Land

The Vues Multi-Family Development Site

Parcel Aparcel B Brevard, Florida United States 32901
Asking Price Contact for pricing
Area Size N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
Area Size N/A
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Land Area ()

Property description

Jones Lang LaSalle Americas, Inc.(“JLL”) as exclusive advisor, is pleased to present the opportunity to acquire The Vues, a ±2.35 acre in-fill multifamily development site, with a preliminary “conceptual” plan for 200 units prepared by seller, located on the Indian River in Downtown Melbourne. The Site is located just Southeast of the Melbourne – Orlando International Airport, an area that serves as the economic engine for Brevard County, and is home to a burgeoning list of defense and technology companies. 

 

Currently under the jurisdiction of the City of Melbourne, the property is located within a special Downtown Community Redevelopment Area, and is zoned C-3, with a DMAC (Downtown Melbourne Activity Center) overlay which allows 100 UPA (units per acre*) for a permitted height of 8 stories or 96 feet. Apartments are a permitted use of the C-3 zoning. 

 

The Vues site offers frontage along the Indian River and convenient access to downtown Melbourne, the Melbourne-Orlando International Airport, professional employment, and the beach.

Investment highlights

  • Rare In-Fill Development Opportunity
  • Outstanding Multi-Housing Market Fundamentals
  • Convenient Access to Top Employers and Demand Drivers
  • Healthy Resident Profile
Last Updated Date: 02 Nov 2021

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Last Updated Date: 02 Nov 2021

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