Virtual TourMap

For SaleUnimproved LandActive

0 Torrence Lane

Melbourne, FL 32935

$429,000

115 Days On Site

  • 0.55Acres
  • BrevardCounty
Subdivision
Melbogallie Subd
County
Brevard
MLS®
1083000

Overview

Exceptional shovel-ready development opportunity in one of Melbourne's fastest-growing corridors! This fully entitled site is approved for eight townhomes, with the City of Melbourne site plan already fully approved--eliminating the time, expense, and uncertainty of the entitlement process. The cleared and graded property offers approximately 14,400 square feet of buildable area and is ready for horizontal construction, allowing developers to skip an estimated 12-18 months of approvals. Utilities, including water, sewer, and electric, are available at the property line, and the site fronts an improved, established roadway. Plans are designed for eight spacious 3-bedroom, 2.5-bath townhomes of approximately 1,800 square feet each. Located near Florida's thriving Space Coast with strong demand for new construction, this turnkey opportunity is ideal for builders, investors, or developers. Seller will consider an outright sale, joint venture, or build-to-suit arrangement.

Listing Snapshot

Price
$429,000
Days On Site
115 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.55 Acres
Year Built
N/A
MLS® Number
1083000
Status
Active
Property Tax
$2,126 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

7 items
Acres
0.55
Additional Property Use
Residential
Property Sub Type
Unimproved Land
Sewer
Public Sewer
Special Circumstances
Standard
Utilities
Other
Water Source
Public

Exterior Features

1 item
Lot Features
Other

Community Features

2 items
MLS Area
323 - Eau Gallie
Financing Terms Available
Cash, Conventional

Neighborhood & Commute

ZIP Code 32935

Median household income
$61,326
Income per person
$33,864
Households
19,561
Average household size
2.16
Median age
42.3

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Schools

Elementary School
Harbor City
Middle School
Hoover
High School
Melbourne

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Active
  3. Price changed to $429,000
  4. Listing first seen on site

Friends & Family

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Listing courtesy of Golden Group Realty LLC (407) 990-5905

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-14 01:38 AM EST

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