4235 NORFOLK PARKWAY
Melbourne, FL, 32904 $ 2,500,000
Baths0.0 Monthly Estimate*
$ 15,597
Studio for $2,500,000. The lot size is 2.52.
Positioned within the highly successful Hammock Landing shopping center, this ±2.52-acre commercial parcel represents one of the final remaining development opportunities along the rapidly expanding Norfolk Parkway corridor. Strategically located at the gateway to West Melbourne’s premier retail and mixed-use destination, the property offers unmatched visibility and accessibility, just off Interstate 95 and surrounded by nationally recognized anchors including Target, Kohl’s, AMC Theatres, Ulta, Panera, and Academy Sports. The site was previously planned for a SpringHill Suites by Marriott, underscoring its suitability for hospitality, medical, or retail development. All major utilities are available at the lot line, and a completed Phase I Environmental Site Assessment and ALTA/NSPS Land Title Survey confirm a clean, developable condition. With commercial zoning and flexible entitlements within the City of West Melbourne, the parcel provides an ideal canvas for developers seeking immediate entry into one of Brevard County’s fastest-growing trade areas. Situated within minutes of Melbourne Orlando International Airport, Downtown Melbourne, and the Space Coast’s leading employers including L3Harris, Northrop Grumman, SpaceX, and Blue Origin, the site benefits from a robust daytime population, strong tourism flow, and consistent year-round traffic generated by surrounding retail and residential communities. Offered at $2.5 million, the property is competitively positioned. With superior access, entitlements, and infrastructure, 4325 Norfolk Parkway stands as a shovel-ready opportunity for national or regional developers seeking a flagship presence within Florida’s booming Space Coast corridor.
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FeaturesGeneralSewer public sewer
Utilities bb/hs internet available cable available electricity available natural gas available sewer available water available
Zoning bu-1.
Tax Year 2024
Current Use business
Ownership other
HOA Fee 2 0
County brevard
Property Type land
HOA N
Status active
Directions from i-95 take exit 176 (palm bay road) and head west. turn right onto norfolk parkway. property is located on the south side of norfolk parkway within the hammock landing retail corridor.
City melbourne
MLS Area 32904 - melbourne/melbourne village/west melbourne
Lot Size Units acres
Lot Size Square Feet 109771
Tax Annual Amount 15580.54
Additional Parcels Y/N no
Building Area Units square feet
Living Area Units square feet
Standard Status active
Tax Lot t
Legal Description hammock landing phase two l0t 1
Water Access Y/N no
Water View Y/N no
Flood Zone Code x
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ExteriorWater Source public
Lot Size Area 2.52
Lot Dimensions 300??250 feet
Lot Size Acres 2.52
Road Surface Type asphalt
Waterfront Y/N no
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* Excluded FeaturesList Byvalerie@ruthjamesfl.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,597
- Monthly Property Taxes
- $1,298
- 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.
Learn more about how to save NearbyLots and land listings in Melbourne, FL
Average List Price $777,348
Percent of Sale Price 69%
About Melbourne, FL 665 Population
22% Since 2002
$ 53,919 Median Income
55.55 Median Age
11% Households with Children
Trends Information provided by ATTOM Data Solutions.
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/10/2025 | $2,500,000 | -16.67% | Price Down |
| 8/29/2025 | $3,000,000 | | Listed Price |