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$1,550,000
7 Baths ⋅ 1033567 MLS
Meticulously maintained mixed-use building featuring FIVE apartments and TWO retail spaces. With annual income of gross income of $122,552, blending both residential and commercial income, gross and NNN, this property offers a diverse and stable revenue stream. The building has undergone extensive recent renovations, including a roof replacement, fresh paint, new impact-rated windows, a new front patio, landscaping improvements, parking lot replacement, and new air conditioning units. These comprehensive upgrades position the property for long-term, profitable holding with minimal near-term capital expenditures.

620 E New Haven Avenue, Melbourne
$1,549,000
4 Beds ⋅ 3 Baths ⋅ 1071338 MLS
This stunning smart home sits on 1-acre offering the perfect multi-generational living experience with 4 spacious bedrooms and three baths. Enjoy luxurious amenities, including a modern kitchen with quartz countertops, a built-in icemaker, custom cabinets, a hidden coffee bar, and a large walk-in pantry. The main living area features soaring 12-foot ceilings, while the in-laws' side has cozy 9.4-foot ceilings. Entertain outdoors with a summer kitchen, sparkling heated pool, and hot tub. Safety is enhanced with IMPACT windows. The home boasts a total of four garages: three on the main side and one for the in-laws' suite. A durable metal roof, double-paned insulated wall and door in the primary bedroom, and tile flooring throughout ensuring comfort and efficiency. The spacious kitchen and living area are perfect for gatherings, while a mini putting green adds recreational fun. This home embodies luxury and family togetherness!

6200 Brabrook Avenue, Grant-Valkaria
$1,545,000
4 Beds ⋅ 4 Baths ⋅ 1078152 MLS
TO BE BUILT......Custom Home to be built on .34 acre lot backing up to beautiful conservation for complete privacy! This home features an open floorplan with a large impressive rear covered porch. Plenty of room with 4 bedrooms + office + 3.5 bathrooms and oversized 3 car garage. Tile roof, hurricane impact windows and sliders (except butt nook glass), 12' tall ceilings, 10' high sliding glass doors. Still time to make color selections or customize. There is room to add a pool! Located in one of Viera's most sought out gated communities. This community is inspired by nature with lots of mature trees and walking paths. Close to A-rated schools, less than a mile from Viera Hospital, tons of shopping, new Costco & less than 20 minutes from beach. Front exterior picture of home is artist rendering only and interior photos are of current model home that are similar to this plans interior design.

1732 Lavender Drive, Melbourne
$1,520,000
4 Beds ⋅ 2 Baths ⋅ 1084391 MLS
Wide-water canal frontage. One block to the beach. This 4 bed/2 bath home has been masterfully remodeled from top to bottom. Perfectly positioned in the heart of Cocoa Beach, the exceptional waterfront residence blends the sophistication and craftsmanship of a custom luxury renovation with the relaxed coastal lifestyle that makes this community so desirable. The home was extensively renovated in 2025 including new roof, HVAC w/ductwork & custom kitchen and baths with quartz and marble tops and LVP flooring. Outside, enjoy a new heated and chilled saltwater pool, 8-person spa, outdoor shower, new seawall, and a new composite dock that's boat-lift ready on one of Cocoa Beach's most desirable canals. The air-conditioned flex space with epoxy-coated floor, EV charging, and new hurricane-rated garage door is ideal for a home office or gym. Just steps from the wide sandy shores and legendary surf culture that make Cocoa Beach so desirable. Complete list of renovations available upon request.

