Land For Sale • 0.3 AC
INVESTMENT SNAPSHOT Offering Price $ 1,695,000 Property Type Boutique Luxury Development Site Development Status Fully Entitled / Shovel Ready Approved Residences 6 Units Vacation Rentals Weekly Rentals Permitted Development Package Included Assemblage 7 Tax Parcels Location Directly on A1A Beach Access Across from Paradise Beach INVESTOR HIGHLIGHTS Development Ready * Complete entitlements * Reduced timeline to construction * Site plans included *Architectural drawings included * Condominium documents included EXCEPTIONAL LOCATION * Direct A1A frontage * Paradise Beach directly across the street * Signalized pedestrian crossing * Walkable restaurants and shopping * Established luxury beachside community INVESTOR ALERT * Current federal tax provisions may create significant tax planning opportunities through 100% bonus depreciation on qualifying improvements and depreciable assets. * Combined with a shovel-ready six-unit development site, Paradise Cay Oceanside provides the opportunity to accelerate construction while potentially maximizing available tax benefits for qualifying improvements. Purchasers should consult their CPA or tax advisor regarding eligibility. Depreciation generally applies to qualifying improvements and depreciable property placed in service and not to the underlying land itself.
| Shovel Ready / Fully Entitled |
| across from Paradise Beach Park |
| Weekly Rentals permitted. Great investment as well as Beachside residence. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Melbourne Orlando International | 20 min | - | 8.3 mi |