Mixed-Use

Correll Palms

1300 N Washington Ave, Titusville, FL 32796

Listing Price: $2,500,000

Lot Size
30.73 acres
Price/Acre
$81,354
Land Type
Land

Investment Overview

The Correll Palms land contains seven contiguous parcels with 30.73 gross acres of vacant land. The site is located at 1300 N. Washington Avenue (US Highway 1), Titusville, Florida 32796 in northern Brevard County, the "Space Coast" of Florida. The property is directly across the street from the Parrish Medical Center and the Eastern Florida State College, Titusville Campus.

Coral Palms land is predominately zoned HM (Hospital Medical), approximately 29.25 acres. The 1.06-acre parcel at the west side of the property that fronts Old Dixie Highway is zoned GU (General Use) by the City of Titusville. The other 0.42-acre parcel on Old Dixie Highway is zoned AU (Agricultural Residential) by Brevard County. These areas could be used for green space, on-site retention or possibly additional access. The HM zoning's primary uses cater towards the medical industry such as medical office, hospital, emergency clinic, pharmacies, medical equipment and supply sales. Other conditional uses include assisted living facility, crematory services, funeral home, laboratory research and testing, fitness center, spa, churches, college/universities, community centers and vocational school.

Coral Palms land has approximately 1,200 linear feet of frontage on North Washington Avenue, a heavily traveled commercial, north/south corridor in Brevard County. The property has two full median cuts along North Washington Avenue, providing easy ingress/egress for traffic traveling north and south. The property is somewhat set back from North Washington Avenue as there is a state-owned 70-foot wide sidewalk and drainage swale. All utilities are nearby, with a municipal water main located on the east side of North Washington Avenue and a municipal force main for sewer is located on the east and west sides of North Washington. There is no gravity sewer main so a lift station will be required. Florida Power & Light provides electricity.

Investment Highlights

  • Zoned HM (Hospital Medical)
  • Adjacent to Parrish Medical Center
  • Adjacent to Eastern Florida State College
  • Approximately 1,200 Linear Feet Frontage on US Highway 1
  • All Utilities Along US Highway 1
  • Seller Financing Available with Terms to be Determined

Exclusively Listed By

Listing Price: $2,500,000

Lot Size
30.73 acres
Price/Acre
$81,354
Land Type
Land

Investment Highlights

  • Zoned HM (Hospital Medical)
  • Adjacent to Parrish Medical Center
  • Adjacent to Eastern Florida State College
  • Approximately 1,200 Linear Feet Frontage on US Highway 1
  • All Utilities Along US Highway 1
  • Seller Financing Available with Terms to be Determined

Investment Overview

The Correll Palms land contains seven contiguous parcels with 30.73 gross acres of vacant land. The site is located at 1300 N. Washington Avenue (US Highway 1), Titusville, Florida 32796 in northern Brevard County, the "Space Coast" of Florida. The property is directly across the street from the Parrish Medical Center and the Eastern Florida State College, Titusville Campus.

Coral Palms land is predominately zoned HM (Hospital Medical), approximately 29.25 acres. The 1.06-acre parcel at the west side of the property that fronts Old Dixie Highway is zoned GU (General Use) by the City of Titusville. The other 0.42-acre parcel on Old Dixie Highway is zoned AU (Agricultural Residential) by Brevard County. These areas could be used for green space, on-site retention or possibly additional access. The HM zoning's primary uses cater towards the medical industry such as medical office, hospital, emergency clinic, pharmacies, medical equipment and supply sales. Other conditional uses include assisted living facility, crematory services, funeral home, laboratory research and testing, fitness center, spa, churches, college/universities, community centers and vocational school.

Coral Palms land has approximately 1,200 linear feet of frontage on North Washington Avenue, a heavily traveled commercial, north/south corridor in Brevard County. The property has two full median cuts along North Washington Avenue, providing easy ingress/egress for traffic traveling north and south. The property is somewhat set back from North Washington Avenue as there is a state-owned 70-foot wide sidewalk and drainage swale. All utilities are nearby, with a municipal water main located on the east side of North Washington Avenue and a municipal force main for sewer is located on the east and west sides of North Washington. There is no gravity sewer main so a lift station will be required. Florida Power & Light provides electricity.

Exclusively Listed By

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