Multifamily – 15 units per acre on Malabar Rd.
Malabar Road, Palm Bay, Melbourne, Grant, Micco, Sebastian, FL 32907
Property Type: Land | Total Lot Size: 9.20 Acres
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
- Price: $1,400,000
- Total Lot Size: 9.20 Acres
- Lot Size Range: 9.20 Acres
- Status: On Market
- Price Per Acre: $152,174
- Type: Land
- Zoning: Multifamily - 15 units per acre