Prime mixed-use investment on Florida's Space Coast. Located at 1280 Highway 1 in Malabar, this fully renovated 4,357 SF, three-unit commercial property sits on 0.61 acres with 113' of high-visibility U.S. Highway 1 frontage and multiple income streams. The three flexible units support retail, office, medical, service, or restaurant use, including a medical-ready space with a lead-lined X-ray room and strong restaurant conversion potential. Property features high-end finishes, ample parking with 13 paved spaces plus additional gravel parking, and a 110' x 20' concrete slab for expansion. A deposit is in place for a 20' x 60' aluminum building and carport. Unique waterfront amenity includes indirect access with a brand-new 450' dock and 16,000-lb boat lift. Major upgrades include full renovation (2025), flat roof (2024), metal roof (2017), HVAC (2023/2017), and full cast iron plumbing replacement. Seller financing available with first right of refusal on adjacent parcel.
Discover a rare opportunity to own a thriving bonsai nursery with a charming residence, perfectly blending lifestyle and business. Live where you work or expand into multiple ventures with flexible residential and commercial use. The property allows for up to 3 stories, offering endless potential. Enjoy dual entrances: one with 4-car parking and another accommodating 15–20 cars, ideal for clients. Across the street, your own riverfront with dock provides serene views and unique appeal, making this property a one-of-a-kind investment.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Space Coast Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than the owner of this site are marked with the Space Coast Association of REALTORS®, Inc. logo and detailed information about them includes the name of the listing brokers. Copyright 2026 Space Coast Association of REALTORS®, Inc. All rights reserved.

Malabar is located in Florida. Malabar, Florida has a population of 2,955. Malabar is less family-centric than the surrounding county with 21.9% of the households containing married families with children. The county average for households married with children is 24.34%.
The median household income in Malabar, Florida is $81,583. The median household income for the surrounding county is $63,632 compared to the national median of $69,021. The median age of people living in Malabar is 55.2 years.
The average high temperature in July is 90.6 degrees, with an average low temperature in January of 49.4 degrees. The average rainfall is approximately 54.1 inches per year, with 0 inches of snow per year.