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1256 S Highway 1, Malabar, FL – $400,000

  • $400k Price
  • 3,899 Sqft
  • 2.23 Acres
  • 23 DOM
  • $400k Price
  • 3,899 Sqft
  • 2.23 Acres
  • 23 DOM

1256 S Highway 1

HUGE PRICE REDUCTION. The potential is endless on this multifamily unit, currently zoned limited commercial with 2 income producing units, build up to 9 units on this amazing 2.25 acre lot right in front on Indian River. Route 1 motor sport just built a brand new store almost right next to it and many other residential and commercial development are projected for this area, Melbourne Beach just 10 min away, Palm Bay marina 5 min away, Palm Bay hospital 5 min away, Sebastian Inlet 20 min away, grab it before is too late.

Essential Information

  • MLS® #851489
  • Price$400,000
  • Bathrooms0.00
  • Square Footage3,899
  • Acres2.23
  • Year Built1916
  • TypeCommercial/Industrial
  • Sub-TypeMulti-Family
  • StatusActive

Community Information

  • Address1256 S Highway 1
  • Area342 - Malabar/Grant-Valkaria
  • CityMalabar
  • StateFL
  • Zip Code32950

Amenities

  • UtilitiesPublic Water

Interior

  • InteriorWood
  • HeatingCentral, Electric
  • CoolingElectric

Exterior

  • RoofMetal

Additional Information

  • HOA Fees0.00

Listing Details

  • OfficeRE/MAX Elite
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The information being provided by the Space Coast Association of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.