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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
    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.
    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

        Not available

        Estimated sales range

        Not available

        $1,432/mo

        Price history

        DateEventPrice
        7/23/2026Price change$495,000-20.8%
        Source: Space Coast AOR #1083000 Report a problem
        7/21/2026Listed for sale$625,000+127.3%
        Source: Space Coast AOR #1083000 Report a problem
        10/2/2024Sold$275,000-8.3%
        Source: Space Coast AOR #1020857 Report a problem
        8/8/2024Pending sale$300,000
        Source: Space Coast AOR #1020857 Report a problem
        7/30/2024Listed for sale$300,000+150%
        Source: Space Coast AOR #1020857 Report a problem
        12/8/2023Sold$120,000-31.4%
        Source: Space Coast AOR #972273 Report a problem
        9/20/2023Contingent$175,000
        Source: Space Coast AOR #972273 Report a problem
        9/19/2023Listed for sale$175,000
        Source: Space Coast AOR #972273 Report a problem
        8/30/2023Contingent$175,000
        Source: Space Coast AOR #972273 Report a problem
        8/11/2023Listed for sale$175,000
        Source: Space Coast AOR #972273 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32935

        Getting around

        47 / 100
        Car-Dependent
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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