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201 Mediterranean Way, Indian Harbour Beach, FL 32937
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201 Mediterranean Way
Indian Harbour Beach, FL 32937
ACTIVE
$1,495,000
1.31
Acres
Residential
Zoning
Land
Type
1070430
MLS #
Elem School: Ocean Breeze
Middle School: Hoover
High School: Satellite

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 approximately 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.

Location

Brevard Coastal Homes
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201 Mediterranean Way, Indian Harbour Beach, FL 32937 | $1,495,000 — Brevard Coastal Homes