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Waterfront Development Parcel with Dock
For Sale
$2,200,000

4234 S Us Highway 1, Grant Valkaria, FL 32935

Three parcels with direct Indian River and dock frontage along US-1, featuring leased retail and mini-storage improvements.

Lot Size3.00 Acres
Days on Market202

Property Features for 4234 S Us Highway 1

General Information

Standard status Active
Lot size 3.00 Acres
Zoning Retail
Occupancy 100%
Listing Agency: Brown Harris Stevens of PB
Listed By: Carrie Hutchinson · License #3249014
Source: Exprealty
Added: Jan 9 Changed: Jul 10 Last Checked: Jul 29 at 1:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brown Harris Stevens of PB

Investment Insights

Based on property information with market context.

This offering includes three parcels totaling nearly three acres of waterfront commercial land, with direct Indian River frontage and approximately 310 feet of dock frontage. The site also includes existing masonry concrete/stucco buildings, consisting of a fully leased 2,240 SF freestanding retail building and 8,280 SF of mini-storage with 27 units. The property is presented for land and building value, with business operations not included.

The location provides direct access and visibility from US-1, described as a high-traffic corridor, with expansive water views from the site. The package is positioned as developer-ready, supported by retail zoning and completed conceptual phased development plans. Buyer is responsible for verifying zoning, density, approvals, and permitted uses.

For developers and investors considering expansion or redevelopment, the current mix of leased retail and mini-storage can provide interim income while plans are evaluated. Because the sale is explicitly land and building value, prospective buyers should review the existing improvements and confirm the scope of future development that may be supported under the applicable approvals and permitted uses.

Key Highlights

  • Nearly 3‑acre site with direct Indian River frontage and expansive water views
  • About 310 feet of dock frontage for waterfront access
  • US‑1 frontage in a high‑traffic corridor for visibility and convenient access

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby

Demographics for 32935, FL

41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Three parcels with direct Indian River and dock frontage along US-1, featuring leased retail and mini-storage improvements.
Where is this waterfront land located?
The property is located at 4234 S Us Highway 1 Grant Valkaria, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Nearly 3‑acre site with direct Indian River frontage and expansive water views; About 310 feet of dock frontage for waterfront access; US‑1 frontage in a high‑traffic corridor for visibility and convenient access
More about this property
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