Opportunity awaits on this 1.46-acre Indian River waterfront property offering exceptional potential for renovation, redevelopment, or investment. The property includes a single-family residence, a detached two-car garage, and an additional carport. A private dock with covered boat lift provides direct access to Indian River. The home features a solid concrete basement, offering additional square footage and flexibility for future build-out or redesign. The structure is ready for renovation and ...Opportunity awaits on this 1.46-acre Indian River waterfront property offering exceptional potential for renovation, redevelopment, or investment. The property includes a single-family residence, a detached two-car garage, and an additional carport. A private dock with covered boat lift provides direct access to Indian River. The home features a solid concrete basement, offering additional square footage and flexibility for future build-out or redesign. The structure is ready for renovation and customization by the next owner.Zoning allows for up to a 13:1 density, presenting multiple development possibilities, including a private estate, income-producing property, or potential multi-unit investment. Rare opportunity to own a sizable riverfront parcel with dockage and development potential in Melbourne.