$350,000 1250 S Highway 1 Malabar, FL

MLS: 861666   Type: Single Family   County: Brevard   City: Malabar   Area: Valkaria   Zip: 32950   Style: 2 Story     Stories: 2   Taxes: $5,263

Mortgage $1,643 /mo



Half Baths

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EXTREMELY MOTIVATED SELLER BRING ALL OFFERS, The potential is endless on this multifamily unit, currently zoned residential limited commercial with 5 income producing units, build up to 9 units on this amazing 2.25 acre lot right in front on Indian River. Route 1 motor sport just built a brand new store almost right next to it and many other residential and commercial development are projected for this area, Melbourne Beach just 10 min away, Palm Bay marina 5 min away, Palm Bay hospital 5 min away, Sebastian Inlet 20 min away,

Elementary School

Middle School

High School

Port Malabar
Distance: N/A Miles
Distance: N/A Miles
Palm Bay
Distance: 2.23 Miles

Price History

11/23/2019 Listed $350,000

Area 342 - Malabar/Grant-Valkaria
Construction Concrete Block, Frame - Wood
Legal/misc: 55+ Community No
Legal/misc: Gated Community No
Legal/misc: Home Warranty No
Legal/misc: Homestead No
Lot Sqft 97139.00
Parking Open Parking
Property Status Standard
Res Sub-type Single Family Detached
Showing See Agent Remarks
Status Active
Style 2 Story
Subdivision None
Waterfront No
Year Built 1916

Interior Features

Bonus Room No
Equipment/appliances Range - Electric, Refrigerator
Fireplace No
Flooring Ceramic Tile
Full Baths 2
Furnished Y/N None
Half Baths 0
Interior Features Ceiling Fan(s)
Split Bedroom No
SqFt - Living 3899.00
Utilities Well Water

Exterior Features

Acreage 2.23
Community Pool No
Exterior Finish Siding - Wood, Stucco
Front Door Faces E
Lot Description City
Pool - Private or Community No
Private Pool No
Roof Metal
Waterfront View Yes

Property Schools

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Gallery (15 photos)

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Property vs Zip Code Avg (32950)

Price 350K Avg 587K

Sqr Feet 3,899 Avg 2,680

Cost / Sqr Ft $90 Avg $219

Taxes $5,263 Avg $3,187

Acres 2.23 Avg 3.05

Visits 28 Avg 75

Days on Site 20 Avg 135

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Listing Provided Courtesy Of: RE/MAX Elite

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Location & Address

RE/MAX Elite
6022 Farcenda Place, Suite 101
Melbourne, Florida