4400 Dixie Highway, Palm Bay, FL 32905

$4,950,000
39,234
SqFt

Property Description

6.36 acre waterfront campus with two buildings totaling 39,234 SF. Located in Palm Bay, Florida, with 850 +/- feet of waterfront to the west and north (505 ft +/- deeded), and 530 feet of frontage along US Hwy 1 (Dixie Hwy). Easy access and egress, with two entrances, and two separate parking lots. Perfect for a school, university, medical center, ALF, business campus, or a religious institution. The City has also suggested that rezoning to Bayfront Mixed-Use is plausible, as it conforms with the area's future land-use, and aligns with the City's vision of creating a downtown bayfront destination in this area. Bayfront Mixed Use (BMU) permits high-density multifamily, up to 40 residential units per acre, provided the development also includes a commercial component of at least 20

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Listing courtesy of Sperry CGA-Flint Brokers.