1280 Highway 1, Malabar, FL 32950

$1,500,000

Property Type: Commercial Sale Baths: 2.5 Square Footage: 4,357 Lot Size (sq. ft.): 26,572 Status: Active

Current Price: $1,500,000 List Date: 9/26/2025 Last Modified: 8/14/2026

Overview

Description

Fully renovated 4,357 SF mixed-use commercial property on 0.61 acres with exceptional Highway 1 frontage and strong income potential. Features 3 separate units with flexible layouts ideal for retail, office, medical, service, or restaurant use. High-end upgrades include LVP flooring, stainless appliances, updated systems, and a medical-ready suite with lead-lined X-ray room. Property includes 15 paved parking spaces plus a 3,000 SF gravel parking area and a 110' x 20' concrete slab ready for future expansion. Waterfront amenities include a new 450' dock and 16,000-lb covered boat lift. Major improvements include metal roof (2017), flat roof (2024), HVAC (2023), and updated plumbing. Seller financing available. Includes first right of refusal on adjacent 0.82-acre parcel. Prime high-traffic location near growing residential developments and the Indian River Lagoon.

Listing Details MLS# 1058133

General Property Information

Number Of Units Total: 3
Stories Total: Yes
Bathrooms Total: 2.5
Building Area Total: 4357
Building Area Source: Measured
Year Built: 1948
Lot Size Acres: 0.61
Land Lease YN: No
Association YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Water Body Name: Indian River
Water Frontage Feet: 130
Senior Community YN: No
List Price/SqFt: 344.27

Property Features

Building Features: Kitchen Facilities; Laundry; Lobby; Lounge; Manager on Premise; Office; Outside Storage; Rear Access; Separate Office Area Ceiling Type: Drywall; Height Varies Construction Materials: Concrete; Frame; Stucco Cooling: Ceiling Fan(s); Central Air; Electric; Multi Units Current Use: Commercial; Mixed Use; Office; Retail Existing Lease Type: NNN Flooring: Laminate; Tile; Vinyl; Wood Heating: Central; Electric Listing Terms: Cash; Conventional; Private Financing Available; Other Lot Features: Cleared Operating Expense Includes: Insurance; New Tax; Security; Trash; Water/Sewer Owner Pays: Common Area Maintenance; Exterior Maintenance; Repairs; Roof Maintenance; Trash Collection; Water Parking Features: Additional Parking; Assigned; Parking Lot; Varies by Unit Possession: Close Of Escrow Water Body Access Type: Navigable; Owned Road Frontage Type: Highway Roof: Metal; Wood Truss/Raft Sale Includes: Building & Land Sewer: Septic Tank Showing Requirements: Appointment Only; Showing Service; Other Tenant Pays: All Utilities; Cable TV; Electricity; Insurance; Janitorial Service; Pest Control; Security; Taxes; Telephone Utilities: Cable Available; Electricity Connected; Sewer Not Available; Water Connected Water Source: Private; Well Waterfront Features: Intracoastal; Navigable Water; River Access; River Front; Seawall

Contract Information

Original List Price: 2400000
Listing Contract Date: 2025-09-26
Start Showing Date: 2025-09-26
Property Sub Type: Mixed Use
Comp Sale YN: No

Location Tax and Legal

Street Number: 1280
Street Name: Highway 1
County: Brevard
State: FL
Postal Code: 32950
MLS Area Major: 342 - Malabar/Grant-Valkaria
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: Fully renovated 4,357 SF mixed-use commercial property on 0.61 acres with exceptional Highway 1 frontage and strong income potential. Features 3 separate units with flexible layouts ideal for retail, office, medical, service, or restaurant use. High-end upgrades include LVP flooring, stainless appliances, updated systems, and a medical-ready suite with lead-lined X-ray room. Property includes 15 paved parking spaces plus a 3,000 SF gravel parking area and a 110' x 20' concrete slab ready for future expansion. Waterfront amenities include a new 450' dock and 16,000-lb covered boat lift. Major improvements include metal roof (2017), flat roof (2024), HVAC (2023), and updated plumbing. Seller financing available. Includes first right of refusal on adjacent 0.82-acre parcel. Prime high-traffic location near growing residential developments and the Indian River Lagoon.

Status Change Information

Major Change Timestamp: 2026-07-01T15:21:11Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-01T15:21:11Z
Status Change Timestamp: 2025-09-26

More Information

Unit 1 Details

Unit ID: Unit A
Annual Rent: 28800
Unit SqFt: 1140
# Units (This Type): Yes
Furnished: Negotiable
Unit Remarks: 3 Offices, Lobby, Half Bath, 10 Parking Spaces

Unit 2 Details

Unit ID: Unit B
Annual Rent: 57600
Unit SqFt: 2258
# Units (This Type): Yes
Furnished: Negotiable
Unit Remarks: 2 Open Offices, 2 Closed Offices, Full Bath, Kitch

Unit 3 Details

Unit ID: Unit C
Annual Rent: 24000
Unit SqFt: 959
# Units (This Type): 2
Furnished: Negotiable
Unit Remarks: Oversized Studio Apartment/ Office

Listing Office: EXP Realty, LLC

Last Updated: August - 14 - 2026

Information is deemed to be reliable, but is not guaranteed.