US 1 and Cottrell - MULTI-FAMILY Residential

This 12.39-acre parcel is comprised of seven (7) contiguous land parcels, spanning from US 1 on the west side to the Indian River on the east. Cottrell Avenue is the access street to the north and Route 1 to the west.

• The frontage on U.S. Highway 1 is 568 +/- linear feet and the riverfront frontage totals approximately 370 feet.
• Zoning: RU-2-10 - this is a medium-density multiple-family residential zoning classifications encompass lands devoted to medium-density multifamily residential purposes. Allowed uses include but are not limited to: Multifamily dwellings, Duplexes, Resort dwellings, Single-family attached dwellings, in accordance with the development standards in the single-family attached residential zoning classifications, Single family dwellings up to the allowable density limitation of the zoning classification, Parks and public recreational facilities, Private golf courses, Foster homes.

The piece is located on the east side of US Highway 1, directly across the street from the Space Coast Frontenac Flea Market. The piece contains approximately 570 feet of direct US 1 frontage, as well as direct Indian River frontage totaling approximately 370+/- feet. The site is easily accessible to I-95 at Port St. John Parkway, State Road 528 and Route 1 is a major north-south corridor through the entire county along the river. Driving distance to major air travel is also convenient, with a drive distance of 40 miles to the Orlando International Airport, 46 miles to the Sanford/Orlando Airport and just 28 mies south to the Melbourne/Orlando International Airport. Local attractions include Kennedy Space Center (11 miles), the American Police Hall of Fame (5 miles) and Cape Canaveral and local beaches and ports of call (14 miles). Also in the vicinity the Hyatt Place Hotel is expected to break ground in October 2018 and open in Fall of 2019.