Grant Valkaria 57.19 Acres Residential

The property is located in Grant-Valkaria, Brevard County, Florida (location of the Grant Seafood Festival) 12 miles south of Melbourne. Melbourne International Airport is 14 miles north of the property. Grant Road connects to US Highway 1 to the East via Old Dixie Highway. US #1 is a major commercial corridor that runs the entire east coast of Florida and the United States. The Town of Grant-Valkaria is a relatively new municipality and covers 30 square miles with a current population of just under 4,000 residents. For hospitals, schools, shopping, and employment, the City of Palm Bay is approximately 7 miles north and the City of Sebastian is about 9 miles south.

The property was originally plan approved as Trout Creek Estates, an upscale, gated, equestrian subdivision with 42 one acre lots. The plan is expired but could possibly be re-approved, however, there is also potential for larger tract ranchette estate homesites with a few residences by working under the County flag lot and easement code to avoid required paved roadways, platting, and SJRWMD permits. The property is zoned for SEU Suburban Estate Use. Land use is Residential 1 - density not to exceed one dwelling unit per acre. The terrain of the property, the water amenities such as Trout Creek, the pond, and the close proximity to the intra-coastal waterway make this an attractive development opportunity. This 57-acre residential site has frontage on Old Dixie Highway in two places 180 ff and 315 ff. Parcel ID: 2938 28 25 0000X.0 0009.01 Tax ID: 2963721 /RE Tax: $9,678