625 - 629 E Melbourne Ave, Melbourne, FL 3290 625 E Melbourne Ave Lot | Terrain commercial | 0,84 ha | À vendre | 1 869 186 € | Melbourne, FL 32901

Located at 625 and 629 E. Melbourne Avenue in Melbourne, Florida, the subject property enjoys a prime position within an inviting neighborhood characterized by a mix of residential, commercial, and natural elements. This location is situated on the south side of East Melbourne Avenue, flanked to the north by a City of Melbourne parking lot and the contemporary Highline Apartments, which contribute to the area's urban vibrancy. This proximity to well-maintained residential complexes and essential services enhances the appeal of the neighborhood for both residents and visitors alike. To the south, the property borders Crane Creek, providing a scenic waterway that adds to the natural charm of the area. The creek is not only a beautiful natural feature but also serves as a boundary for the City of Melbourne's water treatment facility. This strategic positioning ensures that the surrounding areas are well-serviced and maintained, while also offering residents picturesque views and opportunities for outdoor activities. The presence of Crane Creek fosters a sense of tranquility, contrasting with the bustling urban life nearby. Land Use Plan The Subject property is designated for future land use as Medium Density Residential (MDR) by the City of Melbourne. The zoning classifications align with this future land use designation. Utilities Are readily available and well-connected to the Subject property, ensuring a smooth transition for current or future occupants. The lots are equipped with municipal water and sewer services, while Florida Power & Light Company provides electricity. Additionally, a variety of service providers offer telephone and cable/internet services, making the property suitable for modern living standards. The availability of these utilities supports the potential for redevelopment into a multi-family residential project, catering to the growing demand for housing in the area. Topographically The Subject property is mostly level with the surrounding roadways, although it gently slopes downward toward Crane Creek. The soil conditions are typical for the region and appear adequate for both the existing use and potential multi-family redevelopment. The front of the site is largely clear of vegetation, while the rear area near Crane Creek features some natural greenery. According to the National Wetlands Inventory, no wetlands exist on the property, further simplifying development considerations. Overall, the Subject's topography and access to essential utilities position it as a viable option for both current residential use and future growth opportunities within this thriving Melbourne neighborhood. Public Service The area is served by two hospitals: Wuesthoff Medical Center located on Wickham Road and the recently expanded Holmes Regional Medical Center near downtown, at the intersection of Hibiscus and Hickory Streets. Holmes Regional Medical Center has undergone a significant multi-million-dollar expansion that introduced a new Birth Center and a Heart Center. Residents benefit from sufficient access to emergency services, including police and fire stations, and Waste Management effectively handles trash services. The neighborhood also offers access to quality public schools, as well as parks and libraries for community use. Flood Hazard Zone The Subject Property is categorized within Flood Zones “X” and “AE” as indicated by the Flood Insurance Rate Map (Panel Number 112009C0603H, dated January 29, 2021), which was created for the National Flood Insurance Program by the U.S. Department of Housing and Urban Development (HUD). Flood Zone "X" designates areas that are considered outside of special flood hazard zones, whereas Flood Zone “AE” falls within a special flood hazard zone. The region adjacent to Crane Creek is classified as being in the “AE” Zone. The Subject Property is displayed on the referenced flood map