0 Torrence Ln, Melbourne, FL 32935

Seize this exceptional real estate opportunity in a prime location! This property is zoned R-2 for single-family or multifamily development. The Seller's conceptual plans for either eight townhomes or five single-family homes are attached. City utilities are conveniently available at the front of the property. The site is largely cleared of structures and vegetation, providing a clean slate for your project. Enjoy the tranquility of a quiet street while being just minutes from the river, the historic Eau Gallie Arts District, and the beach causeway. Additional perks include two artesian wells on the property. Whether you envision a rental income property, a short-term rental compound, a tiny home community, or another innovative development, this property presents limitless possibilities. Seller will consider providing financing for land purchase or development. Please note, all information should be verified independently by the buyer.