116 Jamaica Drive, Cocoa Beach
$1,500,000
6 Beds ⋅ 4 Baths ⋅ 1085537 MLS
A rare find indeed! A 1.56 acre estate in sought after Oak Park at Suntree. Resort living at its best. A raised covered entry welcomes you to the 8FT solid oak entry door flanked by sidelites. Enter to a defined foyer w/hardwood flooring. Ahead, pocket French doors open to a formal living rm/den w/illuminated tray ceiling. French doors w/sidelites all look out to the pch/pool. Large open kitchen boast 34 white raised panel cabinets (4 w/glass inserts) two dishwashers, ceran top range w/dbl oven & fridge w/ice & H2O in the door. Kit is open to the expansive family room also w/hardwood floors, romantic fireplace flanked by windows and built-ins. The primary suite offers a large bedroom w/tray ceiling and a bay windowed wall looking out to the pch/pool area. Primary bath w/his and hers vanities, large whirlpool tub and separate glass enclosed shower. Two walk-in closets w/custom wood shelving. Located on the same wing as the primary suite you'll find a guest bdrm and bath. Just off the foyer is another bedroom; this would make a great office if you don't need the 6th bedroom. Just past the family rm there is a small study w/built-in bookcases; perfect for kids homework or a small office. Three more bedrooms in the guest wing share 2 additional baths. All of these are very large rooms 2 that offer walk-in closets. One offer a large bay window w/window seat and storage. 20x38 Pool w/heated spa is just stunning. Paver pool deck and large screen porch easily accommodates multiple sitting areas, ping pong table etc. The view out back is of the large yard w/fire pit. Very private as the property backs to a preserve. Tennis anyone?! Private illuminated tennis courts recently resurfaced and lined for both tennis and pickle ball! Basketball too! Such an estate with these amenities located in the heart of Suntree, close to shopping and 10 minutes to the beach is a very rare find indeed.

578 Wethersfield Place, Melbourne
$1,500,000
1082501 MLS
Extraordinary opportunity to build your dream home directly on the Indian River in South Merritt Island. This 1.6 acre, partially cleared lot with current survey, sits just off historic South Tropical Trail, on a private road. Offering over 160 feet of Indian River frontage, privacy and a boat ramp, the opportunities are endless. Positioned between 520 and the Pineda Causeway, this lot provides easy access heading north or south, the beaches, Port Canaveral, NASA and I-95. This property is truly the epitome of what South Merritt Island is known for - a taste of Old Florida. Stocked with endless palms, oak trees and towering bamboo, and complete with nightly, lavish sunsets, this is truly Intracoastal paradise. Do not miss the chance to call this riverfront hideaway, your home!

5405 Freedom Lane, Merritt Island
$1,500,000
4 Beds ⋅ 4 Baths ⋅ 1080363 MLS
WELCOME to the pinnacle of LUXURY WATERFRONT living in the heart of HISTORIC COCOA VILLAGE. Perched atop an exclusive boutique building, this extraordinary 4,454 SqFt PENTHOUSE is accessed by a privately controlled-access elevator and showcases breathtaking panoramic views of the Intracoastal through dramatic floor-to-ceiling windows. Designed for those who appreciate exceptional craftsmanship and effortless entertaining, the residence features rich cappuccino marble floors, Swarovski Chandeliers, a striking double-sided gas fireplace and a Chef's Kitchen with a custom wet bar. The luxurious owner's retreat offers a spa-inspired bath, private sauna and an expansive boutique-style wardrobe room. Step outside to an incredible 1,678 SqFt wraparound terrace, plus 2 additional private balconies, where you'll enjoy unforgettable sunsets, rocket launches, July 4th Fireworks and the annual Holiday Boat Parade from the comfort of home. Just a short stroll to Historic Cocoa Village's restaurants, boutique shopping, art galleries, theaters and waterfront parks, this rare property also offers 3 Garage Spaces and is one of only 11 exclusive homes in the building. Combining privacy, elegance, walkability and an unmatched waterfront lifestyle, this is one of the Space Coast's most prestigious and rarely available luxury residences!

19 N Indian River Drive, Cocoa
$1,500,000
4 Beds ⋅ 2 Baths ⋅ 1080299 MLS
Dream Home & guest cottage-OR-Build NEW-Both are perfect options on this .6 acre, 366 feet of Riverfront. Lifetime of Majestic views. Indian River & protected nature preserve views, delivering an unmatched blend of privacy, beauty, & lifestyle. Bring your own builder or allow us to introduce you to the area's premier custom home builders to design & construct the ultimate riverfront retreat. Enjoy water access W/your existing dock & seawall, minutes from the Sebastian Inlet & Atlantic Ocean, World-Class inshore & Offshore fishing. Close to beaches/dining/shopping. Sizes appx/subj to err.

