2106 Vernon Place, Melbourne, FL 32901

The residence

About this property

A rare opportunity in the dynamic heart of Downtown Melbourne, this 0.36-acre C-3 zoned property offers one of the area's premier mixed-use development prospects. The site allows for up to 36 residential units above ground-floor commercial space, ideal for retail, office, restaurant, or other active uses that complement the urban fabric. Positioned in a highly walkable, amenity-rich district, the site is surrounded by upscale retail, popular restaurants, and recently completed mixed-use developments that continue to drive consistent foot traffic and urban vibrancy. Zoned C-3, the property supports a broad range of high-demand uses including multi-family residential, office, retail, restaurant, or hospitality. With no setback requirements and a generous height allowance of up to 96 feet, the site offers exceptional vertical development potential—making it an ideal canvas for a dynamic, high-density project. Whether envisioned as ground-floor boutique retail with luxury residences above, or a vibrant commercial destination tailored to serve the growing downtown population, this property provides a unique opportunity to shape the future of one of Florida's most promising urban markets. Further enhancing long-term value is the site's proximity just three miles from Melbourne Orlando International Airport, which is currently undergoing a multi-million terminal and runway expansion. Combined with significant nearby investments, including the newly funded Margaritaville development and multiple luxury residential projects within a two-mile radius, the area is poised for continued economic growth and demand. An additional feature that enhances both functionality and flexibility is the presence of a 15-foot-wide service alley that runs continuously from Vernon Place to Waverly Place. This through-access configuration offers ideal ingress and egress for service vehicles, loading, and back-of-house operations adding further appeal for future commercial or mixed-use development. This is more than a development site it is a strategic gateway to opportunity in the heart of the Space Coast's most exciting downtown corridor.

At a glance

Property details

Property type

Mixed Use

Listing type

For sale

Status

Active

Bathrooms

1

Living area

1,340 sq. ft.

Year built

1926

Lot size

15,681.6 sq. ft.

Subdivision

Powells and Henleys Resubd

County

Brevard

Original list price

$1,495,000

Listing date

April 3, 2026

Annual property tax

$3,437 (2024)

Listing agent

James Edmunds

Listing office

One Sotheby's International

MLS number

1043769