Listing provided courtesy of One Sotheby's InternationalMLS# 1054075MLS Provider
  • 325 days on site
  • 5 views

A rare 165' direct riverfront development opportunity in historic downtown Melbourne. This 0.66-acre (approx. 28,750 sq ft) parcel offers 165' of unobstructed Indian River frontage with 170' depth, panoramic views of the causeway and barrier island, and a lot elevation of 20.33 ft NAVD. With city-approved site plans for 4 luxury townhomes, a 6.0 FAR, completed aquatic and habitat surveys, and C-1 zoning, the site is primed for high-end residential or mixed-use development. Survey, plans, and environmental study are approved and included. Located at the center of Melbourne's ongoing revitalization, this is a once-in-a-generation chance to anchor a flagship project on the Space Coast waterfront. The owner has already paved the way—now it's your turn to make it iconic. Secure your place on the river today. .66-acre C-1 zoned parcel with unparalleled potential, strategically located at the epicenter of groundbreaking transformative projects. Act now.

Source: Brevard Space Coast MLS, MLS#: 1054075

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  • Property Type
    Commercial Sale
  • Lot
    0.66 acres

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Melbourne FL Real Estate Market Insights | Homes, Prices & Trends


Melbourne is positioned on Florida’s Space Coast, offering direct access to the Atlantic Ocean and the Indian River Lagoon. View a snapshot of Melbourne’s housing activity, including current listings, recent sales, average sale prices, and demographic trends.

  • Median Age
    42
  • Population Density
    1,761
  • College Educated
    41%
  • Estimated Median Income
    $42,822
  • Estimated Total Home Owners
    4,860
  • Estimated Total Renters
    5,798
  • Owner / Renter Divide
    46% / 54%
  • Estimated Average Household Size
    2
  • Total Population
    26,014
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1811 Riverview Drive


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
10/2/2025Source: Brevard Space Coast MLS Price Reduction
$1,950,000 -7.1%
8/8/2025Source: Brevard Space Coast MLS Added to Database
August 08, 2025