Land - W Hibiscus, Melbourne, Florida

1735 w Hisbicus Blvd Melbourne , FL FL

1735 w Hisbicus Blvd, Melbourne , FL, FL
1735 w Hisbicus Blvd, Melbourne , FL, FL 1735 w Hisbicus Blvd, Melbourne , FL, FL 1735 w Hisbicus Blvd, Melbourne , FL, FL 1735 w Hisbicus Blvd, Melbourne , FL, FL 1735 w Hisbicus Blvd, Melbourne , FL, FL 1735 w Hisbicus Blvd, Melbourne , FL, FL 1735 w Hisbicus Blvd, Melbourne , FL, FL 1735 w Hisbicus Blvd, Melbourne , FL, FL
FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Oct 04, 2024

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Highlights

  • * Price Reduced: Now only $975,000
  • * Prime Location: 1.5 acres on W Hibiscus Blvd
  • * Excellent Connectivity: 2 miles from Orlando Melbourne International Airport
  • * Opportunity Zone: Significant tax benefits and incentives
  • * Zoning: C-C2/General Commercial
  • * High Visibility: 142 ft frontage on Hibiscus Blvd, 445 ft depth
  • * Proximity to Major Employers: 5 minutes to Rockwell Collins, Thales Avionics, Harris Corporation, Northrup Grumman, Embraer, and Extant Aerospace
  • * Diverse Permitted Uses: Ideal for assisted living, brewpubs, child care, clubs, dormitories, hospitals, hotels, laboratories, offices, retail, schools, and more
  • * Investment Potential: Perfect for commercial, healthcare, educational, or recreational developments

Description

Prime Investment Opportunity: Commercial Land on W Hibiscus Blvd

We are excited to present an outstanding investment opportunity for discerning buyers and developers: a strategically located 1.5-acre vacant land parcel on W Hibiscus Blvd, now available at a newly reduced price of $975,000.

Location Highlights:

Proximity to Orlando Melbourne International Airport: Situated just 2 miles from the airport, this property offers unparalleled international connectivity, making it ideal for businesses and services catering to both local and global clientele.

Economic Incentives: Located in an Opportunity Zone, this parcel offers significant tax benefits and incentives for investors.

Prime Accessibility: With a frontage of 142 feet on Hibiscus Blvd. and a depth of 445 feet, the property enjoys excellent visibility and accessibility.

Zoning and Permitted Uses:

Zoned General Commercial, this versatile property accommodates a wide array of business ventures, including but not limited to:

Assisted Living Facilities
Child Care Facilities
Clubs and Lodges
Community Center Buildings
Dormitories
Domestic Violence Shelters
Electronic Assembly
Group Home Facilities (Conditional Use)
Hotels
Houses of Worship
Laboratories (Research, Medical & Dental) and Clinics
Office/Financial Institutions
Indoor Recreation
Restaurants
Retail Stores
Schools
Business Services
Vehicle Sales and Rental with Accessory Services
Veterinary Facilities

Strategic Advantages:

Proximity to Major Employers: Just 5 minutes from leading aerospace and defense companies such as Rockwell Collins, Thales Avionics, Harris Corporation, Northrup Grumman, Embraer, and Extant Aerospace, this location is poised to benefit from the economic activities and workforce of these industry giants. Less than 5 miles to Historic Downtown Melbourne, a hub of 300 businesses.

Thriving Local Commerce: Positioned in a dynamic commercial corridor, the property symbolizes thriving local commerce and is surrounded by a robust mix of businesses, retail, and service providers.

For more information or to schedule a viewing, please contact us today.

Location Description: Melbourne, Florida

Melbourne, located in southern Brevard County, is a vibrant city on Florida's east coast, southeast of Orlando. Known as "The Harbor City," Melbourne offers a unique blend of natural beauty, rich history, and modern amenities. The city is situated along the Indian River Lagoon, with parts extending onto a barrier island, providing picturesque waterfront views and easy access to beaches.

Economic and Cultural Hub:
Melbourne serves as the economic engine of Brevard County, thriving on high-tech industries, particularly aerospace, due to its proximity to the Kennedy Space Center and Cape Canaveral. The city is home to several major aerospace companies, including Rockwell Collins, Thales Avionics, and Harris Corporation, fostering a robust job market and innovative environment. Additionally, Melbourne's historic downtown areas feature a variety of entertainment options, unique retail shops, and dining experiences, enhancing the city's appeal to both residents and visitors.

Educational and Research Institutions:
The city benefits from established relationships with educational and research leaders, including the Florida Institute of Technology. This connection supports a well-educated workforce and contributes to the region's high-tech industry growth.

Lot Size: 1.5 acres


Documents

Hibiscus Land

Map of 1735 w Hisbicus Blvd, Melbourne , FL, FL

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.