Last updated on April 14th, 2024

± 19.09 AC, 283 Unit - Fully Entitled ACLF

$4,000,000

2100 US Highway 1, Malabar, Florida 32950


Land Size19.09 Acres
ZoningHigh Density Residential

PROPERTY HIGHLIGHTS

  • ± 283 Unit Senior Housing Campus
  • Recommended Phase One Unit Mix: 40 Independent Living Units (51 beds) 75 Assisted Living Units (100 beds) 20 Memory Care Units (25 beds)
  • Mirror building recommended for Phase II
  • Maximum zoning density of 343 units allows for additionaldevelopment of 70+ units of IL or 55+ condominiums
  • Unit sizes range from 250 SF and up with no maximum size per unit
  • Approved plan includes retail amenities, clubhouse & pool
  • ± 1.14 Acre deep water access frontage (1,000’ x 50’)
  • ± 19.09 Acre Future Development Site
  • ± 1,023’ of Frontage along Highway 1
  • Independent Living, Assisted Living, Skilled Nursing andMemory Care uses

± 283 Unit Senior Housing Campus

  • Maximum zoning density of 343 units allows for additionaldevelopment of 70+ units of IL or 55+ condominiums
  • Parcel ID: 29-38-05-00-502
  • Tax ID: 2953285 / $10,110 - 2017

Located primarily on west side US Highway in Brevard County, FL. The site is situated just south of Malabar Road, a major East-West artery with direct access to Interstate 95, as the closet interchange is 5 miles to the west. The shopping area along Palm Bay Road is 5 minutes to the north, while it is a 15 minute commute to the Melbourne Square Mall and downtown areas. Valkaria Airport is 5 miles to the south, Melbourne/Orlando International Airport is 15 minutes to the north and Orlando International Aiport is an hour commute via I-95.


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


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