Prime Waterfront Development Opportunity in Downtown Melbourne Unlock the potential of this rare 3.38-acre waterfront site in the heart of Downtown Melbourne’s thriving entertainment district. Zoned C-3 (Central Business District), this site offers a high-density development opportunity, allowing for up to 392 multifamily units and 7,000+ square feet of commercial/restaurant space. Strategically located along Crane Creek with direct water views, this property sits at the intersection of East New Haven Avenue and South Harbor City Boulevard, placing it within walking distance of boutique shops, dining, and cultural attractions. Key Investment Highlights include; C-3 Zoning permits mixed-use, multifamily, hotel, retail, and dining, making it a versatile development site. The local Community Redevelopment Agency (CRA) is willing to offer millions in TIFFs and additional structured parking incentives to support development. In Downtown Melbourne’s entertainment district, with high walkability and access to major employers, Melbourne Orlando International Airport (2.5 miles away), and the Space Coast’s booming industries. Brevard County is experiencing steady population and employment growth, strengthening demand for residential and commercial developments. With a purchase price of $7.5 million, this site presents a rare opportunity for developers looking to capitalize on the rapid growth and urban resurgence of Downtown Melbourne. Contact us today to learn more about this premier waterfront development site.