1.49 Acres of Prime Commercial Land 5160 N Highway 1 1,405 SF Office Building Palm Shores, FL 32940 $1,244,250 CAD ($885.59 CAD/SF)

Prime Highway Frontage | Flexible Commercial Zoning | Endless Opportunity
Give Jeff a call today about renting this prime piece of real estate.
Positioned directly on the bustling US Highway 1 corridor in the City of Palm Shores, this 1.49-acre rectangle-shaped parcel offers an unbeatable opportunity for your next business venture. With over 42,000 daily vehicles passing by, this property delivers the kind of visibility and exposure every investor and business owner looks for.
Prime 1.49-acre C-2 commercial site on US-1 in Palm Shores, surrounded by major regional growth drivers including Embraer’s $90M expansion, Health First Viera Hospital’s doubling in size, Amazon’s 652,000 SF facility, Dassault Aviation’s new service hub, Margaritaville Resort, and the proposed EGAD boutique hotel.
Currently on-site is a 1,400 SF wood-frame office building with an enamel roof, constructed in 1992 — ideal for immediate use as office space or as a transitional structure while you plan a larger development.
Zoned C-2 General Commercial, this property supports a wide variety of uses.
Utilities are already in place with South Central Sewer and Melbourne Water service available — streamlining your path from acquisition to operation.
Whether you’re envisioning a high-traffic retail center, boutique hotel, educational facility, or specialty dealership, this property’s location and zoning flexibility make it a rare gem in Brevard County’s commercial market.
Prime commercial parcel with C2 zoning on US-1 in Palm Shores — ideal for high-exposure retail, restaurant, service or hospitality uses.
Just moments from the planned Margaritaville resort in Melbourne. Expect increased local traffic, tourism, and business activity once resort is operational.
Excellent ingress/egress: close to 404 / Pineda Causeway (beach access), Wickham Road retail corridor, and major north-south arteries.
Existing improvements reduce time to occupy or redevelop — the infrastructure is largely in place (water, sewer, etc.).
Lot size ~1.49 acres — flexible layout potential. Suitable for multi-tenant building, drive-through facility, mixed commercial use, etc.
A planned Margaritaville resort/hotel in Melbourne, approved in May 2022. It is to be located on South Harbor City Boulevard.
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It will feature ~146 rooms, multiple restaurants, a panoramic rooftop bar, a pool area with a tiki bar.
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A large stage/lawn area (~14,000 sq ft) for local entertainment for ~1,000 people.
Don’t miss this chance to secure a high-exposure commercial site with unlimited potential in one of Brevard County’s most active growth corridors.