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4400 Dixie Hwy NE - River's Edge

39,269 SF Speciality Building Offered at £3,982,014 in Palm Bay, FL 32905

Investment Highlights

  • Flexible Zoning
  • 530 ft along US 1
  • Direct waterfront access

Executive Summary

This 6.36-acre waterfront campus in Palm Bay’s Bayfront Community Redevelopment District offers exceptional redevelopment potential with over 850 feet of frontage along the Indian River Lagoon and 530 feet on US Hwy 1. The property includes two buildings totaling 39,234 SF: a recently renovated 29,617 SF main building (70% office space, 30% shell) and a 9,257 SF secondary building (shell, currently used for storage). Zoned for high-density multifamily, corporate or medical offices, retail, and hospitality, the site features dual access points, two parking lots, and seamless connectivity to the area's ongoing transformation. Located in the Bayfront Village, the city’s redevelopment vision focuses on creating a vibrant, mixed-use, pedestrian-friendly community with waterfront-themed public spaces, enhanced infrastructure, and thriving commercial activity. Nearby projects include the Aqua development and a planned 370-unit multifamily community, further enhancing the investment appeal of this prime property.

Property Facts

Price £3,982,014
Price Per SF £101
Sale Type Investment or Owner User
Property Type Speciality
Property Subtype Schools
Building Class B
Lot Size 6.36 AC
Building Size 39,269 SF
Number of Floors 2
Year Built 1986
Tenancy Single
Parking Ratio 2.29/1,000 SF

Amenities

  • Signage
  • Waterfront

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-37-24-29-00000.0-0006.00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£3,045,113

zoning

Zoning Code Mixed Use (Zoned for high-density multifamily, office, retail, and hospitality within Palm Bay’s Bayfront Community Redevelopment District (BCRD).)
Mixed Use (Zoned for high-density multifamily, office, retail, and hospitality within Palm Bay’s Bayfront Community Redevelopment District (BCRD).)
  • Listing ID: 34098075

  • Date on Market: 05/12/2024

  • Last Updated:

  • Address: 4400 Dixie Hwy NE, Palm Bay, FL 32905

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