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: $46K (8/25)
$449,000
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
- 95 days
- 47
- 9
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
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Price change | $449,000-9.3% |
Source: Space Coast AOR #1083000 Report a problem | ||
| 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
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.






