Own 11.54 Prime Acres in the Heart of Melbourne and the Desirable Lake Washington Area! This versatile property offers a unique opportunity to build your dream single-family estate or capitalize on its development potential. A portion of the land lies within the county, while 5.03 acres are fully entitled for multi-family development and annexed into the City of Melbourne. These 5.03 acres are shovel-ready, with approvals in place for 11 duplex buildings (22 total units)—a rare turnkey opportunity. City water and sewer are already accessible to the 5.03 acres, and a full set of construction plans and due diligence documents are included, saving you valuable time and resources. Whether you're looking to create a private residential compound or develop a high-demand multi-family project, this site offers exceptional value in a rapidly growing area. Opportunities like this in such a sought-after location don't come around often!

Listing courtesy of Waterman Real Estate Inc.

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