1280 Highway 1, Malabar, FL 32950
About Property
Prime mixed-use investment opportunity on Florida's 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 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.
Essential Property Information
- Year Built: 1948
- Price: $1,750,000
- Property Type: Commercial
- Country: USA
- City: Malabar
- Bathrooms: 2.50
Additional Property Info
- Acres: 0.61 acres
- Current Zoning: Commercial
- Listing ID: 1058133
- Listing Status: Active
- Number Bathrooms: 2.50
- Property Type: Commercial
- Real Estate Taxes: $10,639.95
- SqFt - Total: 4,357 sqft
- State/Province: FL
- Status: Active
- Status Change Date: Friday, September 26th, 2025
- Street Name: Highway 1
- Street Number: 1280
- Subdivision: None
- Tax Year: 2025
- Total Building Area: 4357.00
- Total Units: 1
- Type: Mixed Use
- Var/Dual Rate: Indian River
- Virtual Tour: Click Here
- Waterfront: Yes
- Year Built: 1948
- Zip Code: 32950
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