MULTI-FAMILY DEVELOPMENT LAND RM-6 - 18.33 ac
9300 Us Highway 1
Sebastian, FL 32958
FOR SALE
Property Type:
Multifamily LandAmount:
$2,200,000
Last Verified:
Dec 20, 2024Daily Email Blast
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Highlights
- Total Potential Maximum density for 18.33-acre RM-6 is 109 units
- Properties can be developed as PD (plan development) retaining the ability to develop the commercial frontage and also transfer the commercial density to the remaining residential parcel.
- Divosta, luxury division of Pulte Home has commenced construction of 270 units on 100+ acres located on the South side of the CR 510 Causeway.
- Publix has announced they plan to build a 34,000+ sf store on CR510 Wabasso Causeway commercial frontage
Description
Fantastic opportunity to combine multi-family and commercial retail/office with US Highway 1 frontage. High daily traffic counts (25,000 AADT) and curb cut on US Highway 1 island allowing direct access for both North and Southbound traffic. Land is currently zoned RM-6. The adjacent 3.56 acre CG property is also available for sale.
Ideally located with 423 feet of direct North US Highway 1 frontage. Situated on the east side of US Highway 1, 0.7 miles south of the Publix Super Market at Barber Street.
Year Built: 2014
Lot Size: 18.33 acres