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For Sale

RIVERVIEW ± 19.09 ACRES ZONED FOR MIXED USE: RESIDENTIAL-MULTI FAMILY-ACLF-MEMORY CARE

2100 S. US Highway 1,
Malabar, FL 32950

Asset Snapshot

19.09 Acres
Land Area

Offering Summary

Investment Overview

• Zoned and permitted for ± 283 Unit Senior Housing Campus • Maximum zoning density of 343 units allows for additional development of 70+ units of IL or 55+ condominiums • Parcel ID: 29-38-05-00-502 • Tax ID: 2953285 / $10,110 - 2017


Investment Highlights

  • Zoned and permitted ± 283 Unit Senior Housing Campus
  • • Recommended Phase One Unit Mix:
  • 40 Independent Living Units (51 beds)
  • 75 Assisted Living Units (100 beds)
  • 20 Memory Care Units (25 beds)
  • • Mirror building recommended for Phase II
  • • Maximum zoning density of 343 units allows for
  • additional development of 70+ units of IL or 55+
  • condominiums
  • • Unit sizes range from 250 SF and up with no maximum size
  • per unit
  • • Conceptual site plan includes retail amenities, clubhouse &
  • pool
  • • ± 1.14 Acre deep water access frontage (1,000’ x 50’)
  • • ± 19.09 Acre Future Development Site
  • • ± 1,023’ of Frontage along Highway 1
  • • Mixed Use- Residential, Multi-Family (6 units per acre), ACLF, Memory Care

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Listing Syndicated From

Buildout
For Sale
$4,000,000
Asking Price