1280 Highway 1, Malabar, FL 32950
Rare Highway 1 Investment Opportunity on Florida’s Space Coast
Marketing description
Public Remarks: Fully renovated 4,357 SF mixed-use commercial property on 0.61 acres with exceptional Highway 1 frontage and strong income potential. Features 3 separate units with flexible layouts ideal for retail, office, medical, service, or restaurant use. High-end upgrades include LVP flooring, stainless appliances, updated systems, and a medical-ready suite with lead-lined X-ray room. Property includes 15 paved parking spaces plus a 3,000 SF gravel parking area and a 110' x 20' concrete slab ready for future expansion. Waterfront amenities include a new 450' dock and 16,000-lb covered boat lift. Major improvements include metal roof (2017), flat roof (2024), HVAC (2023), and updated plumbing. Seller financing available. Includes first right of refusal on adjacent 0.82-acre parcel. Prime high-traffic location near growing residential developments and the Indian River Lagoon.
Investment highlights
🔹 Property Highlights ✅ 3 income-producing units – flexible for retail, office, or medical use ✅ High-end finishes: LVP flooring, stainless steel appliances, updated systems ✅ Lead-lined X-ray room – ideal for dental, imaging, or medical practice ✅ 110’ x 20’ concrete slab – ready for future building expansion ✅ 15 paved spaces + 3,000 SF gravel parking area ✅ Waterfront perks – new 450’ dock & 16,000-lb covered boat lift ✅ Metal roof (2017) • Flat roof (2024) • HVAC (2023) 📈 Value & Growth Potential • Expansion-ready with First Right of Refusal on adjacent 0.82-acre parcel • Seller financing available • 📍 Prime Location Advantage Exceptional exposure along U.S. Highway 1 with strong traffic counts, close proximity to major roadways, expanding residential developments, and the Indian River Lagoon. A rare blend of visibility, versatility, and long-term appreciation.
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