3318 Pelham Street
Melbourne, FL 32901
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Bed
0
Bath
0.38Acre(Lot)
ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Opportunity meets flexibility with this 0.38-acre multi-family property consisting of two platted lots currently combined as one parcel. Develop as-is for multi-family use, build a duplex, or explore separating the lots for single-family homes. Even better, the property has already been approved for an affordable-housing triplex, giving you a valuable head start on development. Conveniently located near Downtown Melbourne, shopping, schools, employment centers, Melbourne Orlando International Airport and major roadways. Whether your goal is to build and hold, generate rental income, develop and sell, or contribute to the continued revitalization of the community, this property offers multiple possibilities. Bring your vision and build for the fut
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Sewer: Public Sewer -
Heating & Cooling
WaterSource: Public
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Road Types
AsphaltCity Street
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Lot Information
Lot Description: Few Trees Lot Size Area: 0.38 Acres Lot Square Feet: 16,553Property Information
Property Type: Land Sub Type: Unimproved Land Subdivision: F C Powells Subd MLS Area Minor: 330 - Melbourne - Central Source Neighborhood: F C Powells Subd
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Listing Price Information
Listing Id: 1089217 ist Price: $50,000 Listing Terms Cash, Conventional -
Listing Information
Possession: Close Of Escrow
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Tax Information
Parcel Number: 28-37-11-52-00004.0-0008.00 Annual Tax: $189 Tax Year: 2025 Taxes: F C POWELLS SUBD LOTS 8,9 BLK 4
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School Information
Elementary School: Palm Bay ElemElementary School District:Junior High School: StoneSenior High School: Palm Bay -
Utility Information
Sewer Available, Water Available -
Location Information
Direction: From I95 take exit 176 towards Palm Bay Rd. Turn Left onto Palm Bay Rd. Turn Left onto Lipscomb St. Turn Right onto Florida Ave. Turn Left onto Pelham St. Property is on the Left.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2912 Main Street, Melbourne, FL, 32901 | $397,500 | -- | -- | -- | 0.66 Acre(Lot) |
| 2013 2101 Vernon Place, Melbourne, FL, 32901 | $1,039,800 | -- | -- | -- | 0.44 Acre(Lot) |
| UNASSIGNED Address Drive, Melbourne, FL, 32901 | $36,000 | -- | -- | -- | Acres (Lot)-- |
| 429 & 427 S Babcock Str.., Melbourne, FL, 32901 | $799,000 | -- | -- | -- | 0.42 Acre(Lot) |
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Nearby For Sale
ByOwner last updated this listing 10/05/2026 @ 05:15
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