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Susan Luderitz

susan.luderitz@engelvoelkers.com +1(321) 327-1964

$ 2,250,000

Est. payment -/mo

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Active

1280 Highway 1 Malabar, FL 32950

3 Baths

4,357 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,357 sqft

Price per Sqft $516

MLS Listing ID 1058133

HOA Y/N No

Total Fin. Sqft 4357

Year Built 1948

Annual Tax Amount $10,639

Tax Year 2025

Lot Size 0.610 Acres

Acres 0.61

Property Sub-Type Mixed Use

Source Space Coast MLS (Space Coast Association of REALTORS®)

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.

Location

State FL

County Brevard

Area 342 - Malabar/Grant-Valkaria

Direction Heading eastbound on Malabar Rd, take Highway 1 Northbound, Property is the second one on the West side of Highway 1.

Body of Water Indian River

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric, Multi Units

Flooring Laminate, Tile, Vinyl, Wood

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Additional Parking, Parking Lot

Waterfront Description Navigable Water,River Access,River Front,Seawall,Intracoastal

Roof Type Metal,Wood Truss/Raft

Present Use Commercial,Mixed Use,Office,Retail

Road Frontage Highway

Garage No

Building

Lot Description Cleared

Sewer Septic Tank

Water Well

Others

Senior Community No

Tax ID 28-38-31-00-00262.0-0000.00

Acceptable Financing Cash, Conventional, Private Financing Available, Other

Listing Terms Cash, Conventional, Private Financing Available, Other

ParcelsYN No

Virtual Tour https://www.propertypanorama.com/instaview/spc/1058133

Space Coast Association of Realtors (Brevard MLS)

Listed by EXP Realty, LLC

Susan Luderitz

Advisor | License ID: SL3589167

+1(321) 327-1964

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