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1080 S Highway 1, Malabar, FL 32950
$400,000
1080 S Highway 1, Malabar, FL 32950View this property at 1080 S Highway 1, Malabar, FL 32950
1080 S Highway 1MalabarFL32950
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Property Description
Excellent opportunity to purchase +/- 2.26 acres of mixed-use land in Malabar, FL! Property has estimated 230' frontage on US1 (eastern boundary) x 520' depth (southern boundary) x 140' (western boundary). Traffic count is estimated 22,500 VPD on US1. Zoning is Town of Malabar Residential Limited Commercial (R/LC) which allows Office, Retail, Single Family Residential, Multi-Family & More! Per Town of Malabar: residential height restrictions are 35' or 3-stories, and up to 6 residential units per acre. Property is located on the Coquina Ridge, which rises 45' above the Indian River and provides exceptional views of both the River & Atlantic Ocean.
Full Property Details
Full Property Details for 1080 S Hwy 1
General
- Sold For: $400,000
- Taxes: $3,323 (2022)
- Status: Closed
- Type: Vacant Land
- MLS ID: 963117
- Added to Site: 373 day(s) ago
Location
- Area: 342 - Malabar/Grant-Valkaria
- County: Brevard
- Subdivision: None
- Driving Directions: Located on the west side of US1, less than half a mile north of Malabar Road.
- Total Lots Available: 2
School Information
- Elementary School: Port Malabar
- Middle School: Stone
- High School: Palm Bay
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
Structural Information
- Current Bldg. Use: Commercial, Mixed Use, Multi-Family, Single Family
Lot Features
- Lot Size (Acres): 2.26
- Lot Size (Sq. Ft.): 98,445
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $3,323
- Tax Year: 2022
- Terms: Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
- Legal Description: PART OF NW 1/4 AS DES IN DB 327 389 EX ORB 885 PG 276, 1465 PG 386
- Property ID: 28-38-31-00-00253.0-0000.00
Listed and Sold by The Ullian Realty Corporation
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Schools
Schools serving 1080 S Hwy 1
School District:Brevard Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
301 Pioneer Ave Ne, Palm Bay, FL 32907 | PK-6 | 3.2 mi | |
1101 E University Blvd, Melbourne, FL 32901 | 7-8 | 4.3 mi | |
101 Pirate Ln, Melbourne, FL 32901 | 9-12 | 4.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1080 S Hwy 1
Date
Details
Price
Change
Source
1/09/2024
Sold
$400,000
-19.19%
MLS
4/22/2023
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1080 S Highway 1, Malabar, FL 32950 (MLS# 963117) is a Vacant Land property that was sold at $400,000 on January 09, 2024. Want to learn more about 1080 S Highway 1? Do you have questions about finding other Vacant Land real estate for sale in Malabar? You can browse all Malabar real estate or contact a Coldwell Banker agent to request more information.