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 Melbournes 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 Floridas 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!