Development Site on Hollywood Blvd
Hollywood Boulevard, West Melbourne, Florida 32904
Sold: $5,000,000
Property Details
Property Type
Land
Building Type
Freestanding
Land Size
72 acres
Sewer
West Melbourne
Water
West Melbourne
Zoning
Multi Family cap 5 units/acre
Electric
FPL
Property Description
The property is shown on the attached exhibits. The site will support 342 multi-family units according to the conceptual site plan. A commercial development on Palm Bay Rd.,comprising 35 acres, is south of the site. There is a vast amount of development in the immediate vicinity including Hammock Landing (the CBL developed power center), Wal-Mart Superstore and the new Bass Pro Shop. There is a reservation of road right of way along the north boundary for a proposed overpass over I-95 in the future.
The site fronts the west side of Hollywood Blvd. and extends to Interstate 95, just north of the Palm Bay Road interchange.