5190 95th Street, Sebastian
$1,500,000
1079531 MLS
Unique, waterfront opportunity to develop 7 single family homes along this quiet stretch of the Indian River, or create one heck of an estate property, with over 800' of waterfront and nearly 7 acres! The 7 home site plan has been approved by the City of Cocoa and full plans are available to go right to construction. 2nd parcel behind the 1st insures a beautiful, nature rich feeling to the entire setting. Community boat dock could be added. Just a short ride away from quaint Cocoa Village, beautiful beaches, all of the Space and tech industry employers and a direct shot to everything Orlando. Call today for more information on this rare and special waterfront property !

620 Dixon Boulevard, Cocoa
$1,500,000
3 Beds ⋅ 2 Baths ⋅ 1077907 MLS
Close to Downtown Melbourne! Wake up to panoramic river views, dolphins, & spectacular sunrises from this fully renovated direct riverfront home with 67' of waterfront, + 99' dock. Open, light, and bright, large sliders and windows frame wide water views! This turnkey home features one-story living with 3 bedrooms, 2 baths, office, kitchen, living and dining room, and laundry all on the main level. Designed for entertaining, the kitchen features a stunning 12-foot quartz island, soft-close cabinetry and drawers, abundant counter space, and open flow overlooking the river. Enjoy Al Fresco dining from the wrap-around deck while watching dolphins, birds, boats, and rocket launches. Additional 900 SF finished bonus space downstairs plus a 900 SF workshop and watercraft garage with roll-up door. New roof, HVAC, and 2 new water heaters. NO HOA Fish from your dock and enjoy a rare combination of privacy, updates, and dockage! Shows like NEW! Must See this Beauty! Updated landscaping and on city water and sewer. Enjoy fishing from your dock, watching dolphins and birdlife, and taking in spectacular sunrise views and nighttime rocket launches from your backyard. The 99' dock offers ample space at the end to design the boat lift and boat house to accommodate your boat's needs. Located on a quiet stretch of riverfront, this property offers the space, views, and waterfront lifestyle buyers are searching for while still being convenient to shopping, dining, beaches, and major roadways. See the feature sheet in Documents for the full list of upgrades.

5075 Dixie Highway NE, Palm Bay
$1,500,000
1 Baths ⋅ 1071229 MLS
This high visibility commercial / residential in the heart of Downtown Cocoa Beach is a fabulous investment opportunity. Offering exceptional exposure in one of the Spacecoast's most sought after tourist and local foot traffic corridors. Directly positioned across the street from the new Cocoa Beach City Hall and steps from fine dining, entertainment, art Galleries, high end boutique shopping and the world famous Cocoa Beach!

225 Minutemen Causeway, Cocoa Beach
$1,500,000
1070416 MLS
An extraordinary chance to secure one of the last large-scale estate sites along the South Melbourne Beach coastline. This exceptional 1.35-acre homesite (approx. 196' frontage x 321' depth) offers an expansive building envelope rarely available along the barrier island -- a genuine canvas for a grand residence, guest quarters, resort-style outdoor living, and luxury amenities. Positioned directly across from the Atlantic Ocean, the property captures the essence of private coastal living while maintaining immediate beach access. The seller is prepared to deliver all surveys, environmental reports, and architectural plans, making this a fully shovel-ready offering with the heavy lifting already complete. Fully cleared with an impressive perimeter and defined buildable area, this parcel removes uncertainty and accelerates the path from vision to construction -- an increasingly scarce advantage in today's coastal market. Just minutes to Melbourne Beach and a short drive to 5th Avenue in Indialantic, yet worlds away in privacy -- one of the last opportunities to design and build a legacy estate at scale along South Melbourne Beach.

