1280 Highway 1, Malabar, FL 32950
$2,250,000
Property Type:
Commercial Sale
Baths:
2.5
Square Footage:
4,357
Lot Size (sq. ft.):
26,572
Status:
Active
Current Price:
$2,250,000
List Date:
9/26/2025
Last Modified:
12/03/2025
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.
More Information MLS# 1058133
Contract Information
Start Showing Date: 2025-09-26
Current Price: $2,250,000
Original List Price: 2400000
List Price: $2,250,000
Status: Active
Listing Contract Date: 2025-09-26
Property Sub Type: Mixed Use
Location, Tax, and Legal
Tax Account: 2850955
Parcel Number: 28-38-31-00-00262.0-0000.00
General County Location: South
Tax Annual Amount: 10340
Tax Year: 2024
Additional Parcels YN: No
Additional Parcels Description: First Right of Refusal to the ajacent .82 acre parcel to the west.
Zoning Description: Commercial
Directions: Heading eastbound on Malabar Rd, take Highway 1 Northbound, Property is the second one on the West side of Highway 1.
General Property Information
Number Of Units Total: 3
Stories Total: 1
Building Area Total: 4357
Building Area Source: Measured
Lot Size Acres: 0.61
Association YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Water Body Name: Indian River
Water Frontage Feet: 130
Land Lease YN: No
Senior Community YN: No
List Price/SqFt: 516.41
Bathrooms Total: 2.5
Year Built: 1948
Remarks and Miscellaneous
Public Remarks: 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.
Construction Materials
Concrete: 1
Frame: 1
Stucco: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Current Use
Commercial: 1
Mixed Use: 1
Flooring
Laminate: 1
Tile: 1
Vinyl: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Private Financing Available: 1
Other: 1
Lot Features
Cleared: 1
Parking Features
Additional Parking: 1
Parking Lot: 1
Possession
Close Of Escrow: 1
Water Body Access Type
Navigable: 1
Owned: 1
Road Frontage Type
Highway: 1
Roof
Metal: 1
Wood Truss/Raft: 1
Sewer
Septic Tank: 1
Unit 1 Details
Unit ID: 0
Annual Rent: 0
Unit SqFt: 1140
# Units (This Type): 2
Baths Total: 1
Furnished: Negotiable
Unit Remarks: Office
Unit 2 Details
Unit ID: 0
Annual Rent: 0
Unit SqFt: 2258
# Units (This Type): 1
Baths Total: 1
Furnished: Negotiable
Unit Remarks: Hair Salon
Unit 3 Details
Unit ID: 0
Annual Rent: 0
Unit SqFt: 959
# Units (This Type): 2
Baths Total: 1
Furnished: Negotiable
Unit Remarks: Office
Water Source
Well: 1
Waterfront Features
River Access: 1
Showing Requirements
Appointment Only: 1
Showing Service: 1
Other: 1
Building Features
Kitchen Facilities: 1
Laundry: 1
Lobby: 1
Lounge: 1
Manager on Premise: 1
Office: 1
Outside Storage: 1
Rear Access: 1
Ceiling Type
Drywall: 1
Location
City: 1
Sale Includes
Building & Land: 1
Location Tax and Legal
Street Number: 1280
Street Name: Highway 1
County: Brevard
State: FL
Postal Code: 32950
MLS Area Major: 342 - Malabar/Grant-Valkaria
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2025-10-30T16:52:00Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-10-30T16:52:00Z
Status Change Timestamp: 2025-09-26
Property Features
Building Features: Kitchen Facilities; Laundry; Lobby; Lounge; Manager on Premise; Office; Outside Storage; Rear Access
Ceiling Type: Drywall
Construction Materials: Concrete; Frame; Stucco
Cooling: Ceiling Fan(s); Central Air; Electric
Current Use: Commercial; Mixed Use
Flooring: Laminate; Tile; Vinyl
Heating: Central; Electric
Listing Terms: Cash; Conventional; Private Financing Available; Other
Lot Features: Cleared
Parking Features: Additional Parking; Parking Lot
Possession: Close Of Escrow
Water Body Access Type: Navigable; Owned
Road Frontage Type: Highway
Roof: Metal; Wood Truss/Raft
Sale Includes: Building & Land
Sewer: Septic Tank
Showing Requirements: Appointment Only; Showing Service; Other
Water Source: Well
Waterfront Features: River Access
Documents
Engineered Site Plan ›
Listing Office:
EXP Realty, LLC
Last Updated: December - 03 - 2025
Information is deemed to be reliable, but is not guaranteed.