3318 Pelham Street, Melbourne, FL 32901

Property Description

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 future! Buyer/Buyer's Agent to verify zoning, permitted uses, utilities, environmental conditions and all development requirements.