1860 Highway 1 Malabar, FL 32950
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 1860 Highway 1
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional 10.53-acre property located at 1860 Highway 1, Malabar, Florida, 32950, is offered at $1,300,000. The expansive lot boasts 458,687 square feet of land, including desirable riverfront acreage along the Indian River. Zoned Residential Limited Commercial (R-CL), this versatile property presents a unique opportunity for mixed-use development. Its prime location on US Highway 1 ensures high visibility and accessibility, benefiting from over 14,000 vehicles passing daily. The R-CL zoning allows for a variety of commercial and residential uses, making it an attractive investment for both short-term and long-term projects. This property offers a blank canvas for developers seeking a high-traffic location with waterfront appeal in Brevard County. The combination of size, zoning, and location makes this a rare opportunity to create a thriving commercial or residential development. The property's potential is further enhanced by its serene waterfront setting, offering a unique blend of commercial viability and natural beauty. Don't miss this chance to acquire a significant piece of land in a highly sought-after area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Malabar
- County
- Brevard
- State
- Florida
- Longitude
- -80.5583
- Latitude
- 27.9947
