1280 Highway 1, Malabar, FL 32950
- $1,500,000
- 3
- BA
- 4,357
- SqFt
- List Price
- $1,500,000
- Status
- ACTIVE
- Days on Market
- 362
- Price Change
- ▼ $100,000 1782937848
- MLS#
- 1058133
- Subtype
- Commercial Sale
- 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
- Financing
- Cash, Conventional, Private Financing Available, Other
- Heating
- Central, Electric
- Air Conditioning
- Ceiling Fan(s), Central Air, Electric, Multi Units
- Exterior Construction
- Concrete, Frame, Stucco
- Roof
- Metal, Wood Truss/Raft
- Parking
- Additional Parking, Assigned, Parking Lot, Varies by Unit
Courtesy of EXP Realty, LLC