US 1 and Cottrell Avenue, Cocoa, FL 32927

Property Description:

This 12.39-acre parcel is comprised of seven (7) contiguous land parcels, spanning from

US 1 on the west side to the Indian River on the east. Cottrell Avenue is the access street

to the north and Route 1 to the west.

• The frontage on U.S. Highway 1 is 568 +/- linear feet and the riverfront frontage totals

approximately 370 feet.

• Zoning: RU-2-10 - this is a medium-density multiple-family residential zoning

classifications encompass lands devoted to medium-density multifamily

residential purposes. Allowed uses include but are not limited to: Multifamily

dwellings, Duplexes, Resort dwellings, Single-family attached dwellings, in

accordance with the development standards in the single-family attached

residential zoning classifications, Single family dwellings up to the allowable

density limitation of the zoning classification, Parks and public recreational

facilities, Private golf courses, Foster homes.

The piece is located on the east side of US Highway 1, directly across the street from the

Space Coast Frontenac Flea Market. The piece contains approximately 570 feet of direct US

1 frontage, as well as direct Indian River frontage totaling approximately 370+/- feet. The

site is easily accessible to I-95 at Port St. John Parkway, State Road 528 and Route 1 is a

major north-south corridor through the entire county along the river. Driving distance to

major air travel is also convenient, with a drive distance of 40 miles to the Orlando

International Airport, 46 miles to the Sanford/Orlando Airport and just 28 mies south to

the Melbourne/Orlando International Airport. Local attractions include Kennedy Space

Center (11 miles), the American Police Hall of Fame (5 miles) and Cape Canaveral and local

beaches and ports of call (14 miles). Also in the vicinity the Hyatt Place Hotel is expected to

break ground in October 2018 and open in Fall of 2019