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10750 CR 512 Rd, Sebastian, FL 32958 - The Preserve at Fellsmere 4.18 - 47.1 Acre Commercial Land Lots in Sebastian, FL 32958

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EXECUTIVE SUMMARY

The Preserve at Fellsmere is a prime ±388.18-acre Mixed-Use Planned Unit Development (PUD) strategically located at the northeast corner of I-95 and County Road 512 in Fellsmere, FL. This listing includes a valuable parcel within an approved Preliminary Development Plan (PDD) in a desirable REAC-zoned area. The seller's conceptual plan envisions:
a) 156 Apartments: Three-story buildings designed for both appeal and functionality, located on Lot 9 (9.08 acres) fronting I-95.
b) Two Hotels: Each with 120 rooms and four stories, situated on Lot 8 (4.18 acres) fronting I-95.
This site presents a unique opportunity to develop a thriving community and hotel accommodations within a well-planned PUD, offering substantial value in a rapidly growing region. Don’t miss this rare chance to acquire a prime section of The Preserve at Fellsmere.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Auto Dealership
  • Distribution
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Industrial Park
  • Manufactured Homes or Mobile Home Park
  • Master Planned Community
  • Outlet Centre
  • Planned Unit Development
  • Public Swimming Pool
  • Self Storage
  • Single Family Development
  • Specialty, Festival or Entertainment
  • Supermarket
  • Trailer or Camper Park
  • Amusement Park
Total Lot Size 60.36 AC
Zoning REAC - (REAC) District is designed to accommodate planned commercial and light industrial developments, including business parks.

3 LOTS AVAILABLE

Lot 9

Lot Size 9.08 AC

This listing includes a parcel 9.08 acre within an approved PDD in a desirable REAC-zoned area. The seller's conceptual plan envisions 204 apartments in three-story buildings, located on Lot 9 fronting I-95. Also ideally suited for a surf park.

Lot 8

Lot Size 4.18 AC

This listing includes a 4.18 acre parcel within an approved PDD in a desirable REAC-zoned area. The seller's conceptual plan envisions two hotels, each with 120 rooms and four stories, situated on Lot 6 fronting I-95.

Lot 10

Lot Size 47.10 AC

This listing includes a 47.10 acre parcel within an approved PDD in a desirable LDMXN-zoned area. The seller's conceptual plan envisions 120 Single Family lots and 120 Townhome lots, situated on Lot 10.

DESCRIPTION

The Preserve at Fellsmere is a prime ±388.18-acre Mixed-Use Planned Unit Development (PUD) strategically located at the northeast corner of I-95 and County Road 512 in Fellsmere, FL. This for sale site offers a unique opportunity to develop a thriving community in a well-planned PUD, poised to deliver substantial value in a fast-growing region. Seize this rare chance to acquire a prime section of The Preserve at Fellsmere.

  • Listing ID: 33780916

  • Date on Market: 2024-11-06

  • Last Updated:

  • Address: 10750 CR 512 Rd, Sebastian, FL 32958, Sebastian, FL 32958

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