5660 S Highway A1a, Melbourne Beach
$1,500,000
1068066 MLS
Position your business where visibility meets versatility. This 6,000 sq ft vanilla shell commercial building sits in a prime corridor between the charm of Cocoa Village and the energy of Viera - an unbeatable stretch known for constant traffic and high exposure. Designed for flexibility, the space can be divided into up to five individual units or configured larger to suit your ideal tenant mix. With a median rent of approximately $2,600 per unit, the income potential is as attractive as the location itself. Whether you're an investor seeking strong returns or an owner-user ready to make a statement, this is a blank canvas in one of the Space Coast's most traveled commercial zones. High traffic. High visibility. High upside. Opportunities like this don't stick around - make your move!

2070 U.S. 1, Rockledge
$1,500,000
1062988 MLS
Great location for your business in a fast growing area! The current zoning is no longer an option for this property, the county has the future use is BU-1-A, residential or mixed use. There are an additional 52.39 acres just west of this property available(please see mls #1062923) making the possibilities endless! This is a great opportunity for a developer/builder with direct US 1 access!

00 Us Hwy 1, Mims
$1,500,000
1 Baths ⋅ 1061452 MLS
Prime commercial space for SALE! 1035 W King St offers excellent visibility on busy SR 520 with direct access to Fiske Blvd. Across the street from Wawa. This versatile 1,680 sq ft building sits on a spacious 0.60-acre lot with ample parking making it ideal for retail, office, or service-based businesses. Surrounded by established local businesses and minutes from Historic Cocoa Village and I-95, this location provides unbeatable exposure and convenience for your next venture.

1035 W King Street, Cocoa
$1,500,000
1058527 MLS
151 Eyster Blvd is a permitted industrial development site in the Space Coast corridor. The 1.73-acre property has full entitlements for two flex buildings totaling 13,980 SF, with plans supporting 7 bays. All utilities are at the property line. Phase I environmental is clean. Zoning is IND, allowing a wide range of light industrial, trade, logistics, and flex uses. Located 0.8 miles from US-1 and 3.5 miles from I-95, the site offers strong access for tenant operations. The small bay market remains tight, with national vacancy at 3.4% and local rents in the $14-22/SF NNN range. Ideal for small bay developers, industrial condo builders, or owner-users seeking flexibility and long-term value.

151 Eyster Boulevard S, Rockledge
$1,500,000
3 Baths ⋅ 1058133 MLS
Fully renovated 4,357 SF mixed-use commercial property on 0.61 acres with exceptional Highway 1 frontage and strong income potential. Features 3 separate units with flexible layouts ideal for retail, office, medical, service, or restaurant use. High-end upgrades include LVP flooring, stainless appliances, updated systems, and a medical-ready suite with lead-lined X-ray room. Property includes 15 paved parking spaces plus a 3,000 SF gravel parking area and a 110' x 20' concrete slab ready for future expansion. Waterfront amenities include a new 450' dock and 16,000-lb covered boat lift. Major improvements include metal roof (2017), flat roof (2024), HVAC (2023), and updated plumbing. Seller financing available. Includes first right of refusal on adjacent 0.82-acre parcel. Prime high-traffic location near growing residential developments and the Indian River Lagoon.

1280 Highway 1, Malabar
$1,500,000
3 Baths ⋅ 1057983 MLS
Rare turnkey restaurant opportunity in the heart of Grant Valkaria! (Rib City remains OPEN throughout the sale process.) Located directly on US-1 across from the Indian River, THE Historic Grant Station combines more than 130 years of history with a fully equipped, operating restaurant. Formerly Jorgensen's General Store, the property is listed on the National Register of Historic Places. Sale includes the real estate, operating business, FF&E and on site inventory. Continue as Rib City, subject to franchise approval and transfer requirements, or bring your own concept. Features include multiple dining areas, outdoor spaces, patio, office, upstairs deck with river views and unmistakable Old Florida character. Excellent US-1 visibility, an established local following and a landmark location make this a rare opportunity for restaurateurs, entrepreneurs or investors. NOTE: Traffic light and crosswalk expected at US-1 and First St. Summer 2027!

