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Capstone is pleased to present Solare Development Site: a ±13.2-acre multifamily development site located in the rapidly growing Space Coast MSA. With RM-20 zoning already in place, seller has submitted and expects to receive full site plan approval in the first week of July for their 261-unit site plan. The site will benefit from the plethora of high-paying white-collar employers just minutes away, namely L3Harris Technologies, Northrop Grumman, and Collins Aerospace. Solare Development Site provides substantial investment opportunity to deliver luxury product in a white-hot submarket with rock solid fundamentals.
Investment Highlights
Located in a Qualified Census Tract
Proximity to Aerospace/Engineering Job Hub
Market Leading Demographics & Fundamentals
Robust Regional Demand Drivers