0000 Us-1 & Rocky Pt Rd Malabar, FL 32950
- Land
- 60.00 lot acres
Current Use by Public Records
- Land
Property Details for 0000 Us-1 & Rocky Pt Rd
- Lot size
- 60.00 lot acres
- Property type
- Land
Description
This exceptional 60-acre property presents a significant value-add opportunity for developers seeking prime land in Brevard County, Florida. Strategically located on US Highway 1 and boasting approximately 2.75 acres of direct Indian River waterfront, this site offers unparalleled exposure and access. Recent comparable sales of Indian River frontage range from $450,000 to $1,000,000 per acre, highlighting the exceptional value of this offering. The property also benefits from extensive US-1 Highway frontage and Florida East Coast Rail frontage. The zoning is primarily residential, with portions exhibiting potential for commercial development, allowing for diverse development options. The property's location in the booming Space Coast region of south Brevard County ensures strong potential for future appreciation. Parcel numbers are 29380800751 and 293817001. Ownership is fee simple. Detailed information, including videos and documents, is available online. This is a rare opportunity to acquire a large, versatile parcel with significant waterfront acreage in a high-growth area. The property's unique combination of highway, waterfront, and rail access makes it ideal for a variety of development projects. Don't miss this chance to capitalize on the burgeoning real estate market in Brevard County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Malabar
- County
- Brevard
- State
- Florida
- Longitude
- -80.5544
- Latitude
- 27.9858
