0 Torrence Lane, Melbourne, FL 32935
New Listing
$495,000
Property Type:
Land
Lot Size (sq. ft.):
23,958
Status:
Active
Current Price:
$495,000
List Date:
7/21/2026
Last Modified:
7/23/2026
Overview
Description
Listing Details MLS# 1083000
General Property Information
- Lot Size Acres
- 0.55
- CDD Fee YN
- No
- List Price/Acre
- 900000
Property Features
Current Use:
Residential
Development Status:
Proposed
Listing Terms:
Cash; Conventional
Lot Features:
Other
Possession:
Close Of Escrow
Sewer:
Public Sewer
Showing Requirements:
Other
Special Listing Conditions:
Standard
Utilities:
Other
Water Source:
Public
Contract Information
- Original List Price
- 625000
- Listing Contract Date
- 2026-07-21
- Property Sub Type
- Unimproved Land
Location Tax and Legal
- Street Name
- Torrence
- Street Suffix
- Lane
- County
- Brevard
- State
- FL
- Postal Code
- 32935
- MLS Area Major
- 323 - Eau Gallie
- Subdivision Name
- Melbogallie Subd
Remarks and Miscellaneous
- Public Remarks
- Exceptional shovel-ready development opportunity in one of Melbourne's fastest-growing corridors! This fully entitled site is approved for eight townhomes, with the City of Melbourne site plan already fully approved--eliminating the time, expense, and uncertainty of the entitlement process. The cleared and graded property offers approximately 14,400 square feet of buildable area and is ready for horizontal construction, allowing developers to skip an estimated 12-18 months of approvals. Utilities, including water, sewer, and electric, are available at the property line, and the site fronts an improved, established roadway. Plans are designed for eight spacious 3-bedroom, 2.5-bath townhomes of approximately 1,800 square feet each. Located near Florida's thriving Space Coast with strong demand for new construction, this turnkey opportunity is ideal for builders, investors, or developers. Seller will consider an outright sale, joint venture, or build-to-suit arrangement.
Status Change Information
- Major Change Timestamp
- 2026-07-23T12:14:05Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-07-23T12:14:05Z
- Status Change Timestamp
- 2026-07-21
More Information
Location, Tax, and Legal
- Tax Account
- 2725214
- Parcel Number
- 27-37-21-50-B-7
- General County Location
- South
- Elementary School
- Harbor City
- Middle School
- Hoover
- High School
- Melbourne
- Tax Annual Amount
- 2126
- Tax Year
- 2025
- Tax Legal Description
- MELBOGALLIE SUBD LOTS 7,8,9, 10 & 11 BLK B
- Directions
- From US 1, head west on Torrence Lane. Property is on left near center of street.
Current Use
- Residential
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Other
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Other
- Yes
Water Source
- Public
- Yes
Development Status
- Proposed
- Yes
Showing Requirements
- Other
- Yes
Listing Office:
Golden Group Realty LLC
Last Updated: July - 23 - 2026
Information is deemed to be reliable, but is not guaranteed.