Malabar, FL 32950
Fantastic Redevelopment Opportunity, Directly on US1, with River Views! Currently being used as a mobile home park, value is in the land! Easy access to the Beaches & Downtown Melbourne. FLU is High Density Residential. Highest & best use would be to apply for rezoning and land use change to R-M6 Multiple Family HDR which allows for 6 units per acre, 3 stories and 35' tall. Contains small riparian area along HWY US-1 with fishing pier. The riparian area is considered coastal preserves and only permits residential use.
Listing Office: Waterman Real Estate Inc.
Last Updated: May - 05 - 2022
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Brevard County, Florida. Real estate listings held by brokerage firms other than the website owner are marked with detailed information about them including the name of the listing broker. Copyright 2020 Space Coast Association of REALTORS, Inc. All rights reserved.