About Compass Landing by Margaritaville on the Space Coast 705 S Harbor City Boulevard Melbourne FL 32901 Compass Landing by Margaritaville is a seven-story new mixed-use development that could offer 146 units and a 221-slip marina. Amenities include a 10,000-square-foot restaurant and a 20,000-square-foot outdoor entertainment center. Plans also call for a rooftop restaurant called “Salty Rim Bar & Grill.” Construction to start November 2022.