± 19.09 AC, 283 Unit - Fully Entitled ACLF
2100 US Highway 1, Malabar, Florida 32950
$4,000,000
Property Details
Property Type
Land
Building Type
Freestanding
Land Size
19.09 acres
Zoning
High Density Residential
Property Description
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.
Location
Contact
Michael E. Dreyer, CCIM, ALC
Dreyer & Associates Real Estate Group
Office: (321) 773-1480
[email protected]