1250 S Highway 1 Malabar, FL, 32950
$ 600,000Bedrooms Baths6.0
for $600,000 with 6 full baths. This building was built in 1916 on a lot size of 2.23 Acre(s).
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 .
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
Construction Concrete Frame
Siding Aluminum Wood Exterior
Commercial Sale Includes Building & Land Sale Includes Fixture/Equip
Rental* Excluded Features
Tenant Pays Electric Water
List By Coldwell Banker Res. R.E.
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Commerical listings in Malabar, FL
Average List Price $606,667
Percent of Sale Price 1 %
About Malabar, FL
12 % Since 2002
$ 58,954 Median Income
51.15 Median Age
20 % Households with Children