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10750 CR 512 Rd, Sebastian, FL 32958 - The Preserve at Fellsmere

4.18 - 47.1 Acre Commercial Land Lots in Sebastian, FL 32958

Executive Summary

The Preserve at Fellsmere is a prime ±388.18-acre Mixed-Use Planned Unit Development (PUD) strategically located at the northeast corner of I-95 and County Road 512 in Fellsmere, FL. This listing includes a valuable parcel within an approved Preliminary Development Plan (PDD) in a desirable REAC-zoned area. The seller's conceptual plan envisions:
a) 156 Apartments: Three-story buildings designed for both appeal and functionality, located on Lot 9 (9.08 acres) fronting I-95.
b) Two Hotels: Each with 120 rooms and four stories, situated on Lot 8 (4.18 acres) fronting I-95.
This site presents a unique opportunity to develop a thriving community and hotel accommodations within a well-planned PUD, offering substantial value in a rapidly growing region. Don’t miss this rare chance to acquire a prime section of The Preserve at Fellsmere.

Property Facts

Sale Type Investment or Owner User
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Auto Dealership
  • Distribution
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Industrial Park
  • Manufactured Homes or Mobile Home Park
  • Master Planned Community
  • Outlet Center
  • Planned Unit Development
  • Public Swimming Pool
  • Self Storage
  • Single Family Development
  • Specialty, Festival or Entertainment
  • Supermarket
  • Trailer or Camper Park
  • Amusement Park
Total Lot Size 60.36 AC

3 Lots Available

Lot 9

Lot Size 9.08 AC

This listing includes a parcel 9.08 acre within an approved PDD in a desirable REAC-zoned area. The seller's conceptual plan envisions 204 apartments in three-story buildings, located on Lot 9 fronting I-95. Also ideally suited for a surf park.

Lot 8

Lot Size 4.18 AC

This listing includes a 4.18 acre parcel within an approved PDD in a desirable REAC-zoned area. The seller's conceptual plan envisions two hotels, each with 120 rooms and four stories, situated on Lot 6 fronting I-95.

Lot 10

Lot Size 47.10 AC

[UNDER CONTRACT] This listing includes a 47.10 acre parcel within an approved PDD in a desirable LDMXN-zoned area. The seller's conceptual plan envisions 120 Single Family lots and 120 Townhome lots, situated on Lot 10.

Description

The Preserve at Fellsmere is a prime ±388.18-acre Mixed-Use Planned Unit Development (PUD) strategically located at the northeast corner of I-95 and County Road 512 in Fellsmere, FL. This for sale site offers a unique opportunity to develop a thriving community in a well-planned PUD, poised to deliver substantial value in a fast-growing region. Seize this rare chance to acquire a prime section of The Preserve at Fellsmere.

zoning

Zoning Code REAC ((REAC) District is designed to accommodate planned commercial and light industrial developments, including business parks.)
REAC ((REAC) District is designed to accommodate planned commercial and light industrial developments, including business parks.)
  • Listing ID: 33780916

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 10750 CR 512 Rd, Sebastian, FL 32958, Sebastian, FL 32958

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