1 / 8
For SaleLand / Lot
$1.8M
186.59 Acres Of Vacant Land, Melbourne, FL 32934
Downtown Melbourne neighborhood
Subdivision: None
0
Bathrooms

About This Property

Description from listing agent

Discover a rare opportunity to own 186.59 acres (per survey) of untouched Florida wetlands along the serene shores of Lake Washington. This expansive parcel offers incredible natural beauty, privacy, and ecological value, making it ideal for conservation, or mitigation banking. With direct access to Lake Washington, the property features diverse native vegetation, wildlife habitat, and stunning water views.

Space Coast Context

🚀 Launch Viewing — Good Views

29 mi from SLC-40

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

Aerospace Commute Guide
Northrop6.6 mi~15 min
L3Harris7.2 mi~16 min
Blue Origin24.2 mi~54 min
SpaceX24.4 mi~54 min
Lockheed24.6 mi~55 min
KSC25 mi~56 min
Boeing/KSC25 mi~56 min

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / 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
193.28 acres (8,419,277 sqft)
Waterfront
Lake Washington
Days on Market
401
MLS Area
321 - Lake Washington/S of Post

Schools

Elementary

Sabal

Middle School

Johnson

High School

Eau Gallie

Financial & Listing Details

Listed
Jul 23, 2025
Parcel #
27-36-04-00-00001.0-0000.00
$1.8M

Listing Agent (for property info)

R
Rusty E Melle
ITG Realty
321-622-2701
Call Listing Agent

Estimated Monthly Payment

$11,434/mo
Principal & interest
$9,484
Property taxes
$1,800
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $1.8M price — down payment shown: $360,000.

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# 1052469

What's Nearby

fire stations
West Eau Gallie Fire / Rescue Station 81
1.9 mi away
dog parks
Bark Park
2.7 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1052469 · Listing Broker: ITG Realty · 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.