Current Use by Public Records
- Land
Property Details for 8560 Us-1
- Lot size
- 5.33 lot acres
- Property type
- Land
Description
This exceptional 5.33-acre property in Micco, Florida, presents a remarkable development opportunity. Located on US Highway 1, it boasts 200 feet of direct highway frontage, ensuring high visibility and accessibility. The land is designated as an Opportunity Zone, offering potential tax advantages for investors. Its unique topography gradually rises from east to west, providing stunning views across the property. A significant advantage is the existing riverfront area, perfect for incorporating amenities such as a small clubhouse, two piers, or a dock. Currently zoned for single-family residential use, this versatile parcel is easily rezoned for commercial or multi-family residential development. The property's high and dry location, well above sea level, eliminates flood concerns. Infrastructure is already in place, with manhole covers installed and sewer connection anticipated soon. Both front and rear access points provide convenient entry and exit. This prime location, combined with its versatile zoning and attractive features, makes this an exceptional investment for developers seeking to create a unique and desirable residential or commercial project. The property's riverfront location and highway frontage offer unparalleled potential for a high-return investment.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Micco
- County
- Brevard
- State
- Florida
- Longitude
- -80.497
- Latitude
- 27.8718
