1280 Us-1 Malabar, FL ^$ 1,500,000

1280 Us-1

^$ 1,500,000

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1280 Us-1

Malabar, FL, 32950

^$ 1,500,000

Studio Baths6.0 Sq 4,500

Monthly Estimate*

^$ 9,969

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Studio

Commercial Property for sale in Malabar, FL

for $1,500,000 with 6 full baths. This 4,500 square foot building was built in 1948 on a lot size of 0.61.

Prime location on US 1 in Malabar. This building features 3 units, large deck and 97ft of river frontage. Unit 1 is a large open office space with high ceilings, full kitchen, bath and laundry room. Unit 2 is large open area with 2 work stations, plus 2 private rooms, full bathroom. kitchen and dinette area. Unit 3 features a lobby, reception area, 2 private rooms and half bath. Units 2 and 3 are currently combined. Parking lot has 17 spaces.

Commercial Active

Price

^$ 1,500,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 4,445

Style

Business

Lot Size

0.61

Year Built

1948

Town/City

Malabar

County/Region

Brevard

MLS | Web ID

972777

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air

Possession Close Of Escrow

Roof Wood Truss/Raft

Security Features Smoke Detector(s)

Construction Materials Block

Year Built 1948

Property SubType Business

Tax Year 2022

Current Use Commercial

County Brevard

Property Type Commercial Sale

HOA / Comm Assn N

Attached Garage N

Subdivision Name None

Building Features Kitchen Facilities Laundry Lobby Meeting Room Office Reception Area Separate Office Area

Status Active

Directions US 1 just north of Malabar rd.

City Malabar

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 3

MLS Area 342 - Malabar/Grant-Valkaria

Lot Size Units Acres

Lot Size Square Feet 26571.6

Waterfront Y/N N

Street Name Us-1

Land Lease Y/N N

Tax Annual Amount 4445.86

Home Warranty Y/N N

Lease Renewal Y/N N

MLS Area Minor 342 - Malabar/Grant-Valkaria

Additional Parcels Y/N N

Lease Considered Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/spc/972777

Lease Type NNN

Standard Status Active

Legal Description PART OF LOT 2 & PT OF SE 1/4 OF NW 1/4 & PT OF NE 1/4 OF SW 1/4 S OF DB 295 PG 502 & N OF DB 287 PG 539 AS DES IN ORB 32

Interior

Flooring Tile

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Electric On Property Y/N N

Total Baths 6

Exterior

Parking Features Additional Parking On Street

Lot Features Few Trees Historic Area

Water Source Public

Inclusions {u'Building & Land': True}

Lot Size Area 0.61

Spa N

Lot Size Acres 0.61

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1280

* Excluded Features

List By

Re/Max Alternative Realty

Broker

khill@remax.net

Affordability Calculator

$10,340

Per Month

Monthly Principal & Interest: $9,969
Monthly Property Taxes: $370
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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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Nearby

Trends
Schools

Commerical listings in Malabar, FL

Average List Price ^$3,225,000

Percent of Sale Price 115%

About Malabar, FL

2,796 Population

14% Since 2002

^$65,374 Median Income

52.05 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1363035 Elementary School

1362897 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
4/24/2024	$1,500,000	-3.23%	Price Down
4/15/2024	$1,550,000	-3.13%	Price Down
2/22/2024	$1,600,000	-5.88%	Price Down
10/19/2023	$1,700,000	-5.56%	Price Down
8/17/2023	$1,800,000		Listed Price

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1280 Us-1, Malabar, FL, 32950 is a Commercial Property for sale at $1,500,000 with 4,500 sqft and a lot size of 0.61. 1280 Us-1 is a studio with 6.0 baths and was built in 1948. The property's zip code is 32950 which is in Malabar, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

The information displayed on this website comes in part from the Broker Reciprocity Program of Brevard County, Florida. Copyright 2006, the Multiple Listing Service of South Brevard County, Inc. and Space Coast Association of REALTORS®, Inc. All rights reserved.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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1280 Us-1

Commercial Property for sale in Malabar, FL

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