1250 S Highway 1 Malabar, FL 32950

$600,000
1250 S Highway 1, Malabar, FL 32950
818556

Commercial Property for sale in Malabar, FL

for $600,000 with 6 full baths. This building was built in 1916 on a lot size of 2.23 Acre(s).

Property Information

  • $600,000
  • 6 Full Baths
  • Commercial
  • Taxes are $4,448
  • Multi Family
  • Active
  • 2 Floors
  • Lot size of 2.23 Acre(s)
  • Built in 1916
  • Malabar, FL
  • Brevard County
  • MLS/Web ID is 818556

Description

PRIME LOCATION REALESTATE!! Come see this income generating property zoned Residential/ Limited Commercial, located on a major highway with a view of the river!! There are currently 6 rental units on the property, but the zoning allows for up to 14 on this 2.23-acre location. The front building is currently utilized as a residence but was originally constructed as a store front that would be perfect for an Antique Store or a Coffee Shop with great exposure!! 5 of the 6 units are currently renting on a month to month basis, so the new owner can go many directions to maximize profits. OWNER FINANCING AVAILABLE, with a good portion down!! For more information contact Neko at .

Interior 5

Cooling System

  • Ceiling Fan(s)
  • Other
  • Window Unit(s)

Flooring

  • Tile Flooring
  • Vinyl Flooring
  • Wood Floors

Interior

  • Drywall Ceiling

Sewer

  • Septic System

Water Source

  • Well

Exterior 3

Construction

  • Concrete
  • Frame

Roof

  • Metal

Siding

  • Aluminum
  • Wood Exterior

Miscellaneous 2

Commercial

  • Sale Includes Building & Land
  • Sale Includes Fixture/Equip

Location

  • Other

Rental 1

Tenant Pays

  • Electric
  • Water

† Excluded Feature

Listed By

Broker: COLDWELL BANKER RES. R.E.

1250 S Highway 1 , Malabar, FL, 32950 is a Commercial Property for sale at $600,000 with a lot size of 2.23 Acre(s). 1250 S Highway 1 has 6.0 baths and was built in 1916. The property's zip code is 32950 which is in Malabar, FL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Malabar $354,655 41 % below $296,867 51 % below
Commerical listings in Malabar $548,750 9 % below $487,500 19 % below

Get the facts about Malabar, FL!

Population 2,758
Population Growth (since 2000) 12 %
Median Income $58,954
Median Age 51.15
Households w/ Children 20 %

Residential Dwellings

  • Owned 951
  • Vacant 103
  • Rented 170

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363