2106 Vernon Place , Melbourne, Florida

House for Sale in Melbourne

2106 Vernon Place , Melbourne, FL

  • CA$1,886,242
  • 2 BEDS
  • 1 BATHS
  • 0.36 ac Land
  • CA$1,886,242

House for Sale in Melbourne

2106 Vernon Place , Melbourne, FL

  • CA$1,886,242
  • 2 BEDS
  • 1 BATHS
  • 0.36 ac Land
  • CA$1,886,242

Key Facts

  • MLS® #: 1043978
  • Property ID: SIRC2390682
  • Original Price: USD 1,495,000
  • Property Type: Residential, Single Family Detached
  • Style: Traditional
  • Lot Size: 0.36 ac
  • Year Built: 1926
  • Bedrooms: 2
  • Bathrooms: 1

Property Description

Situated in the dynamic urban core of Downtown Melbourne, this exceptional 0.36-acre property offers a rare and highly strategic opportunity for redevelopment within one of Florida's most rapidly evolving markets. Zoned C-3 for mixed-use commercial applications, the site is ideally positioned to accommodate a broad range of high-demand uses including multi-family residential, office, retail, restaurant, and hospitality. Currently improved with a single-family residence constructed in 1926, the existing structure comprises approximately 1,400 square feet with 2 bedrooms and 1 bathroom. While the home remains intact, the highest and best use of the property is as a premier development site. The zoning designation allows for significant vertical development potential, with no setback requirements and a maximum building height of up to 96 feet. Conceptual capacity includes the ability to construct up to 36 residential units integrated with ground-floor commercial amenities The property is located within a highly walkable, amenity-rich environment surrounded by upscale retail, popular dining establishments, and recently completed mixed-use developments all contributing to sustained pedestrian traffic and urban vitality. Strategically located just three miles from the Melbourne Orlando International Airport currently undergoing a multi-million-dollar terminal and runway expansion the site benefits from its proximity to major infrastructure investments. Additionally, surrounding developments such as the new Margaritaville resort and multiple luxury residential projects within a two-mile radius further underscore the area's momentum and long-term growth prospects. The site also includes a 15-foot-wide service alley that provides continuous access between Vernon Place and Waverly Place. This through-access enhances logistical efficiency for future loading, service vehicles, and other back-of-house functions, increasing the development's operational flexibility. This offering represents more than just a redevelopment opportunity it is a pivotal investment in the future of Downtown Melbourne, serving as a potential cornerstone within the broader transformation of the Space Coast's most vibrant commercial and residential corridor.

Amenities

  • Boating
  • Central Air
  • City
  • Country Club
  • Fishing
  • Golf
  • Open Porch
  • Tennis
  • Wood Fence
  • Yacht Club

Listing Agents

  • James Edmunds

    C. 3213495068

    O. 3213495068

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Location

2106 Vernon Place , Melbourne, Florida, 32901 United States

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Marketed By

ONE Sotheby's International Realty
301 Ocean Avenue
Melbourne Beach, Florida, 32951
United States

3219843135

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