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1790 Us-1Malabar, FL 32950

Part of Govt Lot 1 As Des In Db · Brevard County

$674,900List price
1.07Acre lot
5 days agoOn market

Description

Rare Indian River waterfront opportunity in Malabar! Situated on approximately 1.07 acres along US Highway 1, this unique vacant parcel offers a combination of waterfront setting, highway visibility, and flexible Residential/Limited Commercial (R/LC) zoning. The R/LC designation provides potential for residential, multifamily, limited commercial, or mixed-use development, subject to Town of Malabar approval and applicable development requirements. With approximately 46,600 square feet of land, this property offers an exceptional opportunity for an owner-user, investor, or developer seeking a distinctive site along the Indian River corridor. Potential concepts may include residential development, multifamily use, neighborhood-scale commercial use, or a combination of residential and limited commercial uses. Conveniently located on US-1 in Malabar with easy access to Palm Bay, Melbourne, Grant-Valkaria, and surrounding communities. Bring your vision and explore the possibilities of this unique Space Coast waterfront property.

Property Information

Property type
Land
Sub-type
Unimproved Land
Lot size
1.07 acres
Days on market
5
MLS® Listing#
1088776

Property Features

Lot features
Few Trees · Other · Waterfront
Utilities
Electricity Available · Water Not Available
Sewer
Septic Tank
Water source
Private · Well

Schools

Elementary
Port Malabar
Middle
Stone
High
Palm Bay

Financial Details

Annual taxes
$2,290Tax year 2025
Parcel number
29380600000020000000

Listing Courtesy: Space Coast Realty Corp. - 3217233000

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