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1280 Us-1, Malabar, FL 32950
$1,500,000 -$50,000 (-3.23%) Price Reduced
1280 Us-1, Malabar, FL 32950View this property at 1280 Us-1, Malabar, FL 32950
1280 Us-1MalabarFL32950
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Property Description
Prime location on US 1 in Malabar. This building features 3 units, large deck and 97ft of river frontage. Unit 1 is a large open office space with high ceilings, full kitchen, bath and laundry room. Unit 2 is large open area with 2 work stations, plus 2 private rooms, full bathroom. kitchen and dinette area. Unit 3 features a lobby, reception area, 2 private rooms and half bath. Units 2 and 3 are currently combined. Parking lot has 17 spaces.
Full Property Details
Full Property Details for 1280 US-1
General
- Price: $1,500,000
- Taxes: $4,445 (2022)
- Status: Active
- Type: Business
- MLS ID: 972777
- Updated: 4/24/2024
- Added to Site: 256 day(s) ago
Rental Information
- Complex Features: Kitchen Facilities, Laundry, Lobby, Meeting Room, Office, Reception Area, Separate Office Area
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 6
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Parking Features: Additional Parking, On Street
Location
- Area: 342 - Malabar/Grant-Valkaria
- County: Brevard
- Subdivision: None
- Driving Directions: US 1 just north of Malabar rd.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Block
- Roof: Wood Truss/Raft
- Square Feet: 4,500
- Sq. Ft. Source: Other
- Living Area: 4,500 Sq. Ft.
- Current Bldg. Use: Commercial
- Year Built: 1948
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.61
- Lot Size (Sq. Ft.): 26,571.6
- Lot Features: Few Trees, Historic Area
Financial Considerations
- Price Per Sq. Ft.: $333.33
- Tax Amount: $4,445.86
- Tax Year: 2022
- Terms: Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Easement(s)
- Legal Description: PART OF LOT 2 & PT OF SE 1/4 OF NW 1/4 & PT OF NE 1/4 OF SW 1/4 S OF DB 295 PG 502 & N OF DB 287 PG 539 AS DES IN ORB 32
- Property ID: 28-38-31-00-00262.0-0000.00
Listed by RE/MAX Alternative Realty
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Schools
Schools serving 1280 US-1
School District:Brevard Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
301 Pioneer Ave Ne, Palm Bay, FL 32907 | PK-6 | 3.3 mi | |
1101 E University Blvd, Melbourne, FL 32901 | 7-8 | 4.6 mi | |
101 Pirate Ln, Melbourne, FL 32901 | 9-12 | 4.4 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 1280 US-1
Date
Details
Price
Change
Source
4/24/2024
Price Reduced
$1,500,000
-3.23%
MLS
4/15/2024
Price Reduced
$1,550,000
-3.12%
MLS
2/22/2024
Price Reduced
$1,600,000
-5.88%
MLS
8/17/2023
Listed
$1,700,000
112.5%
MLS
5/17/2022
Sold
$800,000
—
Public Record
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
Tax History for 1280 US-1
Year
Property Taxes
Change
Tax Assessment
Change
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
—
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
Estimate the Cost for 1280 US-1
1280 Us-1, Malabar, FL 32950 (MLS# 972777) is a Business property. 1280 Us-1 is currently listed for $1,500,000 and was received on August 17, 2023. Want to learn more about 1280 Us-1? Do you have questions about finding other Business real estate for sale in Malabar? You can browse all Malabar real estate or contact a Coldwell Banker agent to request more information.