Exceptional Development Opportunity in Downtown Melbourne! This shovel-ready multifamily project comes with full city approvals and demolition scheduled to begin in the coming days of August 2025. The sale includes a prime lot with a 1-year valid permit for both demolition and construction of a 10-unit apartment building (8 units of 2 bed / 2 bath and 2 units of 1 bed / 1 bath) plus 14 parking spaces, an elevator, and modern landscaping. Avoid the lengthy approval process — this is a turnkey project ready to break ground immediately. With projected gross annual rental income exceeding $250,000 and strong rental demand in Melbourne’s growing downtown, investors can expect an attractive return. Whether you are a local builder or an out-of-state investor, this is a rare chance to secure a premium development site in one of Florida’s most dynamic growth markets. All approved plans, permits, and documentation will transfer to the buyer at closing. Act now — ready to build, ready to profit!