1280 Highway 1, Malabar, FL 32950
1280 Highway 1, Malabar, FL 32950
1280 Highway 1, Malabar, FL 32950
1280 Highway 1, Malabar, FL 32950
1280 Highway 1, Malabar, FL 32950
1280 Highway 1, Malabar, FL 32950
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Elizabeth Keossy

Elizabeth Keossy

+1(201) 884-0938
$ 1,750,000
Est. payment | /mo

3 Baths

4,357 SqFt

Save Virtual Tour
$ 1,750,000
Est. payment | /mo
Save Virtual Tour

3 Baths

4,357 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,357 sqft

Price per Sqft $401

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®)

Land Area 4357

Property Description

Prime mixed-use investment opportunity on Florida's Space Coast. Located at 1280 US Highway 1 in Malabar, this fully renovated 4,357 SF three-unit commercial property sits on 0.61 acres with 113' of high-visibility US-1 frontage and multiple income streams. Three flexible units support retail, office, medical, service, or restaurant use, including a medical-ready space with lead-lined X-ray room and strong restaurant conversion potential. Property features high-end finishes, updated systems, 13 paved parking spaces plus additional gravel parking, and a 110' x 20' concrete slab for expansion (buyer to verify). Unique indirect waterfront access includes a brand-new 450' dock with 16,000-lb boat lift. Major upgrades include full renovation (2025), flat roof (2024), metal roof (2017, sealed 2023), HVAC (2023/2017), and cast iron plumbing replacement. Seller financing available with first right of refusal on adjacent parcel.

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, Assigned, Parking Lot, Varies by Unit

Utilities Available Cable Available, Electricity Connected, Sewer Not Available, Water Connected

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 Private, 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

Schools and Properties Nearby

Elizabeth Keossy

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(201) 884-0938

lizsells321@gmail.com

Melbourne, FL, 32904, USA

Learn More About LPT Realty

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Tour the Home

1280 Highway 1