4% Co-broke opportunity. ATTENTION DEVELOPERS and INVESTORS This large tract of land accounts for 60 acres of 'RIVER RIDGE ESTATES', a private gated estate community. Location is in Grant Florida approximately 2 miles from the inter-coastal waters of the Indian River. Conveniently located close to Sebastian Inlet and I-95. Heritage Parkway is under construction and will be connecting approximately 3 miles from this location. The County's planned future use for this site is Res-1 meaning subdivision into 1 acre lots is possible with minimal expense. The subdivision is ready to build on, however no houses have been constructed. The streets and sidewalks are in, as well as the underground primary electric with multiple pad transformers located throughout the property. Municipal water is available.
Property has access to the north on Edisto Drive and to the south on Dottie Drive connecting to Micco Road. Neighboring subdivision to the north shows multiple recent sales of vacant land in the $40,000 to $60,000 per acre range on timber-covered lots. There are multiple new homes under construction in the neighboring subdivision. Lots are cleared with hard-surface road frontage and bordering sidewalks. Seller is motivated and has priced this development land to motivate the buyer. If you are a serious developer or investor, we ask that you please shop this property against everything comparable for sale in the area. We expect you will find what we already know... THIS IS THE BEST DEVELOPMENT OFFERING CURRENTLY ON THE MARKET IN BREVARD COUNTY FLORIDA.
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