± 19.09 Acre, 283 Unit Fully Entitled Aclf

2100 S. US Highway 1, Malabar, FL

$4,000,000

Price

19.09 acres

Lot Area

 
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Street
Map
Overview
Lot Area
19.09 acres
Description

• Zoned and permitted for ± 283 Unit Senior Housing Campus
• Maximum zoning density of 343 units allows for additional development 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.

Highlights
  • Zoned and permitted ± 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
  • additional development of 70+ units of IL or 55+
  • condominiums
  • • Unit sizes range from 250 SF and up with no maximum size
  • per unit
  • • Conceptual site 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
  • • Mixed Use- Residential, Multi-Family (6 units per acre), ACLF, Memory Care
Location
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