N US Hwy 1, Sebastian, FL, 32958

Highlights

• Total Maximum density for 18.33-acre RM-6 is 109 units
• Total Maximum density for 3.56-acre CG is 28 units
• Total Maximum density for combined properti es is 138units
• Properti es can be developed as PD (plan development)retaining the ability to develop the commercial frontageand also transfer the 28-unit density to the remaining residential parcel.
• Divosta, luxury division of Pulte Home has announced that they have acquired 100+ acres on South side of 510Causeway and will commence construction of 270 units in2022
• Publix has announced they plan to build a 34,000+ sf store on CR510 commercial frontage

Description

Fantastic opportunity to combine multi-family and commercial retail/office with US Hwy 1 frontage. High daily traffic counts
and curb cut on US Highway 1 island allowing direct access from both North and Southbound traffic. Land is currently
zoned CG and RM-6. Please see bullet points for options on zoning.

Ideally located with direct N US Highway 1 frontage. Situated just south of the Publix Super Market at Indian River on the
east side of US Highway 1.

Documents