River's Edge FIT Property

  SOLD November -0001 for $4,950,000

4400 Dixie Highway NE, Palm Bay, Florida 32905

Building Size39,234 Square Feet
Land Size6.92 Acres
Parking90 Spaces
Year Built1986
Traffic count22,000 Vehicles per day

6.36 acre waterfront campus with two buildings totaling 39,234 SF. Located in Palm Bay, Florida, with 850 +/- feet of waterfront to the west and north (505 ft +/- deeded), and 530 feet of frontage along US Hwy 1 (Dixie Hwy). Easy access and egress, with two entrances, and two separate parking lots. Perfect for a school, university, medical center, ALF, business campus, or a religious institution.

The City has also suggested that rezoning to Bayfront Mixed-Use is plausible, as it conforms with the area's future land-use, and aligns with the City's vision of creating a downtown bayfront destination in this area. Bayfront Mixed Use (BMU) permits high-density multifamily, up to 40 residential units per acre, provided the development also includes a commercial component of at least 20%.

The city's vision of the area is to create a destination recognized as a pedestrian-friendly, mixed use community with a Mainstreet Village character capitalizing on its waterfront location that boasts improved narrow streets, pedestrian pathways and US 1 crosswalks leading to public spaces including waterfront parks, attractive views, and a waterfront theme.

The main 29,617 SF building was recently renovated to include 70% office space, with 30% remaining a shell. The 2nd 9257 SF building is a shell, but it is air-conditioned and maintained as a storage space.

View the property video here - https://youtu.be/lWOsjbhTmoQ

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

Powered by TotalCommercial.com