
Own 11.54 Prime Acres in the Heart of Melbourne and the Desirable Lake Washington Area! This versatile property offers a unique opportunity to build your dream single-family estate or capitalize on its development potential. A portion of the land lies within the county, while 5.03 acres are fully entitled for multi-family development and annexed into the City of Melbourne. These 5.03 acres are shovel-ready, with approvals in place for 11 duplex buildings (22 total units)-a rare turnkey opportunity. City water and sewer are already accessible to the 5.03 acres, and a full set of construction plans and due diligence documents are included, saving you valuable time and resources. Whether you're looking to create a private residential compound or develop a high-demand multi-family project, this site offers exceptional value in a rapidly growing area. Opportunities like this in such a sought-after location don't come around often!
| Type | School name | District name |
|---|---|---|
| Elementary | Sabal | Not available |
| Middle | Johnson | Not available |
| Juniorhigh | Johnson | Not available |
| Year | Tax amount | |
|---|---|---|
| 2023 | USD $1621 | AUD $2,329* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.
Email enquiry to Waterman Real Estate Inc.
Property ID: 110109656341
Original Property ID: 3yd-SCAORFL-1084057