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32634455
32634453

4490 N US Highway 1, Melbourne, FL 32935

BR
FL SL3653122
DV
FL SL3294062
Marcus & Millichap - Orlando
RT
FL BK3015549
Marcus & Millichap - Orlando
Listed by Marcus & Millichap - Orlando
$3,462,500
49 days on market
Updated 27 days ago

Space Coast Commercial Development Site | 5.5 Acres

Details
APN 26-37-32-00-289, 26-37-32-00-288
Property Type Land
Sub Type Commercial
Tenancy Vacant
Price Per Acre $625,000
Acreage 5.540
Zoning Commercial
Investment Type Redevelopment

Prime Commercial Development Land | Adjacent to New Townhome Development Site

Marketing description

Space Coast Commercial Land at 4490 N US Highway 1, Melbourne, FL 32935 presents a rare opportunity to acquire 5.54 acres of prime commercial development land along one of the Space Coast’s most traveled corridors. With direct frontage on US Highway 1 and traffic counts exceeding 43,500 vehicles per day, this site offers exceptional visibility and access for a wide range of commercial uses. Positioned less than 1.5 miles from SR 404/Pineda Causeway, the property provides convenient connectivity to I-95 and the beaches. Flexible commercial zoning supports multiple development possibilities, while the surrounding area continues to grow with dense residential communities and a proposed adjacent townhome development planned for 153 units across 32 buildings. The location is further strengthened by affluent demographics, including more than 115,000 residents within five miles and an average household income of approximately $118,000. Surrounded by established neighborhoods, major retail, and the economic momentum of Brevard County’s thriving Space Coast, this site is ideally suited for investors and developers seeking a high-exposure land position in one of Central Florida’s fastest-growing coastal markets.

Investment highlights

  • Prime 5.54 AC Development Site | Direct Frontage on Highway 1 (43,500+ Vehicles Daily)
  • Adjacent Land Slated for New Townhome Development by Live Stellar Communities – Initial Plans Call for 153 Units Across 32 Buildings (See Page 5 for Proposed Site Plan)
  • Less than 1.5 Miles from Florida S.R. 404 (Pineda Causeway) which Provides Direct Access to the Beach and I-95
  • Flexible Commercial Zoning Allowing Many Different Types of Development
  • Immediately Surrounded by Dense Residential
  • Attractive 5-Mile Demographics: 115,000 Population & $118,000 Average HH Income

Listing Contacts

BR
FL SL3653122
DV
FL SL3294062
Marcus & Millichap - Orlando
RT
FL BK3015549
Marcus & Millichap - Orlando
Listed by Marcus & Millichap - Orlando

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Zoning

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CP CommercialSpecial CommercialCommercial Parkway
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Ryan Nee
License
BK3154667
Title
Broker of Record
Name
Brendan Ryan
License
SL3653122
Brokerage
Brendan Ryan
Brokerage Phone
4075573808
Title
Agent Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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