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For SaleLand / Lot
$540K
3400-B Sarno Road, Melbourne, FL 32935
Lake Washington neighborhood
Subdivision: None
0
Bathrooms

About This Property

Description from listing agent

Vacant Commercial Parcel located directly to the West of Super Walmart. The lot is a proposed 1.3 acres that can be split from the total parcel which is twice that size. The total road frontage of both lots are 378 feet with a depth of 300 feet.

Space Coast Context

🚀 Launch Viewing — Good Views

31 mi from SLC-40

31 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
L3Harris2.9 mi~6 min
Northrop3 mi~7 min
Blue Origin25.6 mi~57 min
SpaceX26.3 mi~59 min
Lockheed26.4 mi~59 min
Boeing/KSC27.5 mi~1h 1m
KSC27.8 mi~1h 2m

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
2.6 acres (113,256 sqft)
Days on Market
235
MLS Area
330 - Melbourne - Central

Schools

Elementary

Sabal

Middle School

Johnson

High School

Eau Gallie

Financial & Listing Details

Listed
Jan 5, 2026
Parcel #
27-36-24-00-00011.0-0000.00
$540K

Listing Agent (for property info)

G
Gibbs Baum Greg Zim
One Sotheby's International
321-432-2009
Call Listing Agent

Estimated Monthly Payment

$3,535/mo
Principal & interest
$2,845
Property taxes
$540
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $540K price — down payment shown: $108,000.

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# 1065488

What's Nearby

grocery
Walmart Supercenter
0.1 mi away
restaurants
Wendy's
0.2 mi away
restaurants
Panda Express
0.2 mi away
restaurants
Jimmy John's
0.3 mi away
fire stations
Melbourne Fire Department Station 2
0.3 mi away
restaurants
Del Taco
0.3 mi away
restaurants
Firehouse Subs
0.3 mi away
grocery
Kyung Sung Oriental Market
0.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1065488 · Listing Broker: One Sotheby's International · 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.