$800,000
Malabar, FL 32950
MLS# 932483
Status: Closed
6 beds | 2 baths | 3413 sqft
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Property Description
This is a unique property on a large .61 acre lot with aprox. 94 feet of river frontage shoreline. The original building has been nicely updated making it ideal for any type of office setting; insurance, lending, real estate, marketing, medical offices, SO many best uses. The location has excellent frontage on busy US 1 with a traffic count of 35,000 cars DAILY! A beautiful boasting shoreline with riparian rights allowing for a private dock to be built is ready for your design. Zoned as Mixed Use Commercial creates endless opportunities as you could live on the property AND conduct your business out of it if you need. The 2008 add-on portion of the property could be built out and rented to another business tenant or even built out as an additional livable space. SO MANY IDEAS!
Details
Maps
Location, Tax, and Legal
Tax Account: 2850955
Parcel Number: 28-38-31-00-00262.0-0000.00
General County Location: South
Elementary School: Port Malabar
Middle School: Stone
High School: Palm Bay
Tax Annual Amount: 4714.25
Tax Year: 2021
Tax Legal Description: PART OF LOT 2 & PT OF SE 1/4 OF NW 1/4 & PT OF NE 1/4 OF SW 1/4 S OF DB 295 PG 502 & N OF DB 287 PG 539 AS DES IN ORB 32
Directions: From; US 1 traveling South: Property is on Right side of road before Malabar Road Intersection.
General Property Information
Bathrooms Half: 1
Living Area: 3398
Living Area Source: Other
Building Area Total: 3413
Lot Size Acres: 0.61
Lot Size Square Feet: 26572
Association YN: No
New Construction YN: No
Garage YN: No
Property Use: 12 / MIXED USE - COMMERCIAL PROPERTY
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: Yes
Water Body Name: Indian River
Land Site Description: RIVER ACCESS
Senior Community YN: No
Water Body Access YN: No
Direction Faces: South
Pool Private YN: No
List Price/SqFt: 267.8
Sold Price/SqFt: 235.43
Bedrooms Total: 6
Bathrooms Total: 2
Bathrooms Full: 1
Year Built: 1948
Remarks and Miscellaneous
Public Remarks: This is a unique property on a large .61 acre lot with aprox. 94 feet of river frontage shoreline. The original building has been nicely updated making it ideal for any type of office setting; insurance, lending, real estate, marketing, medical offices, SO many best uses. The location has excellent frontage on busy US 1 with a traffic count of 35,000 cars DAILY! A beautiful boasting shoreline with riparian rights allowing for a private dock to be built is ready for your design. Zoned as Mixed Use Commercial creates endless opportunities as you could live on the property AND conduct your business out of it if you need. The 2008 add-on portion of the property could be built out and rented to another business tenant or even built out as an additional livable space. SO MANY IDEAS!
Appliances
Dishwasher: 1
Electric Water Heater: 1
Refrigerator: 1
Water Softener Owned: 1
Closing Company Details
Closing Company Name: Prestige Title of Brevard
Closing Company Address: 5120 N, US-1 #103, Palm Shores, FL 32940
Construction Materials
Frame: 1
Stucco: 1
Wood Siding: 1
Cooling
Central Air: 1
Flooring
Tile: 1
Wood: 1
Heating
Central: 1
Interior Features
Breakfast Nook: 1
Primary Downstairs: 1
Skylight(s): 1
Split Bedrooms: 1
Walk-In Closet(s): 1
Legal Details
Permission Granted to Advertise: Yes
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Patio And Porch Features
Patio: 1
Porch: 1
Screened: 1
Pets Allowed
Yes: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Road Surface Type
Asphalt: 1
Roof
Metal: 1
Security Features
Security System Leased: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
View
River: 1
Water: 1
Water Source
Well: 1
Waterfront Features
River Front: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
No Sign: 1
Room Types
Bonus Room: 1
Library: 1
Living Room: 1
Office: 1
Contract Information
Current Price: $800,000
Original List Price: 910000
Sold Price: $800,000
Status: Closed
Listing Contract Date: 2022-04-19
Property Sub Type: Single Family Residence
Location Tax and Legal
Street Number: 1280
Street Name: Highway 1
County: Brevard
State: FL
Postal Code: 32950
MLS Area Major: 342 - Malabar/Grant-Valkaria
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2022-05-19T10:43:17Z
Major Change Type: Status Change
Status Change Timestamp: 2022-05-19
Purchase Contract Date: 2022-05-09
Close Date: 2022-05-18
Close Price: 800000
Property Features
Appliances: Dishwasher; Electric Water Heater; Refrigerator; Water Softener Owned
Construction Materials: Frame; Stucco; Wood Siding
Cooling: Central Air
Flooring: Tile; Wood
Heating: Central
Interior Features: Breakfast Nook; Primary Downstairs; Skylight(s); Split Bedrooms; Walk-In Closet(s)
Levels: One
Listing Terms: Cash; Conventional
Patio And Porch Features: Patio; Porch; Screened
Pets Allowed: Yes
Pool Features: None
Possession: Close Of Escrow
Road Surface Type: Asphalt
Roof: Metal
Security Features: Security System Leased
Sewer: Septic Tank
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; No Sign
Special Listing Conditions: Standard
Utilities: Cable Available
View: River; Water
Water Source: Well
Waterfront Features: River Front
Room Types: Bonus Room; Library; Living Room; Office
Listing Office: Portfolio Homes
Last Updated: June - 24 - 2026
Information is deemed to be reliable, but is not guaranteed.