Unique opportunity to construct 95 fully improved townhouse sites in Melbourne, FL. With 58 completed units in the project, this asset provides the purchaser the ability to immediately construct the remaining inventory. The Seller also owns 4 finished units that can be made available separately from this offering.

Location Description:

The Subject Property is 95 fully improved townhouse sites located in the 153 Unit project known as the Riverwalk of Melbourne. The project was built in 2005 /2006 and all horizontal infrastructure is in place, Of the other 58 units, the Seller owns 4 townhouses.

Riverwalk of Melbourne is located in Melbourne, Florida in Brevard County. It's centrally located to major transportation hubs such as the Melbourne International Airport, Interstate 95 and A1A. The property is located less than 2 miles from Florida Institute of Technology. The property is a short drive to numerous beaches in the area and is in close proximity to WalMart, Publix, Holmes Regional Medical Center and Melbourne Square, a Simon mall with over 125 specialty stores.

Highlights:

>> 95 Finished Townhouse Lots

>> Ready to Build

>> Buyer able to Deliver Finished Unit to Market Quickly

>> Established Market in 58 Completed Units

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