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Multifamily – 15 units per acre on Malabar Rd.

Malabar Road, Palm Bay, Melbourne, Grant, Micco, Sebastian, FL 32907

$1,400,000.00

Property Type: Land | Total Lot Size: 9.20 Acres

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  • UNDER CONTRACT

Property Description

Property zoned for multi family housing. Currently approved for 15 units per acre. Beautifully lined with cabbage palm trees and 100% uplands. Bounded to the north by Malabar Rd., a main thoroughfare which connects to the new expressway and I-95. Bounded and intersected on the East Side by Daffodil Dr. that runs south to Malabar Cove Apartments. A signaled intersection is planned at the corner of Malabar Rd. and Daffodil Dr.

  • 100% Uplands
  • Traffic Count - 25,000 cars per day
  • Currently Zoned Multi-family - 15 units per acre
  • Signalized Intersection Planned for NE Corner
  • Easy Access via all four compass points in East Central Florida

Property Details

  • Price: $1,400,000.00
  • Total Lot Size: 9.20 Acres
  • Year Built: N/A
  • Status: Under Contract
  • Type: Land
  • Zoning: Multifamily - 15 units per acre

Location Map

Property Documents




Carol K. Platt, RCE, CRB, e-Pro, AHWD

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