which allows for further tax benefits. There is currently a small building on the property that is rented as a house.