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    Flexible Live/Work Studio in Malabar Title is generated by Realmo AI

    1280 Highway 1, Malabar, FL 32950

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    Picture of Live-work space at 1280 Highway 1, Malabar, FL
    For Lease
    $2,000/Mo $25 SF/Yr (calc)

    COMMERCIAL - Malabar, FL

    Property size:
    959 SF
    Lot size:
    0.61 Acres
    Added:
    Jan 8, 2026
    Days on Market:
    138
    Last Refresh:
    May 26 at 5:06 pm

    Property Features for 1280 Highway 1

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1
    Parking features
    Driveway, Assigned
    Security features
    Security
    Standard status
    Active
    APN
    28-38-31-00-00262.0-0000.00
    Size
    959 SF
    Lot size
    0.61 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax 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
    Tax Annual Amount
    10640

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air, Multi Units
    Water source
    Well
    Water front features
    Seawall, Navigable Water, River Access, River Front
    Water front
    1

    Building Details

    Year built
    1948
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile, Vinyl
    Building materials
    Aluminum Siding, Block, Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Adam Michael Drwiega
    Adam Michael Drwiega

    Listing agent Adam Michael Drwiega License #3503298

    Listing office EXP Realty, LLC 1401 N Atlantic Ave., Jacksonville, FL

    Listing date Jan 8, 2026

    MLS# 1066837

    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.

    HighLights

    • Flexible live/work potential with oversized studio layout.
    • Three dedicated parking spaces with additional parking availability.
    • Full kitchen, full bathroom, and dedicated laundry room within the unit.
    • Access to on‑site fishing pier with river access and waterfront features.
    • Includes private lobby and shared porch access.
    • High‑speed 1‑gig Wi‑Fi internet included.

    Overview

    This oversized studio apartment or office space is available for immediate occupancy, offering flexible live/work potential. The well-designed space includes a private lobby, a full kitchen, a full bathroom, and a dedicated laundry room. Shared porch access is also included. The unit has three parking spaces, with additional parking available via the rear driveway as needed. Tenants have access to an on-site fishing pier with an executed release waiver. The property is located in Malabar, Florida, and the lot size is 0.61 acres. The property size is 959 square feet. Lease is NNN, with base rent plus 30% of the building's total utilities including electric, security, and 1-gig high-speed Wi-Fi internet, as well as annual property taxes and insurance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Malabar
    County
    Brevard
    State
    Florida
    Longitude
    -80.5779
    Latitude
    27.9647

    Nearby Similar for Lease

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      2,258 SF

      Remodeled Office Space on US-1

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    • $2,400/Mo
      1,140 SF

      Malabar Commercial Office For Lease

      Office space with mixed-use zoning available for immediate occupancy.
      1280 Highway 1, Malabar, FL 32950
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    • $9,200/Mo
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      Malabar Mixed-Use Office Space

      Remodeled office space with highway frontage and flexible lease terms.
      1280 Highway 1, Malabar, FL 32950
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    FAQs

    What type of property is this?
    Live-work space - Oversized studio with live/work potential, immediate occupancy.
    Where is this live-work space located?
    The property is located at 1280 Highway 1 Malabar, FL.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: Flexible live/work potential with **oversized studio layout**.; Three dedicated parking spaces with additional parking availability.; **Full kitchen, full bathroom, and dedicated laundry room** within the unit.
    (321) 609-0935
    We can help!
    Listing Contact
    Adam Michael Drwiega
    Adam Michael Drwiega
    Real Estate License ID: 3503298
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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