
Listed by The Jaffe Group
$715,000
Downtown Melbourne FL
Details
Property Type Mixed Use
Sub Type Office
Broker Co-Op Yes
Acreage 0.420
Zoning C-3
Mixed Use
Marketing description
Located in Heart of Downtown Central Business District, Melbourne Florida adjacent to City Hall and City Parking Garage. The Hotel Melby is directly opposite the site on Strawbridge Ave. The C-3 Zoning allows 100 units per acres of MF with minimal setbacks and a height of 96 feet or 8 stories. The .42 acre site (808 & 812 E Strawbridge Ave) can be expanded with an assemblage of adjacent City owned land to create 1.01 acres, 90 plus units. The City is open to a creative deal structure to tie this parcel into the City owned land with a funding program for a parking garage. Call Mike Jaffe 321-258-3443 for further discussion.
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Listed by The Jaffe Group
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