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1444 Range Rd
Cocoa, FL 32926

$2,500,000 USD

Land For Sale  •  19.28 AC

Property Details

  • Property Type Land
  • Lot Size 19.28 AC
  • Zoning RU-1-7
25 Transit Score
6 Walk Score

Description

Property Overview:

Location: Cocoa, Florida

Size: 19.28 acres (two parcels, each 9.64 acres)

Identification: Brevard County Tax Parcel IDs 24-35-24-00-758 and 24-35-24-00-759

Current Condition: Undeveloped, dense vegetation and wetlands

Frontage: Range Road North, a collector road

Flood Zones: Majority in Flood Zone X (moderate risk), small portion in Flood Zone AE (high risk)

Utilities: Not currently served by City water or sewer

Council District: Located in Cocoa City Council District 3

Zoning and Land Use:

Future Land Use (FLU): Low Density Residential

Zoning: RU-1-7, Single-Family Residential

Development Potential:

Maximum density of 7 Dwelling Units Per Acre (du/ac)

Up to 12 du/ac as part of a planned residential development

Potential for up to 134 dwelling units with current zoning

Up to 231 dwelling units if developed as a planned residential development

Development Opportunities:

Potential Uses: Residential, Institutional, Open Space/Recreational

Current Zoning Allowances: Single-family residential development

Rezoning Possibility:

Can accommodate Single Family or Attached Residential Development.

To accommodate townhouses, the property needs rezoning

Engineers Recommend rezoning to Planned Unit Development (PUD) for increased density and mixed housing types

Surrounding Area:

North: Low Density Residential & Commercial (PUD & C-N)

South: Low Density Residential (RU-1-7)

East: Commercial & Medium Density Residential (RU-2-15)

West: Conservation (RU-1-7)

Investment Highlights:

Opportunity Zone: Located in a designated Opportunity Zone offering potential tax benefits for investors

Prime Location: Situated in a rapidly developing area with easy access to major roads

Flexible Development Potential: Suitable for various residential developments with possible rezoning to PUD for higher density and diverse housing options

Capture Dynamic Market: The parcel is ideally suited for fee-simple sales, traditional rental units, or a Built-to-Rent community.

Highlights

Located in a designated Opportunity Zone offering potential tax benefits for investors
Maximum density of 7 Dwelling Units Per Acre (du/ac)
Delivered with 3rd Party Reports, Concept Designs, etc.

Public Transportation

AirportDriveWalkDistance
Melbourne Orlando International 41 min - 28.1 mi
Brad Kuskin 561-232-7899 GoCommercial at Compass
Brad Kuskin 561-232-7899 GoCommercial at Compass