1280 Highway 1, Malabar, FL 32950
sale
$1,600,000
|
Other
Courtesy Of EXP REALTY LLC
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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Amenities: Ceiling Fan
- Amenities: Water Front
- Building Units: 3
- Cooling System: Multi Units
- Cooling System: Ceiling Fan(s)
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Frame
- Exterior Type: Stucco
- Exterior Type: Concrete
- Floor Covering: Vinyl
- Floor Covering: Wood
- Floor Covering: Laminate
- Floor Covering: Tile
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: PART OF LOT 2 & PT OF SE 1/4 OF NW 1/4 & PT OF NE 1/4 OF SW 1/4 S OF DB 295 PG 502 & N OF DB 287 PG 539 AS DES IN ORB 3212 PG 779 EXC US HWY 1 R/W PAR 263
- MLSID: 1058133
- Roof Type: Wood
- Roof Type: Metal
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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