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1080 S US Highway 1
Malabar, FL 32950
Views of Indian River Lagoon & Atlantic Ocean · Land For Sale · 2.26 AC

INVESTMENT HIGHLIGHTS

  • Can Build 9 Multi-Family Units 'As Is' per Town of Malabar
  • Located on the Coquina Ridge which rises 45' above the Indian River and provides exceptional views of the River & Atlantic Ocean
  • Can Build 13 Multi-Family Units if Water/Sewer is brought to property per Town of Malabar
  • Approximately 154' Frontage on US1

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Restaurant
  • Single Family Development
Total Lot Size 2.26 AC
Zoning R/LC - Town of Malabar Residential Limited Commercial (R/LC): Mixed-Use Zoning that allows Office, Retail, Single Family Residential, Multi-Family & More!

DESCRIPTION

Property is located on US1 in Malabar, FL which is 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. Subject property is located on the Coquina Ridge which rises 45' above the Indian River and provides exceptional views of the River & Atlantic Ocean and is waiting to be developed!!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 28-38-31-00-00255.0-0000.00
  • 28-38-31-00-00253.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$226,400
  • Listing ID: 20540749

  • Date on Market: 8/6/2020

  • Last Updated:

  • Address: 1080 S US Highway 1, Malabar, FL 32950

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