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MLS® ID: 824344

1250 S Highway 1

Malabar, Florida, 32950

$575,000 Active
  • 4695 SQFT
PRIME LOCATION REALESTATE!! Come see this income generating property zoned Residential/ Limited Commercial, located on a major highway with a view of the river!! There are currently 6 rental units on the property, but the zoning allows for up to 14 on this 2.23-acre location. The front building is currently utilized as a residence but was originally constructed as a store front that would be perfect for an Antique Store or a Coffee Shop with great exposure!! 5 of the 6 units are currently renting on a month to month basis, so the new owner can go many directions to maximize profits. OWNER FINANCING AVAILABLE, with a good portion down!!
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Listing courtesy of Coldwell Banker Res. R.E.

Amenities

  • Full baths
    0
  • Zip
    32950
  • Office name
    Coldwell Banker Res. R.E.
  • SQFT
    4695
  • Property type
    Residential Income
  • Zoning type
    R/LC
  • Elementary school
    Port Malabar
  • Junior high
    Stone
  • High school
    Palm Bay
  • Year built
    1916
  • Lot size
    2.23
  • Tax year
    2017
  • Agent name
    Neko A Shepherd
  • Tax amount
    $ 4447.91
  • Purchase Type
    Active
  • Price Range
    $500k-$600k
  • Square Feet Range
    4000-5000 sq ft.
  • Year Built Range
    1989 (and earlier)

Location

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