1080 S Highway 1 Malabar, FL
$ 495,000
Property Attributes
  • MLS#882186
  • TypeLand
  • CountyBREVARD
  • CityMalabar
  • AreaValkaria
  • Zip32950
  • StyleCommercial
  • Taxes$ 2251
  • Price$ 495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.26 Acres
Listing Provided Courtesy Of:
The Ullian Realty Corporation
Data Source:
Space Coast AOR - 230 - FL
Property Description

Multi-Family Development Opportunity in Malabar, FL. Subject property is 2.26 acres and is zoned for 9 Multi-Family units 'As Is' OR 13 Multi-Family units if water/sewer is brought to the property. Subject property is located on the Coquina Ridge which rises 45' +/- above the Indian River Lagoon providing exceptional views of the surrounding River & Atlantic Ocean. Located at the southern end of vibrant Brevard County. Brevard, commonly known as the 'Space Coast' is home to countless R&D, Hi-Tech & Engineering companies that support space exploration & the Department of Defense. These companies bring thousands of hi-tech (and high paying) employees to Brevard, many of whom live in the Malabar-Palm Bay-Melbourne metropolitan area.

Elementary School Middle School High School
Port Malabar Elementary School Stone Middle School Palm Bay High School
Price History
6/25/2021 Listed $670,000
10/6/2021 27% - $495,000

General Features

55+ Community No
Area 342 - Malabar/Grant-Valkaria
Elementary School Port Malabar
HOA None
High School Palm Bay
Legal/misc: Gated Community No
Lot Sqft 98445.00
Possible Financing Cash, Conventional, FHA, VA Loan
Property Status Standard
Schools: Middle School Stone
Showing Call Listing Office, Drive By Okay
Status Active
Subtype Commercial
Total Lots 2.00
Utilities Septic, Well Water
Zoning RLC

Interior Features

Bonus Room No

Exterior Features

Acreage 2.26
Front Faces E
Frontage Description US Highway
Land Use Commercial, Multi-Family, Single Family
Lot Description Buildable, Major Roadway, West of US1
Lot Dimensions 500 x 200
Road Surface Paved
Water Amenities Other - Call Agent


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32950

AVG $260K
AVG $372
AVG 71

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