HOMES BY DARCI
Southern Key Realty
1860 Highway 1 Malabar FL 32950
Waterfront
Address
1860 Highway 1, Malabar, FL
Price
$ 1,500,000
Property Attributes
- MLS#1078014
- TypeLand
- Listing Status Active
- CountyBrevard
- CityMalabar
- AreaMalabar-Grant-Valkaria
- Zip32950
- StyleUnimproved Land
- Taxes$ 4957
- Price$ 1,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size10.53 Acres
Data Source:
Space Coast AOR
Property 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Port Malabar Elementary School | Stone Middle School | Palm Bay High School |
| Price History | |
|---|---|
| 5/22/2026 | Listed $1,500,000 |
General Features
| Sewer | Septic Tank,Unknown |
|---|---|
| Utilities | Electricity Available |
| Possession | Close Of Escrow |
| View | River |
| Property Subtype | Unimproved Land |
| Tax Year | 2023 |
| Current Use | Commercial,Mixed Use,Multi-Family,Residential,Retail,Single Family,Unimproved |
| Waterfront Features | River Front |
| County | Brevard |
| Property Type | Land |
| Subdivision Name | None |
| Status | Active |
| Directions | From Malabar, head south on US1. |
| High School | Palm Bay |
| City | Malabar |
| Body of Water | Indian River |
| MLS Area | 342 - Malabar/Grant-Valkaria |
| Lot Size Units | Acres |
| Lot Size Square Feet | 458687 |
| Elementary School | Port Malabar |
| Tax Annual Amount | 4957.21 |
| Middle/Junior High School | Stone |
| MLS Area Minor | 342 - Malabar/Grant-Valkaria |
| Virtual Tour | https://www.virtualtourcafe.com/mls/10006476 |
| Standard Status | Active |
| Legal Description | PART OF GOVT LOT 1 AS DESC IN ORB 3496 PG 4745 EXC ORB 7185 PG 1297 PAR 4 |
Exterior Features
| Lot Features | Many Trees |
|---|---|
| Water Source | None |
| Lot Size Area | 10.53 |
| Lot Size Acres | 10.53 |
| Road Surface Type | Asphalt |
| Waterfront Y/N | true |
| Road Frontage Type | Highway |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 32950
Price
Taxes
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