$1,499,000

$1303/sq ft

$201,000
Price Decreased

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Overview

Bedroom

2

Bath

2

Year Built

1952

Garage

3

Sqft

1150

Property Type

Single Family Residence

Property Description

Mixed-Use Development Opportunity on US-1 – Approx. 3.45 Acres. List price is for both parcels 4104 (1.49 acres) and 4106 (1.95 acres) MUST BE SOLD TOGETHER, offering a combined total of approximately 3.45 acres in a prime location along US Highway 1. According to current zoning and future land use, the front portion of the property along US-1 is zoned for General Retail Commercial, while the rear portion allows for residential development, creating a versatile mixed-use opportunity. Both parcels currently include single-family residences and auxiliary storage structures, suitable for use, renovation, or redevelopment. The site offers excellent visibility and access from a high-traffic corridor. Located directly across from the IndiaRiver and just minutes from the beach, the property benefits from both commercial exposure and coastal proximity. The land features numerous mature tropical fruit trees, including longan, sugar apple, jackfruit, star apple, cashew, apple, plum, and sapodilla. Properties must be sold together. Ideal for investors or developers seeking a commercial, residential, or mixed-use project in a growing coastal area.

Property Details

MLS#

O6374097

Garage

3

Address

4106 US HIGHWAY 1 N

City

MELBOURNE

State/county

FL

Zip/Postal Code

32935

Area

Indian River Estates Villas Unrec Part Of Lot 4 As

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,630

Maint Fee

$--

Tax Year

2025

Dishwasher

Refrigerator

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Boris Gelfand