255 Coral Drive, Melbourne, FL 32935

• 3 beds |
• 2 baths |
• 1,588 sqft

Property Description

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.

Listing Status:

Active

Date Added:

May 14, 2026

Data Last Updated:

May 21, 2026 at 7:39AM

Listing Office:

Denovo Realty : 321-237-1887

Listing Agent:

Flavia Barrial : 321-615-5658

MLS ID:

1077294

Interior

• Appliances: None
• Flooring: Other
• A/C: Central AirElectric
• Heating: CentralElectric

Exterior

• Parking: GarageGarage Door Opener

Construction

• General: ConcreteStucco1

Location

• Originating MLS: Space Coast MLS (Space Coast Association of REALTORS®)
• County: Brevard

Lot

• Zoning: LOVERIDGE HEIGHTS SUBD LOTS 1920 BLK 1627-37-22-Em-00016.0-0019.00
• Fencing: Wood
• Current Use: ResidentialSingle Family

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Space Coast MLS (Space Coast Association of REALTORS®)