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    2100 Us-1 Malabar, FL 32950

    For Sale
    $4,000,000

    19-Acre, 283-Unit Entitled Site, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 19.09-acre site in Malabar, Florida, presents a prime opportunity for senior housing development. Fully entitled for a 283-unit senior campus, the property boasts a high-density residential zoning designation allowing for up to 343 units, providing significant expansion potential. The approved plan includes a mix of independent living, assisted living, and memory care units, ranging from 250 square feet and larger. Amenities such as retail spaces, a clubhouse, and a pool are also part of the approved design. The site offers approximately 1,023 feet of frontage along Highway 1 and includes about 1.14 acres of deep-water access frontage (1,000' x 50'). Conveniently located just south of Malabar Road, providing easy access to Interstate 95 (5 miles west), shopping (5 minutes north), and major airports (Valkaria Airport 5 miles south, Melbourne/Orlando International Airport 15 minutes north, and Orlando International Airport within an hour via I-95). The property's Parcel ID is 29-38-05-00-502, and its 2017 tax assessment was approximately $10,110. The asking price for this remarkable development opportunity is $4,000,000. This is a rare chance to acquire a fully entitled, high-density residential site with significant expansion potential in a desirable Florida location.

    Property Features for 2100 Us-1

    General Information

    Property type
    Land
    Lot Size
    831,560 SF

    HighLights

    • Fully entitled 283‑unit senior housing campus on 19.09 acres in Malabar, FL.
    • High‑density zoning allows for up to 343 units.
    • Includes independent living, assisted living, and memory care units.
    • Amenities include retail space, clubhouse, and pool.
    • 1,023 feet of Highway 1 frontage and 1.14 acres of deep‑water access.
    • Convenient access to I‑95, shopping, and multiple airports.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Malabar
    County
    Brevard
    State
    Florida
    Longitude
    -80.5575735
    Latitude
    27.9893743

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    FAQs

    What type of property is this?
    Land - 19-Acre, 283-Unit Entitled Site, FL
    Where is this land located?
    The property is located at 2100 Us-1 Malabar, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: Fully entitled 283-unit senior housing campus on 19.09 acres in Malabar, FL.; High-density zoning allows for up to 343 units.; Includes independent living, assisted living, and memory care units.
    Request Owner's contact information
    2100 Us-1 Malabar, FL 32950
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    2100 Us-1
    Malabar, FL 32950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2100 Us-1 Malabar, FL 32950
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