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US Highway 1
4.72 - 5.67 Acre Residential Land Lots Offered at $2,250,000 Per Lot in Micco, FL 32976
Investment Highlights
- 1,000+/- Ft. of Frontage Directly on US Highway 1 and the waterfront
- Billboard Income
- High Traffic Four Lane Highway
- Incredible Indian River Lagoon Views
- Directly in Front of Barefoot Bay Community with over 5,000 Homes
Executive Summary
Pricing: $5,999,999
Lot Size: ±15.85 Acres
Parcel 500: 5.46± Acres - $2,250,000
Parcel 502: 4.72± Acres - $2,250,000
Parcel 504: 5.67± Acres - $2,250,000
Uses: Potential for +/-475 Multi-Family units under SB102 Live Local Act
Opportunity: Billboard Income
This highly visible property boasts incredible Indian River Lagoon views with 1,000± feet of frontage located directly on U.S. Hwy 1, just North of the Sebastian Inlet.
Strategically located on US 1 in the rapidly growing area of Brevard County Fl.
This property would be ideal for a large multi-family or commercial development.
Largest remaining waterfront tract in the region!
Property Facts
| Price | $2,250,000 - $6,750,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 3 | Total Lot Size | 15.85 AC |
| Price | $2,250,000 - $6,750,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 15.85 AC |
3 Lots Available
Lot 500
| Price | $2,250,000 | Lot Size | 5.46 AC |
| Price Per AC | $412,088 |
| Price | $2,250,000 |
| Price Per AC | $412,088 |
| Lot Size | 5.46 AC |
Parcel 500: 5.46+/- acres with 4.99+/- acres west of US Highway 1. Zoned: IN Institutional. PID# 30-38-11-00-500
Lot 502
| Price | $2,250,000 | Lot Size | 4.72 AC |
| Price Per AC | $476,695 |
| Price | $2,250,000 |
| Price Per AC | $476,695 |
| Lot Size | 4.72 AC |
Parcel 502: 4.72+/- acres with 4.37+/- acres west of US Highway 1. Zoned: BU General Retail Commercial. PID# 30-38-11-00-502
Lot 504
| Price | $2,250,000 | Lot Size | 5.67 AC |
| Price Per AC | $396,825 |
| Price | $2,250,000 |
| Price Per AC | $396,825 |
| Lot Size | 5.67 AC |
Parcel 504: 5.67+/- acres with 5.21+/- acres west of US Highway 1. Zoned: BU General Retail Commercial. PID# 30-38-11-00-504
Description
This highly visible property boast incredible Indian River Lagoon views with 1,000± feet of frontage located directly on U.S. Hwy 1, just North of the Sebastian Inlet. Strategically located directly in front of Barefoot Bay Community with over 5,000± homes, and along the high traffic four lane highway make this property an desirable development or investment target. Largest remaining waterfront tract in the region!
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $421,600 | Total Assessment | $421,600 |
PROPERTY TAXES
zoning
| Zoning Code | C (Commercial) |
| C (Commercial) |
Presented by
US Highway 1
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