1860 Highway 1, Malabar, FL 32950
1860 Highway 1, Malabar, FL 32950
1860 Highway 1, Malabar, FL 32950
1860 Highway 1, Malabar, FL 32950
1860 Highway 1, Malabar, FL 32950
1860 Highway 1, Malabar, FL 32950
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$ 1,500,000
Est. payment | /mo

10.53 Acres Lot


$ 1,500,000
Est. payment | /mo

10.53 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1078014

Annual Tax Amount $4,957

Tax Year 2023

Lot Size 10.530 Acres

Acres 10.53

Property Sub-Type Unimproved Land

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

Positioned along high-visibility US-1, this 10+ acre parcel offers a rare combination of acreage, river frontage, and flexible R-LC zoning for residential and limited commercial opportunities. With approximately 400 feet of Indian River frontage plus US-1 frontage, the property presents strong potential for future development, income-producing use, or long-term land banking. Current zoning allows up to 6 residential units per acre, creating possibilities for a thoughtful residential or mixed-use concept. Whether you are looking to develop now or secure a strategic waterfront corridor investment for the future, this parcel offers location, scale, and upside that are increasingly hard to find.

Location

State FL

County Brevard

Area 342 - Malabar/Grant-Valkaria

Direction From Malabar, head south on US1.

Body of Water Indian River

Exterior

Exterior Feature ExteriorFeatures

Utilities Available Electricity Available

Waterfront Description River Front

View River

Present Use Commercial,Mixed Use,Multi-Family,Residential,Retail,Single Family,Unimproved

Street Surface Asphalt

Road Frontage Highway

Garage No

Building

Lot Description Many Trees

Sewer Septic Tank, Unknown

Water None

Schools

Elementary Schools Port Malabar

High Schools Palm Bay

Others

Senior Community No

Tax ID 29-38-06-00-00003.0-0000.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.virtualtourcafe.com/mls/10006476

Space Coast Association of Realtors (Brevard MLS)
Listed by Dale Sorensen Real Estate Inc.
Austin Garner

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(321) 305-0276

austin@theburgmangroup.com

9304 Corvo Court, Melbourne,, Florida, 32940, USA

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1860 Highway 1