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Renovated Mixed-Use Commercial Property

1280 U.S 1 Malabar, FL 32950

1280 U.S 1, Malabar, FL, 32950
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Fully renovated mixed-use property with highway frontage and waterfront amenities.

Property Size4,357 SF
Lot Size0.61 Acres
Price / SF$344.27
AddedMay 25
Days on Market51
Last RefreshMay 27 at 8:25 am

Property Features for 1280 U.S 1

General Information

Standard status
Active
Size
4,357 SF
Lot size
0.61 Acres
Property subtype
Retail, Office, Mixed Use

Building Details

Year Built
1948

Listing office EXP Realty, LLC

Listing date May 25, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC


Investment Insights

Based on property information with market context.

This fully renovated 4,357 square foot mixed-use commercial property is situated on 0.61 acres. It features exceptional frontage on Highway 1 and strong income potential. The property is comprised of 3 separate units with flexible layouts suitable for retail, office, medical, service, or restaurant use. High-end upgrades include LVP flooring, stainless appliances, and updated systems. One suite is medical-ready and includes a lead-lined X-ray room. The property provides 15 paved parking spaces, plus a 3,000 square foot gravel parking area, and a 110 foot by 20 foot concrete slab ready for future expansion. Waterfront amenities include a new 450 foot dock and a 16,000-lb covered boat lift. Major improvements include a metal roof installed in 2017, a flat roof installed in 2024, HVAC installed in 2023, and updated plumbing. The property is located in a prime high-traffic area near growing residential developments and the Indian River Lagoon. Seller financing is available. The sale includes first right of refusal on the adjacent 0.82-acre parcel.

Key Highlights

  • Fully renovated 4,357 SF mixed‑use commercial property with exceptional Highway 1 frontage and strong income potential.
  • Waterfront property featuring a new 450' dock and 16,000‑lb covered boat lift.
  • Three separate units with flexible layouts suitable for retail, office, medical, service, or restaurant use, including a medical‑ready suite with lead‑lined X‑ray room.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $94.1k $21.60
− Vacancy −$15.1k −$3.46
EGI $79.1k $18.14
− OpEx −$19.8k −$4.54
NOI $59.3k $13.61
4,357 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$847.0K
$741.1K – $988.2K (±1% cap)
NOI $59,290 @ 7.0% cap · market cap 3.95%
Second Best
Healthcare Medical
$783.4K
$685.4K – $913.9K (±1% cap)
NOI $54,835 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,465 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

HVAC Service Big Box & Wholesale Store Building Supply Real Estate Agency Grocery & Convenience Store Cafe & Coffee Shop Plumbing Service Spa & Massage Center Restaurant Garden Center

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

FAQs

What type of property is this?
Mixed-use property - Fully renovated mixed-use property with highway frontage and waterfront amenities.
Where is this mixed-use property located?
The property is located at 1280 U.S 1 Malabar, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Fully renovated 4,357 SF mixed‑use commercial property with exceptional Highway 1 frontage and strong income potential.; Waterfront property featuring a new 450' dock and 16,000‑lb covered boat lift.; Three separate units with flexible layouts suitable for retail, office, medical, service, or restaurant use, including a medical‑ready suite with lead‑lined X‑ray room.
Contact an agent
(321) 609-0935 Call to check price and availability
More about this property
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