4.6 Acres of Improved Commercial Land for Sale in Palm Shores, Florida

5120 N Highway 1, Palm Shores, FL 32940

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$2,750,000
4.64 acres
Active sale agoEst $16,048/mo

Unique Opportunity to Own Prime Commercial Real Estate in Melbourne! 4.64 Acres of Direct US 1 and 300 ft. of Indian River Front Frontage; can be broken up into three parcels total. One of the three potential parcels has a beautiful concrete block 5400 square foot tile roof building and is currently fully occupied with long term leases in place. Build on the other two parcels as you collect income from this beautiful building! Owner will sell the out parcels separately

Owner will sell the out parcels separately at ($500k) per outparcel

5,400
Sq feet
2014
Built

Directions

From Pineda Causeway Head South on US 1 and Building is approx 3/4 mile on your right hand side.

Property details

Coordinates
28.2013, -80.6607
Community
Honeybrook Plantation
Elevation
23 feet
MLS Number
SCAOR 973713
Date Listed

Legal description

Parcels

  • 26-37-30-Dt-00000.0-0005.00

Property taxes

2022
$13,372

Resources

This 4.64-acre property is located at 5120 N Highway 1 in Palm Shores, FL 32940 with latitude 28.2013 and longitude -80.6607. The property is currently available for sale for $2,750,000. It has a 5,400 sq ft structure built in 2014. Listing data is sourced from Space Coast Association of Realtors # 973713.

Verify sale details at the property source or contact Century 21 Baytree Realty at (321) 591-5922.

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Copyright (C) 2024 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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