5390 Highway 1, Grant-Valkaria
$1,500,000
1051402 MLS
Rare Beachside Development Lot - STR Zoning + Approved Permits Shovel-ready and short-term rental approved! This cleared 100' x 250' (.57-acre) lot is fully permitted for an 8-unit townhome project—two buildings with four units each. Each planned unit is over 2,250 sq ft, featuring 3 beds + loft, 2.5 baths, and a 2-car garage. Located just blocks from the beach in one of Indialantic's only STR-approved zones, this parcel is ideal for investors or builders looking for a turnkey development play. Plans, permits, and renderings included—build now or hold for future upside.

124 Coral Way Way E, Indialantic
$1,500,000
1051378 MLS
Rare Indialantic Investment Opportunity! Fully permitted and shovel-ready 8-unit townhome project on a cleared .57-acre beachside lot zoned for short-term rentals (Airbnb/VRBO)—a true rarity in Indialantic! Plans approved for two buildings with four 3BR+Loft, 2.5BA, 2-car garage units each, totaling 8 income-producing townhomes. Each unit is over 2,250 sq ft with modern, coastal-inspired design and 10' ceilings. Walk to the beach, shops, and restaurants. Use your own builder or ours and break ground immediately. Pro forma rental income and comps available. Whether you build-to-rent or build-to-sell, this is the cash-flowing beachside project your portfolio needs. Permits + plans included. Zoned STR. Ready to build.

124 Coral Way Way E, Indialantic
$1,500,000
1 Baths ⋅ 1046650 MLS
What an opportunity! Nice, mostly cleared, 1.11 acre property in a newer zone ''Highway Industrial Infill M-3''. (Details are attached). The property is well maintained and located with 253' direct road frontage on SR 405 (South Street). The annual average daily traffic (AADT) is 18,790 vehicles per day! Situated less than a mile from a major shopping hub right at the I95/SR50 interchange. The primary structure is 2660SF concrete block, Metal roof, Office, and open area with 4 overhead doors. Anchor retailers up the street: Home Depot, Lowes, Target, Many major hotels and restaurants.

4505 South Street, Titusville
$1,500,000
1026915 MLS
LAST of the Vacant Land directly on A1A! 2 lots side by side with direct Ocean View and Access to the Atlantic Ocean! Zoned for multiple uses currently Multi Family plans to build a 5 plex are done and in place. Best use could be 6 Townhomes for Sale or keep as rentals. Generating income as a storage lot which has been cleared additional lot has some small palms, plants and bushes. Located in A rated School District in desirable Beachside Indialantic close to Restaurants and Shops.

1760 N A1a Highway, Indialantic
$1,499,990
4 Beds ⋅ 3 Baths ⋅ 1083068 MLS
Experience the pinnacle of waterfront living in this exceptional canal-front estate, ideally situated on one of Cocoa Beach's most sought-after neighborhoods Snug Harbour. Nestled on an expansive .40-acre lot with approximately 77 feet of deep-water frontage, this meticulously maintained 4 bed 3 bath residence offers direct access to the Banana River and beyond, making it a true paradise for boating enthusiasts. Complete with a newer dock, electric boat lift, recently capped seawall, and a resort-style pool and spa, every day feels like a vacation. Inside, the thoughtfully designed split floor plan includes two private en-suite bedrooms and nearly 2,500 square feet. Filled with natural light showcasing the soaring vaulted ceilings accented with striking wood beams, creating an inviting coastal elegance. The spacious open-concept design seamlessly connects the living, dining, and kitchen areas, making the home ideal for entertaining while capturing beautiful waterfront views. At the heart of the home is a stunning chef's kitchen featuring custom cabinetry, granite countertops, an oversized center island, premium stainless steel appliances, a gas range, built-in coffee maker, and abundant storage--designed for both everyday living and effortless entertaining. Step outside to your private tropical oasis where you'll enjoy multiple outdoor entertaining areas, a sparkling pool and spa, lush landscaping, and expansive waterfront views. This home has been extensively upgraded for comfort and peace of mind, including a metal roof, impact-rated windows, doors, and garage door, newer HVAC systems, PEX plumbing, fresh exterior stucco, an 80-gallon water heater, underground utilities, natural gas availability, updated electrical service, plantation shutters, Ring security cameras, smart home features, and a generator hookup. The garage is offers a mini-split air conditioning system, spray foam insulated ceiling, built-in ice machine, additional refrigerator, and abundant storage, while the detached shed with electricity provides even more space for hobbies, tools, or recreational equipment. Offering luxury finishes, quality craftsmanship, extensive upgrades, and premier boating amenities, this one-of-a-kind waterfront retreat delivers the very best of the Cocoa Beach lifestyle. Just minutes from the beach, shopping, dining, and everything the Space Coast has to offer, this is a rare opportunity to own an extraordinary waterfront home.

