Exceptional shovel-ready development opportunity in one of Melbourne's fastest-growing corridors! This fully entitled site is approved for eight townhomes, with the City of Melbourne site plan already fully approved--eliminating the time, expense, and uncertainty of the entitlement process. The cleared and graded property offers approximately 14,400 square feet of buildable area and is ready for horizontal construction, allowing developers to skip an estimated 12-18 months of approvals. Utilities, including water, sewer, and electric, are available at the property line, and the site fronts an improved, established roadway. Plans are designed for eight spacious 3-bedroom, 2.5-bath townhomes of approximately 1,800 square feet each. Located near Florida's thriving Space Coast with strong demand for new construction, this turnkey opportunity is ideal for builders, investors, or developers. Seller will consider an outright sale, joint venture, or build-to-suit arrangement.
Lot/land
Price cut: $130K (7/23)
$495,000
0 Torrence Ln, Melbourne, FL 32935
--beds
--baths
0.55Acres
Unimproved Land
Built in ----
0.55 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Cleared and graded property
- 25 days |
- 77 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Milena Fernandes 407-990-5905,
Golden Group Realty LLC
Source: Space Coast AOR,MLS#: 1083000
Facts & features
Interior
Features
- Has fireplace: No
Video & virtual tour
Property
Lot
- Size: 0.55 Acres
- Features: Other
Details
- Parcel number: 27372150B7
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Subdivision: Melbogallie Subd
Location
- Region: Melbourne
Financial & listing details
- Annual tax amount: $2,126
- Date on market: 7/21/2026
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,432/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Price change | $495,000-20.8% |
Source: Space Coast AOR #1083000 Report a problem | ||
| 7/21/2026 | Listed for sale | $625,000+127.3% |
Source: Space Coast AOR #1083000 Report a problem | ||
| 10/2/2024 | Sold | $275,000-8.3% |
Source: Space Coast AOR #1020857 Report a problem | ||
| 8/8/2024 | Pending sale | $300,000 |
Source: Space Coast AOR #1020857 Report a problem | ||
| 7/30/2024 | Listed for sale | $300,000+150% |
Source: Space Coast AOR #1020857 Report a problem | ||
| 12/8/2023 | Sold | $120,000-31.4% |
Source: Space Coast AOR #972273 Report a problem | ||
| 9/20/2023 | Contingent | $175,000 |
Source: Space Coast AOR #972273 Report a problem | ||
| 9/19/2023 | Listed for sale | $175,000 |
Source: Space Coast AOR #972273 Report a problem | ||
| 8/30/2023 | Contingent | $175,000 |
Source: Space Coast AOR #972273 Report a problem | ||
| 8/11/2023 | Listed for sale | $175,000 |
Source: Space Coast AOR #972273 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 32935
Nearby schools
GreatSchools rating
- 4/10Harbor City Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 7/10Herbert C. Hoover Middle SchoolGrades: 7-8Distance: 3.7 mi
- 6/10Melbourne Senior High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Harbor City
- Middle: Hoover
- High: Melbourne
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $184,7002 bd1 ba1k sqft817 Torrence Ln, Melbourne, FL 32935Off Market
Save - $112,9002 bd1 ba1k sqft833 Sarno Rd, Melbourne, FL 32935Off Market
Save - $--1 bd1 ba-- sqft840 Adger Smith Ln #890, Melbourne, FL 32935Off Market
Save 
- $--2 bd1 ba600 sqft840 Adger Smith Ln #B, Melbourne, FL 32935Off Market
Save 
- $559,900-- bd-- ba2.6k sqft840 Adger Smith Ln, Melbourne, FL 32935Off Market
Save - $226,0003 bd2 ba1k sqft842 Torrence Ln, Melbourne, FL 32935Sold
Save - $405,0002 bd3 ba1.5k sqft900 Paddleboard Ct, Melbourne, FL 32935Sold
Save - $2,1952 bd3 ba1.5k sqft870 Paddleboard Ct, Melbourne, FL 32935For Rent
Save
A local agent can set up tours, give advice and negotiate with sellers.



