1 / 10
For SaleLand / Lot
$525K
0 W Florida Avenue, Melbourne, FL 32904
University Park neighborhood
Subdivision: None
0
Bathrooms

About This Property

Description from listing agent

Nearly 4 acres of beautiful agricultural land in the heart of Melbourne. An opportunity like this doesn't come around very often. Build your forever home in this peaceful setting or hold onto the land for investment. No matter what, you'll be only minutes away from anything you might need around town. A thick green tree line edges the east boundary, and a fence runs along the north. Present property access is from W. FL Ave, but access from Dairy Rd is also an option.

Space Coast Context

🚀 Launch Viewing — Fair Views

35.2 mi from SLC-40

35.2 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris3 mi~7 min
Northrop5 mi~11 min
Blue Origin29.4 mi~1h 6m
SpaceX30.4 mi~1h 8m
Lockheed30.4 mi~1h 8m
Boeing/KSC32.1 mi~1h 12m
KSC32.5 mi~1h 12m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
3.95 acres (172,062 sqft)
Days on Market
89
MLS Area
330 - Melbourne - Central

Schools

Elementary

Meadowlane

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Jun 2, 2026
Parcel #
28-37-17-00-30
$525K

Listing Agent (for property info)

K
Kirsten Palmer
Waterman Real Estate, Inc.
321-266-9103
Call Listing Agent

Estimated Monthly Payment

$3,441/mo
Principal & interest
$2,766
Property taxes
$525
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $525K price — down payment shown: $105,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1046042

What's Nearby

shopping
Bee Back Food Mart
0.5 mi away
fire stations
Station No. 78
0.5 mi away
parks
Playground at Clements Wood Park
0.7 mi away
schools
University Park Elementary School
0.9 mi away
dog parks
Melbourne Pieloch Dog Park
0.9 mi away
dog parks
Melbourne Pieloch Dog Park
1.0 mi away
schools
Florida Institute of Technology FW Owlins Sports Complex
1.1 mi away
grocery
Walmart Neighborhood Market
1.1 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1046042 · Listing Broker: Waterman Real Estate, Inc. · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.