2106 Vernon Place Melbourne, FL $ 1,495,000
2106 Vernon Place
$ 1,495,000
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2106 Vernon Place

Melbourne, FL, 32901
$ 1,495,000
Bedrooms-- Baths1.0 Sq 1,340

Monthly Estimate*

$ 9,327

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Commercial Property for sale in Melbourne, FL

for $1,495,000 with 1 full bath. This 1,340 square foot building was built in 1926 on a lot size of 0.36.

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.

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Commercial Active

Price

$ 1,495,000

Full Bath

1

Property Type

Commercial

Taxes

$ 3,437

Style

Mixed Use

Lot Size

0.36

Year Built

1926

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1043769

Features
General
Living Area 1340.0
Sewer Public Sewer
Cooling Central Air
Possession Close Of Escrow
Roof Shingle
Construction Materials Frame
Year Built 1926
Electric 150 Amp Service
Property Subtype Mixed Use
Tax Year 2024
Current Use Residential
Building Name 125 x 127
County Brevard
Property Type Commercial Sale
HOA N
Attached Garage N
Subdivision Name Powells and Henleys Resubd
Status Active
Directions From Melbourne Ave head north on Vernon Place the site will be on the left
City Melbourne
Senior Community Y/N N
Number Of Units Total 1
MLS Area 330 - Melbourne - Central
Lot Size Units Acres
Lot Size Square Feet 15681.6
Land Lease Y/N N
Tax Annual Amount 3437.23
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 330 - Melbourne - Central
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1043769
Standard Status Active
Legal Description POWELLS & HENLEYS RESUBD LOTS 12 13 BLK 46
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Exterior
Fencing Fenced
Parking Features Additional Parking Off Street
Lot Features Zero Lot Line
Water Source Public
Inclusions Building & Land
Lot Size Area 0.36
Spa N
Lot Size Acres 0.36
Waterfront Y/N N
Road Frontage Type Alley City Street
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Total Baths 1
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Internal Only
Street Number 1 2106
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* Excluded Features
List By
One Sotheby's International

Broker

james@jameskedmunds.com

Email

Affordability Calculator

$9,613
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,327
Monthly Property Taxes
$286
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/20/2025$1,495,000 Listed Price

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2106 Vernon Place, Melbourne, FL, 32901 is a Commercial Property for sale at $1,495,000 with 1,340 sqft and a lot size of 0.36. 2106 Vernon Place has 1.0 baths and was built in 1926. The property's zip code is 32901 which is in Melbourne, FL