Listing Address:
1280 Highway 1 , Malabar, FL 32950
Price: $2,250,000
MLS # 1058133
Property Type: Commercial
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Property Description:
Prime mixed-use investment on Florida's Space Coast. Located at 1280 Highway 1 in Malabar, this fully renovated 4,357 SF, three-unit commercial property sits on 0.61 acres with 113' of high-visibility U.S. Highway 1 frontage and multiple income streams. The three flexible units support retail, office, medical, service, or restaurant use, including a medical-ready space with a lead-lined X-ray room and strong restaurant conversion potential. Property features high-end finishes, ample parking with 13 paved spaces plus additional gravel parking, and a 110' x 20' concrete slab for expansion. A deposit is in place for a 20' x 60' aluminum building and carport. Unique waterfront amenity includes indirect access with a brand-new 450' dock and 16,000-lb boat lift. Major upgrades include full renovation (2025), flat roof (2024), metal roof (2017), HVAC (2023/2017), and full cast iron plumbing replacement. Seller financing available with first right of refusal on adjacent parcel.
Property Listing Details for 1280 Highway 1 , Malabar, FL 32950
County
Brevard
Tax Amount
$10,640 (2025)
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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