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$1,395,000 -$100,000 (-6.69%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for 2106 Vernon Pl
General
- Price: $1,395,000
- Taxes: $3,437 (2024)
- Status: Active
- Type: Commercial
- Source: BrevardCounty
- MLS ID: 1043769
- Updated: 5/29/2026
- Added to Site: 409 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
Parking
- Parking Features: Additional Parking, Off Street
Location
- Area: 330 - Melbourne - Central
- County: Brevard
- Subdivision: Powells and Henleys Resubd
- Driving Directions: From Melbourne Ave, head north on Vernon Place, the site will be on the left
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Frame
- Roof: Shingle
- Square Feet: 1,340
- Living Area: 1,340 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1926
Unit Information
- Units in Building: 1
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,681.6
- Frontage: Alley, City Street
- Lot Features: Zero Lot Line
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $1,041.04
- Tax Amount: $3,437.23
- Tax Year: 2024
Disclosures and Reports
- Property ID: 28-37-03-82-00046.0-0012.00
Listed by One Sotheby's International
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Schools
Schools serving 2106 Vernon Pl
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
University Park Elementary School 500 West University Boulevard, Melbourne, FL 32901 | PK-6 | 1.7 mi |
Herbert C. Hoover Middle School 2000 Hawk Haven Drive, Indialantic, FL 32903 | 7-8 | 2.6 mi |
Melbourne Senior High School 74 Bulldog Boulevard, Melbourne, FL 32901 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2106 Vernon Pl
Date
Details
Price
Change
Source
5/29/2026
Price Reduced
$1,395,000
-6.69%
MLS
4/20/2025
Listed
$1,495,000
522.92%
MLS
7/29/2014
Sold
$240,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2106 Vernon Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,346
-3%
$189,290
-2%
2024
$3,437
-7%
$192,810
-17%
2023
$3,698
26%
$231,700
47%
2021
$2,936
-13%
$157,370
-31%
2022
$3,376
15%
$229,260
47%
2021
$2,936
-3%
$155,450
—
2019
$3,017
-4%
$154,960
-5%
2018
$3,135
8%
$163,260
13%
2017
$2,909
1%
$144,030
1%
2016
$2,877
10%
$142,190
22%
2015
$2,607
3%
$116,680
2%
2014
$2,543
-1%
$114,380
1%
2013
$2,557
—
$113,050
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2106 Vernon Pl
2106 Vernon Place, Melbourne, FL 32901 (MLS# 1043769) is a Commercial property. 2106 Vernon Place is currently listed for $1,395,000 and was received on April 20, 2025. Want to learn more about 2106 Vernon Place? Do you have questions about finding other Commercial real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

