1280 Highway 1, Malabar, FL 32950

$1,500,000
3
BA
4,357
SqFt

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List Price
$1,500,000
Days on Market
328
Price Change
▼ $100,000 1782937848
MLS#
1058133
Year Built
1948
Bathrooms
3
Living Area
4,357
Lot Size
26,571
Acres
0.61
MLS Area Major
Malabar/Grant

Property Description

Fully renovated 4,357 SF mixed-use commercial property on 0.61 acres with exceptional Highway 1 frontage and strong income potential. Features 3 separate units with flexible layouts ideal for retail, office, medical, service, or restaurant use. High-end upgrades include LVP flooring, stainless appliances, updated systems, and a medical-ready suite with lead-lined X-ray room. Property includes 15 paved parking spaces plus a 3,000 SF gravel parking area and a 110' x 20' concrete slab ready for future expansion. Waterfront amenities include a new 450' dock and 16,000-lb covered boat lift. Major improvements include metal roof (2017), flat roof (2024), HVAC (2023), and updated plumbing. Seller financing available. Includes first right of refusal on adjacent 0.82-acre parcel. Prime high-traffic location near growing residential developments and the Indian River Lagoon.

Additional Information

Floor
Laminate, Tile, Vinyl, Wood
Utilities
Cable Available, Electricity Connected, Sewer Not Available, Water Connected
Heating
Central, Electric
Air Conditioning
Ceiling Fan(s), Central Air, Electric, Multi Units
Exterior Construction
Concrete, Frame, Stucco
Roof
Metal, Wood Truss/Raft

Listing courtesy of EXP Realty, LLC.

Listing courtesy of EXP Realty, LLC.

Courtesy of EXP Realty, LLC.

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Calculator source: Real Geeks