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$2,000,000 -$250,000 (-11.11%) Price Reduced

  • For Sale
  • Active
  • Commercial
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Prime mixed-use investment on Florida's Space Coast. Located at 1280 Highway 1 in Malabar, this fully renovated 4,357 SF, three-unit commercial property sits on 0.61 acres with 113' of high-visibility U.S. Highway 1 frontage and multiple income streams. The three flexible units support retail, office, medical, service, or restaurant use, including a medical-ready space with a lead-lined X-ray room and strong restaurant conversion potential. Property features high-end finishes, ample parking with 13 paved spaces plus additional gravel parking, and a 110' x 20' concrete slab for expansion. Unique waterfront amenity includes indirect access with a brand-new 450' dock and 16,000-lb boat lift. Major upgrades include full renovation (2025), flat roof (2024), metal roof (2017, recapped and sealed in 2023), HVAC (2023/2017), and full cast iron plumbing replacement. Seller financing available with first right of refusal on ad

Full Property Details for 1280 Hwy 1

General

  • Price: $2,000,000
  • Taxes: $10,639 (2025)
  • Status: Active
  • Type: Commercial
  • Source: BrevardCounty
  • MLS ID: 1058133
  • Updated: 2/26/2026
  • Added to Site: 153 day(s) ago

Rental Information

  • Complex Features: Kitchen Facilities, Laundry, Lobby, Lounge, Manager on Premise, Office, Outside Storage, Rear Access, Separate Office Area

Interior

  • Flooring: Laminate, Tile, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3

Parking

  • Parking Features: Additional Parking, Assigned, Parking Lot, Varies by Unit

Location

  • Area: 342 - Malabar/Grant-Valkaria
  • County: Brevard
  • Subdivision: None
  • Driving Directions: Heading eastbound on Malabar Rd, take Highway 1 Northbound, Property is the second one on the West side of Highway 1.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air, Electric, Multi Units
  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Private, Well
  • Well: Yes
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Sewer Not Available, Water Connected

Structural Information

  • Exterior Const.: Concrete, Frame, Stucco
  • Roof: Metal, Wood Truss/Raft
  • Stories/Levels: 1
  • Square Feet: 4,357
  • Sq. Ft. Source: Measured
  • Living Area: 4,357 Sq. Ft.
  • Current Bldg. Use: Commercial, Mixed Use, Office, Retail
  • Year Built: 1948

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.61
  • Lot Size (Sq. Ft.): 26,571.6
  • Frontage: Highway
  • Lot Features: Cleared

Water Features

  • Water Front: Yes
  • Water Front Name: Indian River

Financial Considerations

  • Price Per Sq. Ft.: $459.03
  • Tax Amount: $10,639.95
  • Tax Year: 2025
  • Terms: Cash, Conventional, Private Financing Available, Other
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Repairs, Roof Maintenance, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Insurance, Janitorial Service, Pest Control, Security, Taxes, Telephone, All Utilities

Disclosures and Reports

  • Property ID: 28-38-31-00-00262.0-0000.00

Listed by EXP Realty, LLC

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Listing agent

— 1280 Hwy 1 —

  • EXP Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1280 Hwy 1

School District:Brevard County School District
NameGradesDistance
Port Malabar Elementary School
301 Pioneer Avenue Northeast, Palm Bay, FL 32907
PK-63.4 mi
Palm Bay Magnet Senior High School
101 Pirate Lane, Melbourne, FL 32901
9-124.4 mi
Stone Magnet Middle School
1101 East University Boulevard, Melbourne, FL 32901
7-84.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1280 Hwy 1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/26/2026
Price Reduced
$2,000,000
-11.11%
MLS
10/30/2025
Price Reduced
$2,250,000
-6.25%
MLS
9/26/2025
Listed
$2,400,000
200%
MLS
5/17/2022
Sold
$800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1280 Hwy 1

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,360
-4%
$671,830
—
2024
$10,771
3%
$669,330
4%
2023
$10,485
136%
$643,000
8%
2022
$4,446
-6%
$593,000
90%
2021
$4,714
—
$312,460
2%
2021
$4,714
3%
$306,470
4%
2019
$4,585
94%
$294,120
66%
2018
$2,364
-14%
$176,790
-10%
2017
$2,735
—
$196,520
1%
2016
$2,744
2%
$194,090
5%
2015
$2,685
—
$184,160
—
2014
$2,693
-6%
$183,310
-4%
2013
$2,869
—
$190,580
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1280 Hwy 1

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by EXP Realty, LLC

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1280 Highway 1, Malabar, FL 32950 (MLS# 1058133) is a Commercial property. 1280 Highway 1 is currently listed for $2,000,000 and was received on September 26, 2025. Want to learn more about 1280 Highway 1? Do you have questions about finding other Commercial real estate for sale in Malabar? You can browse all Malabar real estate or contact a Coldwell Banker agent to request more information.

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