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4399 N Hwy 1 4.18 Acres of Commercial Land Offered at $6,965,641 CAD in Melbourne, FL 32935
INVESTMENT HIGHLIGHTS
- Highly visible parcel with multiple permitted uses
EXECUTIVE SUMMARY
Secure income from a NNN tenant, One Water Marine (NASDAQ: ONEW)
4.18 acres that fronts US Hwy 1 and the Indian River Lagoon
Permits to build a 96 slip marina (50 wet slips and 46 dry slips)
Private boat ramp
Priced with the marina basin completely restored, all brand new docks, electric, water, and dredging
1.9 acres private manmade marina basin protected by a 146 linear foot concrete breakwater
Sale includes a 2,307 SF 4 bedroom/3 bath home on the water
Zoning: BU-1 commercial, residential
Minutes to some of the areas most popular beaches (Satellite Beach, Cocoa Beach, Melbourne Beach, Sebastian Inlet)
Brevard County is one of the fastest growing counties in Florida
Less than 1 hour from Orlando and area theme parks
Direct access to the expansive Indian River Lagoon
4.18 acres that fronts US Hwy 1 and the Indian River Lagoon
Permits to build a 96 slip marina (50 wet slips and 46 dry slips)
Private boat ramp
Priced with the marina basin completely restored, all brand new docks, electric, water, and dredging
1.9 acres private manmade marina basin protected by a 146 linear foot concrete breakwater
Sale includes a 2,307 SF 4 bedroom/3 bath home on the water
Zoning: BU-1 commercial, residential
Minutes to some of the areas most popular beaches (Satellite Beach, Cocoa Beach, Melbourne Beach, Sebastian Inlet)
Brevard County is one of the fastest growing counties in Florida
Less than 1 hour from Orlando and area theme parks
Direct access to the expansive Indian River Lagoon
PROPERTY FACTS
| Price | $6,965,641 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 4.18 AC |
| Zoning | BU-1 - Neighborhood Business Use | ||
| Price | $6,965,641 CAD |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.18 AC |
| Zoning | BU-1 - Neighborhood Business Use |
1 LOT AVAILABLE
Lot
| Price | $6,965,641 CAD | Lot Size | 4.18 AC |
| Price Per AC | $1,666,421.29 CAD |
| Price | $6,965,641 CAD |
| Price Per AC | $1,666,421.29 CAD |
| Lot Size | 4.18 AC |
4.18 AC property is permitted for a 96 slip marina. The marina basin consists of 1.92 acres (fee simple) with 2.26 acres of upland. The adjoining parcel has an existing 2,307 SF 4 bd/3ba SFH that overlooks the picturesque Indian River Lagoon.
PROPERTY TAXES
| Parcel Number | 26-37-32-25-00000.0-0001.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $541,750 CAD |
PROPERTY TAXES
Parcel Number
26-37-32-25-00000.0-0001.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$541,750 CAD
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4399 N Hwy 1
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