Property Description
Commercially zoned vacant lot on high-traffic Aurora Rd in Melbourne, FL, presenting an attractive passive income opportunity for savvy investors. Currently leased to Clear Channel Advertising for a roadside billboard, this low-maintenance asset delivers steady $500/month income with minimal management required. With lease renewal scheduled for 2028, investors also benefit from potential future income growth, adding upside to an already stable cash-flowing property. A turnkey commercial investment offering reliable returns today with the possibility for increased revenue tomorrow.
Property Features
Property Type: Residential - Industrial
Lot Size: 0.30 Acres
Feature Descriptions
Days on Site: 2
Lot: Other
Road Surface: Asphalt
Sewer: Unknown
Utility Features: Electricity Connected
Water: None
Local Schools
Middle School: Johnson
Elementary School: Sabal
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Brevard
Agency Phone: 321-259-1170
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 577.93 per month $545.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $32.08 Homeowner's InsuranceChange Payment Information
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Unknown Aurora | MLS# 1076384
This real estate located at Unknown Aurora , Melbourne, FL 32935 is currently listed for sale with an asking price of $110,000. Search Melbourne real estate on www.watsonrealtycorp.com today.