4235 NORFOLK PARKWAY, MELBOURNE, FL, 32904
Active338 days on marketListed Aug 29, 2025MLS #O6340135
About this home
4235 NORFOLK PARKWAY
Positioned within the highly successful Hammock Landing shopping center, this ±2.52-acre commercial parcel represents one of the final remaining development opportunities along the rapidly expanding Norfolk Parkway corridor. Strategically located at the gateway to West Melbourne’s premier retail and mixed-use destination, the property offers unmatched visibility and accessibility, just off Interstate 95 and surrounded by nationally recognized anchors including Target, Kohl’s, AMC Theatres, Ulta, Panera, and Academy Sports. The site was previously planned for a SpringHill Suites by Marriott, underscoring its suitability for hospitality, medical, or retail development. All major utilities are available at the lot line, and a completed Phase I Environmental Site Assessment and ALTA/NSPS Land Title Survey confirm a clean, developable condition. With commercial zoning and flexible entitlements within the City of West Melbourne, the parcel provides an ideal canvas for developers seeking immediate entry into one of Brevard County’s fastest-growing trade areas. Situated within minutes of Melbourne Orlando International Airport, Downtown Melbourne, and the Space Coast’s leading employers including L3Harris, Northrop Grumman, SpaceX, and Blue Origin, the site benefits from a robust daytime population, strong tourism flow, and consistent year-round traffic generated by surrounding retail and residential communities. Offered at $2.5 million, the property is competitively positioned. With superior access, entitlements, and infrastructure, 4325 Norfolk Parkway stands as a shovel-ready opportunity for national or regional developers seeking a flagship presence within Florida’s booming Space Coast corridor.
Facts & features
The home at a glance
2.52 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$15,886 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$15,886/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Melbourne
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Melbourne. See the full Melbourne guide →
MELBOURNE 32904 — neighborhood snapshot
Population
36,885
Median age
41.2
Median income
$86,943
Median home value
$334,400
Avg household
2.62
Households w/ children
4,078
For the school run
Brevard County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Melbourne market
$404K → $320K
Melbourne median sold, yr/yr
97.9%
Sale-to-list ratio (12 mo)
Median sold price, Melbourne, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 503% above the MELBOURNE 32904 median. See the full Melbourne market guide →
Paper trail
This home's history
Reality check
What actually sold near 4235 NORFOLK PARKWAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$125,000
997 SONESTA AVENUE NE UNIT 206
2 bd · 2 ba · 825 sqft · $152/sqft · 254 DOM
Sold · Oct ’25$292,000
1341 ATHENS DRIVE NE
3 bd · 2 ba · 1,236 sqft · $236/sqft · 0 DOM
Sold · Mar ’26$285,000
3145 ELLIS DRIVE
3 bd · 2 ba · 1,260 sqft · $226/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 4235 NORFOLK PARKWAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4235 NORFOLK PARKWAY — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
4235 NORFOLK PARKWAY FAQs
What would the monthly payment be for 4235 NORFOLK PARKWAY?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $15,886/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 4235 NORFOLK PARKWAY?+
The most recent tax bill on record (2024) was $15,581. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Melbourne?+
At $2,500,000, this home is listed about 518% above the Melbourne median of $404,555. The market section on this page shows how the area is trending.
Which schools are assigned to 4235 NORFOLK PARKWAY?+
Meadowlane Primary Elementary School (elementary), Meadowlane Intermediate Elementary School (elementary), Central Middle School (middle), Melbourne Senior High School (high) — Brevard County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$2,500,000 runs 503% above the MELBOURNE 32904 median.
02Time on market is leverage
338 days on market against a Melbourne median of 21 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Meadowlane Primary Elementary School, Meadowlane Intermediate Elementary School, Central Middle School, Melbourne Senior High School — Melbourne Senior High School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $3,000,000, now $2,500,000 — a $500K cut. The full history is in the market section below.
Listing courtesy of RUTH JAMES FL · Valerie Anderson. MLS #O6340135.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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