1600 Corey Rd Malabar, FL 32950
- Land
Current Use by Public Records
- Land
Property Details for 1600 Corey Rd
- Property type
- Land
Description
This exceptional 76,230 square foot commercial lot, located at 1600 Corey Road in Malabar, Florida (zip code 32950), presents a unique investment opportunity. Situated within the desirable Stillwater Preserve community, this 1.75-acre parcel offers a tranquil setting backing onto a protected preserve, ensuring lasting privacy and preventing future development behind the property. The lot is conveniently located and benefits from potentially available private financing options. While the property is currently zoned for residential use, its size and location make it highly suitable for a variety of commercial developments, subject to local zoning regulations. The community boasts low HOA fees and requires custom fencing post-construction, enhancing its exclusive character. Building specifications mandate a minimum of 2,500 square feet for single-story homes and 1,800 square feet on the first floor for two-story homes. Importantly, the lot is already prepared for construction with fill already in place, streamlining the building process. The asking price for this remarkable property is $205,000. This presents a rare chance to acquire a substantial commercial lot in a highly sought-after location. Serious inquiries are encouraged.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Malabar
- County
- Brevard
- State
- Florida
- Longitude
- -80.5903
- Latitude
- 27.9995