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Overview

FOR THE VISIONARY DEVELOPER / INVESTOR...SPACE COAST LAGOON.

Capitilize on Florida's low taxes, high quality of life, affordable housing, and outdoor living.

A 60 ACRE VALUE- ADD OPPORTUNITY ON SPACECOAST'S INDIAN RIVER LAGOON

  • See Due Diligence Documents below for information including locator map, parcel numbers, aerial, zoning & future land use map, and more.
  • Property straddles US Highway 1 in East Central Florida split between two municipalities, Malabar & Grant-Valkaria.
  • Includes direct Indian River (Intracoastal Waterway) land on east side of US Hwy 1. Located in Indian River Lagoon, America's most diverse estuary.
  • Currently zoned for residential use with potential for commercial uses.
  • Space-related employment is high & growing; Major employer (L3 Harris) across highway.
  • Convenient to major transportation hubs including FL East Coast Railway, I-95, FL Turnkpike, Orlando Intl. Airport. 
  • Current nearest municipal sewer and water is two miles north on US Hwy 1 in Palm Bay. Existing upscale development utilizes septic & wells. Palm Bay has capacity available. Federal & State programs have potential to underwrite decentralized wastewater treatment to serve property.
  • Agricutural exemption on part of property. Total 2023 taxes under $9000.
  • Potential 1031 Exchange Property, EB 5 Development, or Florida SB102 (Affordable Housing Act).
  • Contact Susan Lawrence at spacecoastlagoon@gmail.com.
Information is based on reliable sources and deemed accurate. Interested parties should verify any and all information. Property may be modfied or withdrawn without notice.
Get in Touch
Susan Lawrence
Reg. Real Estate Broker, Florida & North Carolina
REAL ESTATE STRATEGIES, INC.
407.701.6228
Location & Map
Spacecoast Lagoon 60 Acres
Malabar, FL 32950
United States
Video
Amenities
  • 60 Acres with unbelievable frontage
  • 2661 feet of direct Indian River frontage
  • 3600 feet of US Hwy 1 frontage on east side
  • 3150 feet of US Hwy 1 frontage on west side
  • 3462 feet of FLA East Coast rail frontage on west side of US Hwy 1
  • 130 Acre L3 Harris complex across from northern tip of property
  • Beautiful high-end homes along Rocky Point Road on north end of property
  • Serene natural setting
  • Watersport & fishing center
  • Very desirable lifestyle area
  • Close to international airports and major transportation hubs
  • Multiple state parks in area
  • Public-access docks & Atlantic Ocean nearby