# 3318 Pelham Street, Melbourne, FL 32901

> **TL;DR:** land, $50,000. Est. $268/mo. Listed 29 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $50,000 |
| Lot Size | 16,553 sqft (0.38 acres) |
| Property Type | Land (Other) |
| Status | Pending |
| Days on Market | 29 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $253 |
| Estimated Insurance | $15 |
| **Total** | **$268** |

## Nearby Schools

- **Elementary:** Palm Bay Elem
- **Middle:** Stone
- **High:** Palm Bay

## Property Highlights

- 0.38 acre lot

## Description

### Agent Description
ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Opportunity meets flexibility with this 0.38-acre multi-family property consisting of two platted lots currently combined as one parcel. Develop as-is for multi-family use, build a duplex, or explore separating the lots for single-family homes. Even better, the property has already been approved for an affordable-housing triplex, giving you a valuable head start on development. Conveniently located near Downtown Melbourne, shopping, schools, employment centers, Melbourne Orlando International Airport and major roadways. Whether your goal is to build and hold, generate rental income, develop and sell, or contribute to the continued revitalization of the community, this property offers multiple possibilities. Bring your vision and build for the future! Buyer/Buyer's Agent to verify zoning, permitted uses, utilities, environmental conditions and all development requirements.

## Location

- **Address:** 3318 Pelham Street, Melbourne, FL 32901
- **County:** Brevard
- **Neighborhood:** F C Powells Subd
- **Coordinates:** 28.058738, -80.599999
- **Google Maps:** https://www.google.com/maps?q=28.058738,-80.599999

## Listing Agent

- **Name:** Tiffany Milton
- **Brokerage:** EXP REALTY LLC
- **Broker Phone:** (888) 883-8509
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3318-Pelham-St_Melbourne_FL_32901_M57986-93742?f=listhub&s=SCAORFL&m=1089217&c=propsimple)

## Photos

![3318 Pelham Street - Photo 1](http://lh.rdcpix.com/c6cb604290d71ae898dfcefa89632eacl-f498730714r.jpg)

![3318 Pelham Street - Photo 2](http://lh.rdcpix.com/c6cb604290d71ae898dfcefa89632eacl-f1676623812r.jpg)

![3318 Pelham Street - Photo 3](http://lh.rdcpix.com/c6cb604290d71ae898dfcefa89632eacl-f1804170575r.jpg)

![3318 Pelham Street - Photo 4](http://lh.rdcpix.com/c6cb604290d71ae898dfcefa89632eacl-f1783481990r.jpg)

![3318 Pelham Street - Photo 5](http://lh.rdcpix.com/c6cb604290d71ae898dfcefa89632eacl-f4079743351r.jpg)

![3318 Pelham Street - Photo 6](http://lh.rdcpix.com/c6cb604290d71ae898dfcefa89632eacl-f2357112500r.jpg)

![3318 Pelham Street - Photo 7](http://lh.rdcpix.com/c6cb604290d71ae898dfcefa89632eacl-f1974665152r.jpg)

---

**MLS#:** 1089217 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/3318-pelham-street-melbourne-fl-32901-996c048086914babaaee2f9dbd9f7c9f)

---

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