4400 Dixie Hwy Palm Bay, FL 32905

This exceptional 6.36-acre waterfront property in Palm Bay, Florida, presents a unique investment opportunity. The campus features two buildings totaling 39,234 square feet, constructed in 1986 and situated on a substantial 301,435.2 square foot lot. Boasting over 850 feet of waterfront access (505 feet deeded) along the west and north sides, and 530 feet of frontage on US Highway 1 (Dixie Highway), this property offers unparalleled visibility and accessibility. The site benefits from two separate entrances and parking lots, ensuring convenient access for both employees and customers. Zoned Bayfront Mixed-Use (BMU), the property allows for a diverse range of uses, including corporate or medical offices, hotels, motels, retail establishments, and high-density multifamily development (up to 40 units per acre with a minimum 20% commercial component). The city's vision for the area emphasizes a pedestrian-friendly, mixed-use community with a Mainstreet Village character, capitalizing on the waterfront location with improved streets, pathways, and crosswalks leading to public spaces and waterfront parks. This prime location and flexible zoning make this property ideal for a variety of development projects. The two-story buildings offer significant existing space, providing immediate income potential or a foundation for redevelopment. The asking price is $4,950,000.