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$1,500,000
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Property Description
Great parcel of land including riverfront on US1 over 10 acres. Zoned R-LC, residential and limited commercial. Zoning allows up to 6 residential units per acre. Property does include apx 400 feet of river frontage and frontage on US1. Purchase for development or future investment!
Full Property Details
Full Property Details for 1860 Hwy 1
General
- Price: $1,500,000
- Taxes: $4,957 (2023)
- Status: Active
- Type: Vacant Land
- Source: BrevardCounty
- MLS ID: 1046582
- Updated: 11/21/2025
- Added to Site: 277 day(s) ago
Location
- Area: 342 - Malabar/Grant-Valkaria
- County: Brevard
- Subdivision: None
- Driving Directions: From Malabar, head south on US1.
School Information
- Elementary School: Port Malabar
- Middle School: Stone
- High School: Palm Bay
Utilities
- Sewer: Septic Tank, Unknown
- Water: None
- Utility Description: Electricity Available
Structural Information
- Current Bldg. Use: Commercial, Mixed Use, Multi-Family, Residential, Retail, Single Family, Unimproved
Lot Features
- Property View: River
- Lot Size (Acres): 10.53
- Lot Size (Sq. Ft.): 458,687
- Frontage: Highway
- Street/Road Desc.: Asphalt
- Lot Features: Many Trees
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Indian River
Financial Considerations
- Tax Amount: $4,957.21
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 29-38-06-00-00003.0-0000.00
Listed by Dale Sorensen Real Estate Inc.
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Schools
Schools serving 1860 Hwy 1
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Port Malabar Elementary School 301 Pioneer Avenue Northeast, Palm Bay, FL 32907 | PK-6 | 3.9 mi |
Palm Bay Magnet Senior High School 101 Pirate Lane, Melbourne, FL 32901 | 9-12 | 5.2 mi |
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901 | 7-8 | 5.4 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 1860 Hwy 1
Date
Details
Price
Change
Source
5/19/2025
Listed
$1,500,000
328.57%
MLS
12/27/2012
Sold
$350,000
—
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 1860 Hwy 1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,609
-1%
$363,760
—
2024
$5,684
10%
$363,760
13%
2023
$5,189
19%
$321,470
—
2021
$4,351
-12%
$321,470
—
2022
$4,957
14%
$321,470
-12%
2021
$4,351
-20%
$365,840
2%
2018
$5,445
—
$359,860
-2%
2019
$5,436
1%
$365,840
7%
2017
$5,361
-1%
$341,920
—
2016
$5,400
8%
$341,920
15%
2015
$5,000
-24%
$298,610
-24%
2014
$6,589
-2%
$391,950
—
2013
$6,724
—
$391,950
—
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 1860 Hwy 1
1860 Highway 1, Malabar, FL 32950 (MLS# 1046582) is a Vacant Land property with a lot size of 10.53 acres. 1860 Highway 1 is currently listed for $1,500,000 and was received on May 19, 2025. Want to learn more about 1860 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.

