VACANT LAND. **MULTIFAMILY PROJET 10 UNITS. *** fully approved, shovel-ready multifamily development in the very heart of booming Downtown Melbourne. The sale includes a prime lot along with a 1-year valid construction permit for a modern 10-unit apartment building featuring: - 8 spacious units of 2 bedrooms / 2 bathrooms - 2 units of 1 bedroom / 1 bathroom - 14 dedicated parking spaces - An elevator for tenant convenience - Contemporary architectural design and professional landscaping This is a true turnkey project The financials are equally compelling. With projected gross annual rental income exceeding $250,000 All approved plans, permits, and documentation will transfer to the buyer at closing with option to have your own builder or deliver a complete project with our turnkey option.
Listing courtesy of Agent Trust Realty Corp. Selling Office: Non-MLS or Out of Area.