1860 Highway 1, Malabar, FL 32950
$1,500,000
Property Type:
Land
Lot Size (sq. ft.):
458,687
Status:
Active
Current Price:
$1,500,000
List Date:
5/19/2025
Last Modified:
12/15/2025
Description
Great parcel of land including riverfront on US1 over 10 acres. Zoned R-LC, residential and limited commercial. Zoning allows up to 6 residential units per acre. Property does include apx 400 feet of river frontage and frontage on US1. Purchase for development or future investment!
More Information MLS# 1046582
Location, Tax, and Legal
Tax Account: 2953315
Parcel Number: 29-38-06-00-00003.0-0000.00
General County Location: South
Elementary School: Port Malabar
Middle School: Stone
High School: Palm Bay
Tax Annual Amount: 4957.21
Tax Year: 2023
Tax Legal Description: PART OF GOVT LOT 1 AS DESC IN ORB 3496 PG 4745 EXC ORB 7185 PG 1297 PAR 4
Directions: From Malabar, head south on US1.
General Property Information
Lot Size Acres: 10.53
Lot Size Square Feet: 458687
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Indian River
CDD Fee YN: No
List Price/Acre: 142450.14
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Great parcel of land including riverfront on US1 over 10 acres. Zoned R-LC, residential and limited commercial. Zoning allows up to 6 residential units per acre. Property does include apx 400 feet of river frontage and frontage on US1. Purchase for development or future investment!
Closing Company Details
Closing Company Name: Supreme Title
Closing Company Address: 125 W New Haven Ave, Melbourne, FL 32901
Current Use
Commercial: 1
Mixed Use: 1
Multi-Family: 1
Residential: 1
Retail: 1
Single Family: 1
Unimproved: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Many Trees: 1
Possession
Close Of Escrow: 1
Road Frontage Type
Highway: 1
Road Surface Type
Asphalt: 1
Sewer
Septic Tank: 1
Unknown: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Available: 1
View
River: 1
Water Source
None: 1
Waterfront Features
River Front: 1
Development Status
Raw Land: 1
Showing Requirements
Call Listing Agent: 1
Contract Information
Current Price: $1,500,000
Original List Price: 1500000
List Price: $1,500,000
Status: Active
Listing Contract Date: 2025-05-19
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 1860
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: 2025-05-19T15:08:46Z
Major Change Type: New Listing
Status Change Timestamp: 2025-05-19
Property Features
Current Use: Commercial; Mixed Use; Multi-Family; Residential; Retail; Single Family; Unimproved
Development Status: Raw Land
Listing Terms: Cash; Conventional
Lot Features: Many Trees
Possession: Close Of Escrow
Road Frontage Type: Highway
Road Surface Type: Asphalt
Sewer: Septic Tank; Unknown
Showing Requirements: Call Listing Agent
Special Listing Conditions: Standard
Utilities: Electricity Available
View: River
Water Source: None
Waterfront Features: River Front
Listing Office:
Dale Sorensen Real Estate Inc.
Last Updated: December - 15 - 2025
Information is deemed to be reliable, but is not guaranteed.