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US Highway 1 4.72 - 5.67 Acre Residential Land Lots Offered at $3,119,490 - $3,119,490 CAD Per Lot in Micco, FL 32976



INVESTMENT HIGHLIGHTS
- 1,000+/- Ft. of Frontage Directly on US Highway 1 and the waterfront
- Billboard Income
- High Traffic Four Lane Highway
- Incredible Indian River Lagoon Views
- Directly in Front of Barefoot Bay Community with over 5,000 Homes
EXECUTIVE SUMMARY
Pricing: $5,999,999
Lot Size: ±15.85 Acres
Parcel 500: 5.46± Acres - $2,250,000
Parcel 502: 4.72± Acres - $2,250,000
Parcel 504: 5.67± Acres - $2,250,000
Uses: Potential for +/-475 Multi-Family units under SB102 Live Local Act
Opportunity: Billboard Income
This highly visible property boasts incredible Indian River Lagoon views with 1,000± feet of frontage located directly on U.S. Hwy 1, just North of the Sebastian Inlet.
Strategically located on US 1 in the rapidly growing area of Brevard County Fl.
This property would be ideal for a large multi-family or commercial development.
Largest remaining waterfront tract in the region!
PROPERTY FACTS
| Price | $3,119,490 - $9,358,470 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 3 | Total Lot Size | 15.85 AC |
| Property Type | Land | ||
| Zoning | C - Commercial | ||
| Price | $3,119,490 - $9,358,470 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 15.85 AC |
| Zoning | C - Commercial |
3 LOTS AVAILABLE
Lot 500
| Price | $3,119,490 CAD | Lot Size | 5.46 AC |
| Price Per AC | $571,335.18 CAD |
| Price | $3,119,490 CAD |
| Price Per AC | $571,335.18 CAD |
| Lot Size | 5.46 AC |
Parcel 500: 5.46+/- acres with 4.99+/- acres west of US Highway 1. Zoned: IN Institutional. PID# 30-38-11-00-500
Lot 502
| Price | $3,119,490 CAD | Lot Size | 4.72 AC |
| Price Per AC | $660,908.92 CAD |
| Price | $3,119,490 CAD |
| Price Per AC | $660,908.92 CAD |
| Lot Size | 4.72 AC |
Parcel 502: 4.72+/- acres with 4.37+/- acres west of US Highway 1. Zoned: BU General Retail Commercial. PID# 30-38-11-00-502
Lot 504
| Price | $3,119,490 CAD | Lot Size | 5.67 AC |
| Price Per AC | $550,174.62 CAD |
| Price | $3,119,490 CAD |
| Price Per AC | $550,174.62 CAD |
| Lot Size | 5.67 AC |
Parcel 504: 5.67+/- acres with 5.21+/- acres west of US Highway 1. Zoned: BU General Retail Commercial. PID# 30-38-11-00-504
DESCRIPTION
This highly visible property boasts incredible Indian River Lagoon views with 1,000± feet of frontage located directly on U.S. Hwy 1, just north of the Sebastian Inlet. Strategically located on US 1 in the rapidly growing area of Brevard County, Florida. This property would be ideal for a large multifamily or commercial development. Largest remaining waterfront tract in the region!
Presented by
US Highway 1
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