1280 Highway 1, Malabar, FL 32950

Description

Exceptional investment opportunity on Hwy 1 in Malabar! Renovation complete early 2025. This 4,357 SF multi-unit mixed-use property sits on .61 acres with 113' of high-visibility frontage. Modern finishes include LVP flooring & stainless appliances. Recent upgrades: metal roof (2017), flat roof (2024), HVACs (2023 & 2017), all cast iron replaced. Middle unit ideal for dental/medical use with lead-lined x-ray room. Property features a 110'x20' concrete slab (ready for 20'x60' aluminum building, deposit paid), storage container, water softener & 50-gal icemaker. Indirect waterfront with 130' river frontage zoned Coastal Restoration includes new 450' dock, covered 16,000-lb lift & direct river access. Septic pumped 2022. Strong income potential with owner/user flexibility plus first right of refusal on adjacent .82-acre parcel. Seller financing available.