1490 Marie Street, Malabar, FL 32950
$985,000
Property Type:
Commercial Sale
Square Footage:
8,206
Lot Size (sq. ft.):
109,771
Status:
Closed
Current Price:
$985,000
List Date:
5/02/2023
Last Modified:
8/01/2025
Description
Currently a luxury wedding/event venue and originally built as a school in 1927, this historic property has been used for many purposes since then. Fully renovated but retaining classical architecture & eclectic spaces that balance the vintage elements with modern conveniences. Stunning chandeliers, handcrafted floors, restored vintage floor to ceiling windows, and sweeping scenic views all reflect the property's elegant beauty. The graceful charm throughout sets the tone for endless possibilities. All the inventory to host understated to the most extravagant weddings is included! Ready to continue on as a venue with multiple active bookings or be converted to a BNB, residential, office space, retail or mixed
More Information MLS# 956331
Location, Tax, and Legal
Tax Account: 2846306
Parcel Number: 28-37-36-00-00753.0-0000.00
General County Location: South
Tax Annual Amount: 5341.21
Tax Year: 2020
Tax Legal Description: PART OF S 1/2 OF NE 1/4 OF SE 1/4 AS DESC IN ORB 3165 PG 4577 EXC ORB 3307 PG 1533
Directions: Take exit 173 from 1-95, turn left and follow Malabar Rd SE for 3.6 miles. Turn left on Marie St. Property is on the left. From US 1 go West on Malabar, turn right on Marie St. Property is on the left
General Property Information
Number Of Units Total: 1
Stories Total: 2
Building Area Total: 8206
Lot Size Acres: 2.52
Association YN: No
Property Use: C-RECREATION HALL (3220)
Water Body Access YN: No
Waterfront YN: No
Use Code: 12 / COMMERCIAL, MIXED USE
List Price/SqFt: 140.14
Sold Price/SqFt: 120.03
Year Built: 1927
Remarks and Miscellaneous
Public Remarks: Currently a luxury wedding/event venue and originally built as a school in 1927, this historic property has been used for many purposes since then. Fully renovated but retaining classical architecture & eclectic spaces that balance the vintage elements with modern conveniences. Stunning chandeliers, handcrafted floors, restored vintage floor to ceiling windows, and sweeping scenic views all reflect the property's elegant beauty. The graceful charm throughout sets the tone for endless possibilities. All the inventory to host understated to the most extravagant weddings is included! Ready to continue on as a venue with multiple active bookings or be converted to a BNB, residential, office space, retail or mixed
Construction Materials
Concrete: 1
Frame: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Wall/Window Unit(s): 1
Current Use
Commercial: 1
Electric
100 Amp Service: 1
220 Volts: 1
Flooring
Carpet: 1
Wood: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Roof
Rolled/Hot Mop: 1
Security Features
Smoke Detector(s): 1
Special Listing Conditions
Owner Licensed RE: 1
Utilities
Cable Available: 1
Water Source
Well: 1
Showing Requirements
Appointment Only: 1
Showing Service: 1
Building Features
Clear Ceiling Height: 8056
Sale Includes
Building & Land: 1
Business with Real Estate: 1
Furniture, Fixtures and Equipment: 1
Historical Information
Public Historical Remarks 3: Utilities-3-Phase Electric: Y, Legal/Misc-Home Warranty: No
Contract Information
Current Price: $985,000
Original List Price: 1150000
Sold Price: $985,000
Status: Closed
Listing Contract Date: 2023-02-02
Property Sub Type: Business
Location Tax and Legal
Street Number: 1490
Street Name: Marie
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32950
MLS Area Major: 342 - Malabar/Grant-Valkaria
Status Change Information
Major Change Timestamp: 2023-08-15T13:50:42Z
Major Change Type: Status Change
Status Change Timestamp: 2023-08-15
Purchase Contract Date: 2023-05-23
Close Date: 2023-08-14
Close Price: 985000
Property Features
Construction Materials: Concrete; Frame
Cooling: Ceiling Fan(s); Central Air; Wall/Window Unit(s)
Current Use: Commercial
Electric: 100 Amp Service; 220 Volts
Flooring: Carpet; Wood
Heating: Central; Electric
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Roof: Rolled/Hot Mop
Sale Includes: Building & Land; Business with Real Estate; Furniture, Fixtures and Equipment
Security Features: Smoke Detector(s)
Showing Requirements: Appointment Only; Showing Service
Special Listing Conditions: Owner Licensed RE
Utilities: Cable Available
Water Source: Well
Listing Office:
Portfolio Homes
Last Updated: August - 01 - 2025
Information is deemed to be reliable, but is not guaranteed.