1860 Highway 1Malabar, FL 32950

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.

Property Information

Property type

Land

Sub-type

Unimproved Land

Lot size

10.53 acres

Days on market

164

MLS^® Listing#

1078014

Property Features

Lot features

Wooded · Many Trees · Waterfront

Utilities

Electricity Available

Sewer

Septic Tank · Unknown

Water source

None

Schools

Elementary

Port Malabar

Middle

Stone

High

Palm Bay

Financial Details

Annual taxes

$4,957Tax year 2023

Parcel number

29-38-06-00-00003.0-0000.00