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Space Coast Town Center Development
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US-192 & St Johns Heritage Pkwy, West Melbourne, FL 32904

Mixed-use development opportunity in growing Space Coast region.

Property Size350,000 SF
Days on Market258

Property Features for US-192 & St Johns Heritage Pkwy

General Information

Standard status Active
Size 350,000 SF
Property subtype Retail
Listing Agency:
Listed By: Rod Castan
Source: Metrocommercial
Added: Nov 21, 2025 Changed: Jul 10 Last Checked: Aug 6 at 4:21AM

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 Rod Castan

Investment Insights

Based on property information with market context.

Space Coast Town Center is a mixed-use development designed to integrate residential, commercial, and recreational spaces. The center aims to serve the growing Florida Space Coast region, targeting local employees drawn to the area's high-tech and STEM job opportunities. The development will feature up to 2,184 multi-family units, over 500,000 square feet of office space, and up to 300 hotel rooms. The retail component encompasses 350,000 square feet. Visible from the Interstate, Space Coast Town Center is positioned to serve the daily workforce, nearby residents, and the broader Space Coast market.

Key Highlights

  • High‑demand location in the growing Florida Space Coast region.
  • Combines multi‑family, office, and retail spaces.
  • Targets local employees in high‑tech and STEM industries.

Property Analytics

Current Use

Retail properties & Spaces

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby

Demographics for 32904, FL

35,399
Population
15,117
Households
2.3
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
217.1 sq mi
ZIP Area
163
Density / Sq Mi
$86,943
Median Household Income
$42,451
Median Earnings
$1,763
Median Rent
$334,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail property - Mixed-use development opportunity in growing Space Coast region.
Where is this retail property located?
The property is located at US-192 & St Johns Heritage Pkwy West Melbourne, FL.
What are key features of this property?
This property features: High‑demand location in the growing Florida Space Coast region.; Combines multi‑family, office, and retail spaces.; Targets local employees in high‑tech and STEM industries.
More about this property
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