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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

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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

Property Address: U.S. Highway 1, Micco, Florida 32976
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
Sale Type Investment or Owner User
No. Lots 3
Property Type Land
Property Subtype Residential
Proposed Use
Retail
  • Multifamily
  • Hold For Development
  • Schools
  • Storefront
  • Storefront, Retail or Residential
  • Strip Centre
  • Supermarket
Total Lot Size 15.85 AC
Zoning C - Commercial

3 LOTS AVAILABLE

Lot 500

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
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
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!

  • Listing ID: 16404428

  • Date on Market: 2019-05-02

  • Last Updated:

  • Address: US Highway 1, Micco, FL 32976

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