Excellent development/ Investor opportunity East of US 1 close to the Vibrant Eau-Gallie Arts District W/ C1 Zoning. This property is close to downtown restaurants, local brewery, art galleries, civic center, post office, library, Eau- Gallie Pier & more! Sitting high & dry, mostly cleared, and fenced on two sides this parcel was recently subdivided in 2024 into two lots with two separate tax Id's. Lot dimensions are 64' of road frontage X 140' deep and has a wide range of uses. Choose from ether a commercial endeavor, multifamily development similar to new townhomes just constructed in 2024 two lots to the North or convert back to single family residence. Property to the North with 506 Sq ft building is also listed for sale including these parcels. MLS # 1040375You can also build up to three (3) stories. Buyer to verify with the City of Melbourne Planning & Zoning Department. Listing Agent is part owner.