Listing Address:
1280 Highway 1 , Malabar, FL 32950
Active
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Price: $2,250,000
MLS # 1058133
Property Type: Commercial
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Property Description:
Exceptional investment opportunity on Hwy 1 in Malabar! Renovation complete early 2025. This 4,357 SF multi-unit mixed-use property sits on .61 acres with 113' of high-visibility frontage. Modern finishes include LVP flooring & stainless appliances. Recent upgrades: metal roof (2017), flat roof (2024), HVACs (2023 & 2017), all cast iron replaced. Middle unit ideal for dental/medical use with lead-lined x-ray room. Property features a 110'x20' concrete slab (ready for 20'x60' aluminum building, deposit paid), storage container, water softener & 50-gal icemaker. Indirect waterfront with 130' river frontage zoned Coastal Restoration includes new 450' dock, covered 16,000-lb lift & direct river access. Septic pumped 2022. Strong income potential with owner/user flexibility plus first right of refusal on adjacent .82-acre parcel. Seller financing available.
Property Listing Details for 1280 Highway 1 , Malabar, FL 32950
County
Brevard
Tax Amount
$10,340 (2024)
D. Basile Real Estate, LLC lists and sells Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard.
This listing is courtesy of EXP Realty , LLC. Property Listing Data contained within the D Basile Real Estate website is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
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