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2100 S US HIGHWAY 1 - Fully Entited ACLF with Plans 19.09 Acres of Residential Land Offered at $4,000,000 in Malabar, FL 32950
Executive Summary
situated just south of Malabar Road, a major East-West artery with direct access to
Interstate 95, as the closet interchange is 5 miles to the west. The shopping area
along Palm Bay Road is 5 minutes to the north, while it is a 15 minute commute to
the Melbourne Square Mall and downtown areas. Valkaria Airport is 5 miles to the
south, Melbourne/Orlando International Airport is 15 minutes to the north and
Orlando International Aiport is an hour commute via I-95.
Property Facts
| Price | $4,000,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 19.09 AC |
| Property Type | Land | ||
| Zoning | High Density Residential - High Density Residential | ||
| Price | $4,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 19.09 AC |
| Zoning | High Density Residential - High Density Residential |
1 Lot Available
Lot
| Price | $4,000,000 | Lot Size | 19.09 AC |
| Price Per AC | $209,533.79 |
| Price | $4,000,000 |
| Price Per AC | $209,533.79 |
| Lot Size | 19.09 AC |
Zoned and permitted for ± 283 Unit Senior Housing Campus • Maximum zoning density of 343 units allows for additional development of 70+ units of IL or 55+ condominiums • Parcel ID: 29-38-05-00-502 • Tax ID: 2953285 / $10,110 - 2017
Description
Zoned and permitted ± 283 Unit Senior Housing Campus • Recommended Phase One Unit Mix: 40 Independent Living Units (51 beds) 75 Assisted Living Units (100 beds) 20 Memory Care Units (25 beds) • Mirror building recommended for Phase II • Maximum zoning density of 343 units allows for additionaldevelopment of 70+ units of IL or 55+ condominiums • Unit sizes range from 250 SF and up with no maximum size per unit • Conceptual site plan includes retail amenities, clubhouse & pool • ± 1.14 Acre deep water access frontage (1,000’ x 50’) • ± 19.09 Acre Future Development Site • ± 1,023’ of Frontage along Highway 1 • Independent Living, Assisted Living, Skilled Nursing and Memory Care use
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,201,430 |
Property Taxes
Contact the Sale Advisor
2100 S US HIGHWAY 1 - Fully Entited ACLF with Plans