3 W West Point Drive, Cocoa Beach
$1,499,982
4 Beds ⋅ 4 Baths ⋅ 1077538 MLS
Tucked away along the serene waterfront of Grant-Valkaria, this exceptional property offers 55 feet of direct frontage on the Indian River, creating a setting that feels both private and expansive. Situated on a generous lot, the outdoor living experience is nothing short of extraordinary--complete with a gas heated salt water pool, an oversized pergola with summer kitchen, and a private dock with boat lift for effortless days on the water. Adding to its rarity, the owner has thoughtfully created a true sandy beach along the shoreline, offering a unique feature seldom found on the river. From sunrise mornings with coffee on the dock to afternoons spent paddleboarding or boating to nearby waterfront dining, this property captures the essence of Florida coastal living. With quick access to the inlet, enjoy offshore fishing, sandbar weekends, and endless days on the water right from your backyard. Inside, the home has been beautifully updated with a clean, coastal-modern design. Natural light fills the open living spaces, while water views follow you from room to room. The flexible floor plan includes four bedrooms along with a spacious first-floor retreat featuring its own living area, dining space, and bedroom--ideal for guests, extended family, or multi-generational living. Whether you're searching for a full-time residence or a private waterfront escape, this home delivers a lifestyle that is both relaxed and refined in one of the Space Coast's most peaceful and sought-after settings. Adding to its rarity, this property features flexible mixed-use commercial/residential zoning, offering possibilities beyond traditional waterfront ownership. Whether you envision generating short-term vacation rental income, creating a live/work environment, establishing a business presence, or exploring future waterfront enhancements, this property presents exceptional lifestyle and investment potential. All uses, improvements, and development opportunities are subject to county, environmental, zoning, and permitting approvals.

5079 Highway 1, Grant-Valkaria
$1,499,900
3 Baths ⋅ 1082074 MLS
Ready to take your business to the next level or use for subleasing investment purpose?! This well designed Commercial building with endless opportunities has everything you need. WITH OVER 10,000 SQFT UNDER AIR-CONDITION this CBS/steel built property offers 10 office/flex spaces, conference room, kitchen/ break room, 3 restroom areas which includes remodeled full bathroom, shipping & receiving area, large distribution/manufacturing/storage areas. Property has accordion and electric shutters, wired for surveillance and security, electric bay garage, and commercial grade walk-in cooler. Property currently sits on 1.82 acres with plenty of parking spaces. City sewer water, located right in the heart of Melbourne minutes away from interstate I-95, close to Melbourne airport, Harris, Northrop- Grumman This isn't just a warehouse, whether your business is manufacturing, distribution, or something entirely different, this is an opportunity to support your company's next stage of growth!

3135 Skyway Circle, Melbourne
$1,499,500
946047 MLS
Zoned Commercial Vacant Land. This 7.7 Acres located in a highly desirable/promising intersection of DeGroodt Road, San Filippo Drive and St. Andre Blvd. The site is ideal for gas station, supermarket, retail strip center and more. The area is experiencing tremendous growth and the need for developed commercial property is in high demand.

