$1,495,000

2106 Vernon Place, Melbourne, FL 32901

  • 1 bath |
  • 1,340 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon0.36acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,116/sqft
  • Property List Date Icon Listed 10 months ago

Property Description

A rare opportunity in the dynamic heart of Downtown Melbourne, this 0.36-acre C-3 zoned property offers one of the area's premier mixed-use development prospects. The site allows for up to 36 residential units above ground-floor commercial space, ideal for retail, office, restaurant, or other active uses that complement the urban fabric. Positioned in a highly walkable, amenity-rich district, the site is surrounded by upscale retail, popular restaurants, and recently completed mixed-use developments that continue to drive consistent foot traffic and urban vibrancy. Zoned C-3, the property supports a broad range of high-demand uses including multi-family residential, office, retail, restaurant, or hospitality. With no setback requirements and a generous height allowance of up to 96 feet, the site offers exceptional vertical development potential—making it an ideal canvas for a dynamic, high-density project. Whether envisioned as ground-floor boutique retail with luxury residences above, or a vibrant commercial destination tailored to serve the growing downtown population, this property provides a unique opportunity to shape the future of one of Florida's most promising urban markets. Further enhancing long-term value is the site's proximity just three miles from Melbourne Orlando International Airport, which is currently undergoing a multi-million terminal and runway expansion. Combined with significant nearby investments, including the newly funded Margaritaville development and multiple luxury residential projects within a two-mile radius, the area is poised for continued economic growth and demand. An additional feature that enhances both functionality and flexibility is the presence of a 15-foot-wide service alley that runs continuously from Vernon Place to Waverly Place. This through-access configuration offers ideal ingress and egress for service vehicles, loading, and back-of-house operations adding further appeal for future commercial or mixed-use development. This is more than a development site it is a strategic gateway to opportunity in the heart of the Space Coast's most exciting downtown corridor.

Listing Status:
Active
Date Added:
December 31, 2025
Data Last Updated:
March 14, 2026 at 2:36AM
Listing Office:
One Sotheby's International : 321-984-3135
Listing Agent:
James Edmunds : 321-349-5068
MLS ID:
1043769
  • A/C: Central Air
  • Parking: Additional ParkingOff Street
  • Roofing: Shingle
  • General: Frame
  • Road/Access: AlleyCity Street
  • Originating MLS: Space Coast MLS (Space Coast Association of REALTORS®)
  • County: Brevard
  • Zoning: POWELLS & HENLEYS RESUBD LOTS 1213 BLK 4628-37-03-82-00046.0-0012.00
  • Fencing: Fenced
  • Current Use: Residential
  • Utilities: 150 Amp Service
  • Water: Public
  • Sewer: Public Sewer
  • Source: Space Coast MLS (Space Coast Association of REALTORS®)

This listing courtesy of James Edmunds , One Sotheby's International

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

U

University Park Elementary School

500 W University Blvd, Melbourne, FL, 32901

Grades EE-6

1.65 miles away

S

Stone Magnet Middle School

1101 E University Blvd, Melbourne, FL, 32901

Grades 7-8

1.02 miles away

M

Melbourne High School

74 Bulldog Blvd, Melbourne, FL, 32901

Grades 9-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.