Description

Offering is 39.88 ± Acres and includes an 18-acre lake and 21.88 ± net acres for development. Includes Grant Lake Sanctuary with 25 lakefront lots plus one 1.4 acre lot on the opposite side of Sanctuary Avenue. Site has 1267 ± Grant Road frontage and 1247 ± Sanctuary Avenue frontage.
Tax ID: 2937 25 00 00764.0 0000.00 /RE Tax: $9,144 /38.48 ± acres and Tax ID: 2937 25 00 00588.0 0000.00 /RE Tax: $ 326 /1.40 ± acre

Roads are in / Fire wells complete and meet GPM code and FPL sleeves are in place
Underground utilities power / phone / cable are not in place / well and septic required

38 Acre Site is zoned SR Suburban Residential - Binding Development Plan - ½ to 1 acre per unit
Preliminary plat for Grant Lake Sanctuary (25 lakefront lots) was approved by Brevard County in May 2004, but has since expired. Reinstatement of preliminary plat and final plat approval must go through the Town of Grant Valkaria. Town Planning/Zoning and Council approval process is estimated to take between 90 to 120 days.
1.4 Acre Lot is zoned AU Agricultural Residential Lot size is grandfathered buildable.

Land use: Residential 1 - one unit per acre

The subject property is located on Grant Road 2 ½ miles East of Babcock Street in Grant Valkaria, Brevard County, Florida. Grant Road provides access West to Babcock Street, a major North/South artery running from North Melbourne South through Brevard County to Fellsmere, in Indian River County. Grant Road connects to US Highway 1 to the East via Old Dixie Highway. US #1 is a major commercial corridor that runs the entire East coast of Florida and the United States. The Town of Grant Valkaria is a new municipality and covers 30 square miles with a current population of 3,985. City of Palm Bay is approximately 7 miles North and the City of Sebastian is about 9 miles South for hospitals, schools, shopping, and employment.