Casa Azul

The property is located just north of Palm Bay Road NE, east of I-95, and south of W New Haven Ave (US 192), providing convenient access to one of South Brevard County's primary commercial and commuter corridors. The site benefits from proximity to new retail, residential neighborhoods, and employment center in Melbourne and Palm Bay, with strong connectivity to I-95 and the greater Space Coast market.The opportunity is to acquire a 12.62± acre multifamily development site located at 4250 S Babcock Street in Melbourne, Florida, within Brevard County. The property is approved under the Live Local Act for 300 residential units. The site offers a sizable, contiguous footprint suitable for a well scaled multifamily community in the booming high-growth Space Coast market.