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1280 Highway 1

Malabar, FL

Listing Details

  • $1,600,000
  • MLS# 1058133
  • Type Commercial -
  • Status
  • 2.5
    Bathrooms
  • 4,357
    Square Feet
  • 0.610 acres
    Lot Size
  • 1948
    Year Built

Description

Prime mixed-use investment opportunity on Floridas 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... Read more 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. 7.38% Projected Cap Rate at 100% Occupancy

Key Features

No amenity information available.

View All Features
1280 Highway 1
Malabar, FL 32950
Subdivision
None
County
Brevard

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial -
  • Cooling: Ceiling Fan(s), Central Air, Electric, Multi Units
  • Days on Site: 229
  • Exterior: Concrete, Frame, Stucco
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Heating: Central, Electric
  • Lot Description: Cleared
  • Lot Size: 0.61 Acres
  • Parking Notes: Additional Parking, Assigned, Parking Lot, Varies by
  • Roof Type: Metal, Wood Truss/Raft
  • Sewer: Septic Tank
  • Utility Features: Cable Available, Electricity Connected, Sewer Not Available, Water Connected
  • Water: Private, Well
  • Waterfront: Navigable Water, River Access, River Front, Seawall, Intracoastal
  • Year Built: 1948