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SW Quadrant of Babcock and Cinnamon Cove Driv

  SOLD December 2017 for $1,278,200

[Address Withheld], Melbourne, Florida 32901


Land Size20.25 Acres
ZoningR2 - Multi Family
WaterAvailable
ElectricAvailable

This land offering consists of two parcels which equals 20.25 total acres with 4.08 acres classified for retention purposes. Zoning for this site is R2 - Multi-Family Dwelling with Medium Density. Medium density in this area allows for 6-15 units per acre, with a maximum height of 36' or 3 floors.

Frontage to the property totals 1,150 feet on Lake in the Woods Drive, access to which is achieved via Babcock Street, which is recorded to have exposure up to 36,000 vehicles daily. Water and electricity are available to the site.

Tax ID#: 2827871
Parcel ID#: 28-37-16-00-757

Site is located one block off of Palm Bay Road, a major east-west artery that connects directly to the I-95 Interchange. At this intersection, there is a large shopping district, with big-name retailers such as Harley-Davidson, Bass Pro Shops, Office Depot, Super Walmart and several eateries. To the immediate east of the subject, Babcock Street runs north-south, providing quick access to downtown Melbourne to the north or Eastern Florida State Colllege - Palm Bay Campus to the south. Other notable neighbors within 5 miles of the site include Andretti Thrill Park, Florida Institute of Technology, Melbourne International Airport as well as the adjacent executive corrider in Melbourne, which is home to Embraer, Harris Corporation, Rockwell Collins, Northrup Grumman, GE and Health First.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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