For Sale
$2,995,000

8560 Us-1Micco, FL 32976

5.33 Acres, Highway 1 Frontage, Opportunity Zone

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • 5.33-acre development opportunity in Micco, FL, on US Highway 1.
  • 200 feet of highway frontage provides high visibility and accessibility.
  • Located in an Opportunity Zone, offering potential tax benefits.
  • Gently sloping topography with stunning views.
  • Existing riverfront area ideal for amenities (e.g., clubhouse, piers).
  • Currently zoned single-family residential, easily rezoned for commercial or multi-family use.

Property Details for 8560 Us-1

Property type
Land
Lot Size (sq. ft)
232,175 SF

Location Insight

City
Micco
County
Brevard
State
Florida
Latitude
27.8718314
Longitude
-80.4969987
8560 Us-1, Micco, Florida

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8560 Us-1
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