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201 Mediterranean Way

Indian Harbour Beach, FL 32937

$1,495,000 $6,302/Mo

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Overview

Bed

Bath

1.31

Acres(Lot)

Description

The subject property consists of a 1.31-acre parcel located in the City of Indian Harbour Beach and is currently zoned B-1 (General Commercial). Permitted uses under this zoning designation include retail, restaurant, professional office, religious facilities, and other commercial uses. In addition, the property has been granted a Conditional Land Use approval allowing for the development of an assisted living facility. The previous property owner planned a three-story, 96-bed assisted living facility on the site, but that design would require official city approval. The City has also indicated a willingness to rezone the property to R-2 (Residential), which would permit development at a density of seven (7) dwelling units per acre. At this density, the 1.31-acre site would support a pproximately nine (9) units, with the potential to accommodate up to ten (10) townhome lots, subject to final site design and municipal approvals, as illustrated in the attached conceptual site plan. Mediterranean Way is currently developed with townhomes as part of the Fortebello community, providing strong compatibility with a potential residential redevelopment and supporting the feasibility of the proposed rezoning.

Property Details

Property Type : Land

Price : $1,495,000

AD Id : 75640777

MLS Id : 1070430

Lot Size : 1.31 Acres

Year Built : --

County : Brevard

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Sewer: Public Sewer
Heating & Cooling

WaterSource: Public

Lot Information

Lot Description: Other Lot Size Area: 1.31 Acres Lot Square Feet: 57,064

Property Information

Property Type: Land Sub Type: Unimproved Land Subdivision: None MLS Area Minor: 382-Satellite Bch/Indian Harbour Bch Source Neighborhood: None

Listing Price Information

Listing Id: 1070430 ist Price: $1,495,000 Listing Terms Cash, Other
Listing Information

Possession: Close Of Escrow

Tax Information

Parcel Number: 27-37-13-00-00275.0-0000.00 Annual Tax: $6,274 Tax Year: 2023 Taxes: PART OF S 1/2 OF NW 1/4 OF NW 1/4 AS DESC IN ORB 5639 PG 1560

School Information

Elementary School: Ocean Breeze

Elementary School District:

Junior High School: Hoover

Senior High School: Satellite
Utility Information

Sewer Available, Water Available
Location Information

Direction: This site is located in Indian Harbour Beach on the north side of Eau Gallie Blvd and is behind the Tropical Smoothie and the Cazadores restaurant.

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