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• - Subject Property 2 Located at the northeast corner of 8'` Street and Indian River Boulevard, Subject Property 2 Consists of t21 acres of coastal oak hammock and t16 acres of estuarine wetlands. The coastal oak hammock generally is located near Indian River Boulevard, while the estuarine wetlands generally are located along the Indian River Lagoon. Adjacent properties to the north also contain coastal oak hammock along Indian River Boulevard and estuarine wetlands along the Indian River Lagoon. While all of Subject Property 2 is zoned RS -1, Single -Family Residential District (up to 1 unittacre), only the eastern portions of adjacent properties to the north and south are zoned RS -1. The western portions of those properties are zoned RM -10, Multiple -Family Residential District (up to 10 units/acre). Currently under construction on land along Subject Property 2's south boundary is the River Park Place Multiple -Family development. West of Subject Property 2, across Indian River Boulevard, land is zoned RM -10 and contains the Kyles Run Apartments. Although zoned RS -1 in the County Zoning Atlas, environmentally important wetlands, such as those along the Indian River Lagoon, are deemed to be zoned Con -2, wetland Conservation District (up to 1 unit/40 acres). - Subject Property 3 Located on the western edge of the southern barrier island, just west of St. Christopher's Harbor Subdivision, Subject Property 3 is nearly surrounded by the Indian River Lagoon. Zoned RS -1 in the county zoning atlas, Subject Property 3 is undeveloped and consists entirely of impounded estuarine wetlands. Nearby lands on the barrier island, to the east of Subject Property 3, are zoned RS -3, Single -Family Residential District (up to 3 units/acre), and consist of single-family subdivisions and unplatted lots. -Subject Property 1 Subject Property 1 and most land to the west, including the Island Club Subdivision, are designated L-2, Low -Density Residential -2, on the county's future land use map. The L-2 designation permits residential uses with densities up to 6 units/acre. Land within the Jungle Trail Conservation Area, including land abutting Subject Property 1 on the north and the remaining land to the west of Subject Property 1, are designated C-1, Publicly Owned or Controlled Conservation-1(zero density). The C-1 designation permits conservation and passive recreational uses. South of the subject property, land is designated MD, Moderate Density Residential, on the Town of Indian River Shores' future land use map. The MD designation permits residential uses with densities up to 6 units/acre. - Subject Property 2 With the exception of estuarine wetlands along the Indian River Lagoon, Subject Property 2 and all surrounding properties are designated M-2, Medium -Density Residential -2, on the county's future land use map. The M-2 designation permits residential uses with densities up to 10 units/acre. The estuarine wetlands along the Indian River Lagoon are designated C-2, Estuarine Wetlands Conservation -2. The C-2 designation permits residential uses with densities up to Iunit/40 acres on site or off site density transfer credits of up to 1 unit/acre. November 10, 1998 57 BOOK 107 PAGE 55