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Back 255 Coral Drive
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255 Coral Drive

Melbourne FL 32935

3
2
2
1588 sq. ft.
18295 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Investor Alert! Rare opportunity to own a prime double lot totaling 0.42 acres in one of Melbourne's most desirable riverfront neighborhoods. This property is a complete renovation or teardown and is being sold for land value and location. The existing home needs substantial work and is ideal for builders, investors, or buyers looking to create a custom dream home. Surrounded by beautiful properties and located just one lot away from the river, this oversized homesite offers incredible potential. Build a two-story home and enjoy the possibility of water views from a balcony or upper level living area. The neighborhood itself is the true gem, offering surroundings, mature landscaping, and endless possibilities for redevelopment. Opportunities like this on oversized lots near the river are becoming harder to find. Bring your vision and transform this property into something spectacular.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1588 sq. ft. floor area
18295 sq. ft. lot size
Single-Family

Happy sellers in Melbourne

89%
89% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Melbourne over the last 12 months.

Local market activity for 3 bedroom single-family properties in Melbourne

In the last 12 months, 304 three-bedroom single-family properties similar to 255 Coral Drive, have been sold.

This represents a 26% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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(619) 566-0008
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