2100 Us-1 Malabar, FL 32950
- Land
- 19.09 lot acres
Current Use by Public Records
- Land
Property Details for 2100 Us-1
- Lot size
- 19.09 lot acres
- Property type
- Land
Description
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.
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
- -80.5576
- Latitude
- 27.9894
