Business Up Front, Waterfront Living Out Back

You've heard the saying - business in the front, party in the back, Welcome to The Mullet Property, one of the most uniquely positioned mixed-use assets on Florida's Space Coast. Sitting directly on the Indian River with 83' of water frontage and premium US-1 visibility, this fully renovated 3,451 SF property delivers three distinct components under one roof - a Commercial Suite, a Flex Suite, and a Waterfront Residence - each with its own entrance, its own purpose and its own revenue potential.

The Commercial Suite | ~1,327 SF | Suite A

This is where business gets done. Positioned along high-traffic US-1 with excellent street visibility, the commercial component features multiple private office suites, ADA-accessible entry with ramp, separate electrical metering, fire-separated construction, update HVAC, renovated restrooms, luxury vinyl flooring, and 12 parking spaces in total. The flexible layout adapts seamlessly to medical, wellness, therapy, executive office, boutique retail, showroom, or professional services use. For an owner-user, this is your business address on one of Brevard County's most visible corridors. For an investor, this is your anchor tenant space in one of Florida's fastest-growing aerospace markets.

The Flex Suite | ~700 SF | Suite B

This is where the property gets interesting. Suite B is the wildcard that makes The Mullet Property truly stand apart - a 700 SF studio with its own private, entrance, full bath and laundry that can function in two completely different way depending on your vision.

Option 1- Independent Studio: Operate Suite B as a fully private, income producing unit. Think STR, executive crash pad, guest suite, wellness studio, or private office overflow. With its own entrance, bath and laundry, it functions entirely independently of the other units - a turnkey third revenue stream.

Option 2 - Expand the Residence: Connect Suite B directly into the Residential Suite and instantly gain an additional bedroom and bathroom, transforming the already generous residence into an even more expansive multigenerational or luxury owner-occupied retreat.

The ability to toggle between these two configurations - without construction- is an exceptionally rare and valuable feature. Buy it one way and operate it another, the flexibility is built in.

The Residence | ~2,124 SF | Suite C

Step into the back of the property and the energy shifts entirely. The fully renovated waterfront residential component offers a spacious open-concept coastal layout designed for elevated living directly on the Indian River. Highlights sprawling views of the Indian River, gourmet kitchen with quartz countertops, wood-look tile, impact windows and doors, primary bedroom & ensuite with walk in closet, and in-unit laundry room. Whether you envision executive housing, a luxury short-term rental, multigenerational living, or an owner-occupant lifestyle steps from their own business- this residence delivers something the market simply cannot replicate at this price point. And then there's the view. Panoramic Indian River water views, breathtaking sunrises, and direct sightlines to Kennedy Space Center mean your backyard doubles as a private rocket launch viewing deck for every SpaceX, Falcon Heavy, and NASA mission that lights up the sky.

The Riparian Parcel | 500 Linear Feet | The Coastal Backyard

Included in this sale is a separate riparian rights parcel extending 500 feet into the Indian River- from the seawall east - and along the 83 feet of river frontage. The boating, fishing, and waterfront lifestyle potential is extraordinary, and the long-term redevelopment upside under Shoreline Mixed Use (SMU) zoning adds yet another layer to an already compelling investment thesis.

The Investment Case

Three components. Endless configurations. One address. Commercial Suite, Flex Suite, and Waterfront Residence - each capable of generating independent income, or working together as a seamless owner-user compound. The property's Commercial/ Residential / Office zoning and SMU designation allow for a broad range of uses, making this asset highly resilient and adaptable as the Space Coast continues its explosive growth trajectory driven by Kennedy Space Center, Space X, Blue Origin, and Port Canaveral. Listing tems include Cash, Conventional, and Owner May Carry.

Business up front. Flexibility in the middle. Waterfront living out back. The Mullet Property is ready for its next chapter.