East Strawbridge Vacant Land

308 E Strawbridge Ave Melbourne, FL 32901

308 E Strawbridge Ave, Melbourne, FL, 32901
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FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Feb 14, 2024

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Description

This .75-acre parcel in the heart of charming Historic Downtown Melbourne offers a prime opportunity amidst remarkable growth and revitalization. The site is currently zoned RP with a 1500 sq ft building on it, but the City of Melbourne has indicated that a variance for redevelopment would be considered. They are open to Residential professional & Residential development.

With 288 diverse businesses within one mile, Downtown attracts customers from across thriving Brevard County (population 169,000; average household income $85,883, projected to reach $99,247 by 2028). Proximity to Florida Tech’s 6,500 students, 200+ tech and aviation firms fueling economic growth, Melbourne International Airport’s 300,000 annual European travelers, and popular attractions like Disney, theme parks and the Kennedy Space Center (just 30 minutes away) brings a steady customer base to this vibrant district. As Downtown Melbourne continues to thrive as an arts, culture and business hub, this site is ideally positioned to join a captivating mix of dining, shopping, entertainment and creativity. Seize this chance to launch or expand your enterprise in the heart of an extraordinary location where business meets boundless potential.

TBD

Building Size: 1500sq ft
Lot Size: 0.75 acres


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Map of 308 E Strawbridge Ave, Melbourne, FL, 32901

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.