PROPERTY DESCRIPTION
Exceptional 10.01-acre development assemblage located along US Hwy 1 in Indian River County, Florida. The property includes six contiguous parcels with approximately 722 feet of highway frontage and is offered for sale as a complete assemblage.
Currently improved with residential structures on three parcels producing approximately $8,500 per month in rental income, the site offers both immediate cash flow and long-term redevelopment potential.
SF-MF zoning supports a variety of potential residential development concepts including single-family homes, multifamily units, duplexes, apartments, and townhomes, subject to county approval and buyer verification.
The property benefits from existing utilities including electricity, water, cable, and telephone service, level topography, excellent visibility, and convenient access to surrounding residential and commercial developments.
Strategically positioned near the Grand Harbor area, Spoonbill Marsh, waterfront communities, and expanding residential growth corridors, this offering represents a rare large-acreage redevelopment opportunity along one of the Treasure Coast’s primary transportation routes.
