1280 Highway 1, Malabar, FL 32950

Description

Prime mixed-use investment opportunity on Florida's Space Coast. Located at 1280 US Highway 1 in Malabar, this fully renovated 4,357 SF three-unit commercial property sits on 0.61 acres with 113' of high-visibility US-1 frontage and multiple income streams. Three flexible units support retail, office, medical, service, or restaurant use, including a medical-ready space with lead-lined X-ray room and strong restaurant conversion potential. Property features high-end finishes, updated systems, 13 paved parking spaces plus additional gravel parking, and a 110' x 20' concrete slab for expansion (buyer to verify). Unique indirect waterfront access includes a brand-new 450' dock with 16,000-lb boat lift. Major upgrades include full renovation (2025), flat roof (2024), metal roof (2017, sealed 2023), HVAC (2023/2017), and cast iron plumbing replacement. Seller financing available with first right of refusal on adjacent parcel.