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Torrence Lane

Melbourne, FL 32935
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Bed --

Bed

Bath 0

Bath

Acres0.55

Acre(Lot)

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 dema nd 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.

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Detail Ic Property Details

Property Type : Land

Price : $625,000

AD Id : 88262331

MLS Id : 1083000

Lot Size : 0.55 Acre

Year Built : --

County : Brevard

Subdivision: Melbogallie Subd

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Feature Features

  • Water/Sewer

    Sewer: Public Sewer
  • Heating & Cooling

    WaterSource: Public

  • Lot Information

    Lot Description: Other Lot Size Area: 0.55 Acres Lot Square Feet: 23,958

    Property Information

    Property Type: Land Sub Type: Unimproved Land Subdivision: Melbogallie Subd MLS Area Minor: 323 - Eau Gallie Source Neighborhood: Melbogallie Subd

  • Listing Price Information

    Listing Id: 1083000 ist Price: $625,000 Listing Terms Cash, Conventional
  • Listing Information

    Possession: Close Of Escrow

  • Tax Information

    Parcel Number: 27-37-21-50-B-7 Annual Tax: $2,126 Tax Year: 2025 Taxes: MELBOGALLIE SUBD LOTS 7,8,9, 10 & 11 BLK B

  • School Information

    Elementary School: Harbor City
    Elementary School District:
    Junior High School: Hoover
    Senior High School: Melbourne
  • Utility Information

    Other
  • Location Information

    Direction: From US 1, head west on Torrence Lane. Property is on left near center of street.
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ByOwner last updated this listing 07/23/2026 @ 00:26

MLS: 1083000 LISTED BY: Milena Fernandes, Golden Group Realty LLC 407-990-5905 SOURCE: Space Coast MLS (Space Coast Association of REALTORS®)

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