0000 San Filippo & Degroodt, Palm Bay
$1,499,000
3 Beds ⋅ 3 Baths ⋅ 1080323 MLS
From the street, this waterfront residence presents as a modest riverside cottage. Step inside to discover an astonishing 3,312SF open-concept home, thoughtfully remodeled with exceptional craftsmanship and attention to detail throughout. At the heart of the home is a sprawling kitchen featuring custom cabinetry, rare black Marinace granite, designer Miele appliances, dual convection ovens, a steam oven, built-in coffee/espresso, and a plate warmer. Rich Brazilian cherry flooring and imported Vermont slate add warmth, character, and sophistication to the living spaces. Expansive Andersen windows and doors flood the home with natural light while framing breathtaking views of the Indian River and the park-like, wooded backyard. A detached screened saltwater pool retreat features gas heat, a spa, waterfall feature, and a spacious poolside gathering area. The home has beautiful shade trees, a meandering path leading to a sitting area at the water's edge. Dock & garage plans available.

1001 N Indian River Drive, Cocoa
$1,495,000
1081416 MLS
1853 Wabun St NE: 1.77 acres, direct Indian River Lagoon frontage, Palm Bay. Approved site plan in hand for 35 multifamily units -- 10 one-bed, 20 two-bed, 5 three-bed, averaging 1,149 SF, every unit facing water. Utilities are in. Entitlement risk is gone. A buyer breaks ground instead of fighting a two-year approval process. Plan includes 65 parking spaces, 4 EV chargers, a resort-style pool, mailroom/parcel lockers, and outdoor grilling areas. Palm Bay has land everywhere. It does not have entitled waterfront. Luxury rents run $1,500-$2,200. Waterfront units push $2,400-$3,000+. This site is the scarce side of that spread, already approved.

1853 Wabun Street NE, Palm Bay
$1,495,000
1070432 MLS
The subject property consists of a 1.31-acre parcel located in the City of Indian Harbour Beach and is currently zoned B-1 (General Commercial). Permitted uses under this zoning designation include retail, restaurant, professional office, religious facilities, and other commercial uses. In addition, the property has been granted a Conditional Land Use approval allowing for the development of an assisted living facility. The previous property owner planned a three-story, 96-bed assisted living facility on the site, but that design would require official city approval. The City has also indicated a willingness to rezone the property to R-2 (Residential), which would permit development at a density of seven (7) dwelling units per acre. At this density, the 1.31-acre site would support approximately nine (9) units, with the potential to accommodate up to ten (10) townhome lots, subject to final site design and municipal approvals, as illustrated in the attached conceptual site plan. Mediterranean Way is currently developed with townhomes as part of the Fortebello community, providing strong compatibility with a potential residential redevelopment and supporting the feasibility of the proposed rezoning.

201 Mediterranean Way, Indian Harbour Beach
$1,495,000
1070430 MLS
The subject property consists of a 1.31-acre parcel located in the City of Indian Harbour Beach and is currently zoned B-1 (General Commercial). Permitted uses under this zoning designation include retail, restaurant, professional office, religious facilities, and other commercial uses. In addition, the property has been granted a Conditional Land Use approval allowing for the development of an assisted living facility. The previous property owner planned a three-story, 96-bed assisted living facility on the site, but that design would require official city approval. The City has also indicated a willingness to rezone the property to R-2 (Residential), which would permit development at a density of seven (7) dwelling units per acre. At this density, the 1.31-acre site would support approximately nine (9) units, with the potential to accommodate up to ten (10) townhome lots, subject to final site design and municipal approvals, as illustrated in the attached conceptual site plan. Mediterranean Way is currently developed with townhomes as part of the Fortebello community, providing strong compatibility with a potential residential redevelopment and supporting the feasibility of the proposed rezoning.

201 Mediterranean Way, Indian Harbour Beach