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Legal Duplex with Dock
For Sale
$1,448,000

4480 S Highway 1, Grant, FL 32949

COMMERCIAL - Grant, FL

Property Size2,168 SF
Lot Size1.18 Acres
Price / SF$667.90
Days on Market92

Property Features for 4480 S Highway 1

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial/Residential/Office
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4
Parking 4
Parking features Driveway, Gated
Exterior features Dock, Boat Lift, Impact Windows
Fencing Fenced
Fireplace 1
Appliances Dishwasher, Dryer, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Washer, Water Softener Owned
Lot features Many Trees, Split Possible
View Water, River
Elementary school Port Malabar
Middle school Stone
High school Palm Bay
Directions South bound on US Highway 1, located in the Town of Grant-Valkaria along the Indian River Lagoon. Turn Right into Driveway at 4480 to enter property on West side of US Highway 1, and on East side of US Highway 1 is part of the property 'River-lot' part with dock and 2 boat lifts. If North bound on US Highway 1, turn left into Driveway at 4480, and 'River-lot' portion will be on your right.
Subdivision 342 - Malabar/Grant-Valkaria
Standard status Active
APN 29-38-21-00-00268.0-0000.00
Size 2,168 SF
Lot size 1.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PART OF LOTS 2,3 AS DES IN DB 349 PG 295 EX ORB 565 PG 803 PAR 500
Tax Annual Amount 8201
Legal Description PART OF LOTS 2,3 AS DES IN DB 349 PG 295 EX ORB 565 PG 803 PAR 500

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Central
Cooling system Central Air
Water source Private, Well
Water front features River Front, River Access, Navigable Water
Water front 1

Amenities

common indoor laundry
dock
boat lifts

Building Details

Year built 2022
Floors in Building 1
Number of units 2
Flooring type Tile
Building materials Block, Concrete, Stone, Stucco
Roof type Metal
Listing Agency: LoKation
Listed By: Leslie Anne Hanson
Added: Jun 8 Changed: Aug 4 Last Checked: Sep 7 at 6:06PM
MLS# 1079434

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This legal duplex offers two separate units configured as a 2/2 and a 2/1. The layout also allows the home to be used combined for a total of 4/3, with common indoor laundry and utility serving the duplex configuration. Built in 2022, the property features block construction with stucco and stone elements, tile flooring, central heating and central air, and impact windows. Appliances included include a dishwasher, electric cooktop, microwave, refrigerator, washer, dryer, and an owned water softener.

Outdoor features include a large waterfront setting with mature oaks and Indian River access, along with a 300' dock and two lifts. Parking is available via a gated driveway, and the property is fenced. Utilities include cable availability. Water is supplied by well with a private water source, and wastewater is handled by a septic tank.

TU-1 zoning provides commercial flexibility for the duplex use. A fireplace is also included, and the property can support an owner-occupant live-in arrangement with rental income from the second unit, depending on how you plan to occupy and operate.

Key Highlights

  • Legal duplex with units configured as 2/2 and 2/1, plus option to combine to 4/3
  • TU‑1 zoning
  • Built in 2022 with impact windows, central heating and central air, and tile flooring

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Restaurant Real Estate Agency Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 32949, FL

2,538
Population
1,216
Households
2.1
Avg Household Size
56
Median Age
32%
College-Educated
92%
High-School Grad
16.8 sq mi
ZIP Area
151
Density / Sq Mi
$126,146
Median Household Income
$53,173
Median Earnings
$497,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Legal duplex on TU-1 zoning with waterfront access, impact windows, central HVAC, and gated driveway parking.
Where is this duplex located?
The property is located at 4480 S Highway 1 Grant, FL.
What is the asking price?
The asking price for this property is $1,448,000.
What are key features of this property?
This property features: Legal duplex with units configured as 2/2 and 2/1, plus option to combine to 4/3; TU‑1 zoning; Built in 2022 with impact windows, central heating and central air, and tile flooring
More about this property
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