Views of Indian River Lagoon & Atlantic Ocean
1080 S. US Highway 1, Malabar, Florida 32950
Sold: $400,000
Property Details
Property Type
Land
Building Type
Freestanding
Land Size
2.26 acres
Sewer
Septic
Water
Well
Zoning
Residential Limited Commercial
Electric
FPL
Property Description
- Sale includes Brevard County Property Appraiser Account #'s: 2850946 & 2850948.
- Estimated 230' Frontage on US1 (Eastern Boundary).
- Estimated 520' Southern Boundary x 140' Western Boundary.
- Traffic Count Approximately 22,500 VPD on US Highway 1.
- R/LC Zoning: Office, Retail, Single Family Residential, Multi-Family & More!
- Mixed-Use Zoning Allows Commercial on Ground Floor & Residential Upstairs!
- Town of Malabar Allows up to 6 Residential Units Per Acre, to be confirmed by Buyer.
- Height Restrictions up to 35' or 3-Stories, to be confirmed by Buyer.
- 2022 Property Taxes were $3,322.53.
- Located on US1 in Malabar, FL which is at the southern end of vibrant Brevard County. Brevard, also knows as the 'Space Coast', is home to countless R&D and Engineering companies that support space exploration and the Department of Defense. These companies bring thousands of high paying employees to Brevard, many of whom live in the Malabar - Palm Bay - Melbourne area. Property is located on the Coquina Ridge which rises 45' above the Indian River and provides exceptional views of the River & Atlantic Ocean!