Courtesy: EXP Realty, LLC
888-883-8509
Fully renovated 4,357 SF mixed-use commercial property on 0.61 acres with exceptional Highway 1 frontage and strong income potential. Features 3 separate units with flexible layouts ideal for retail, office, medical, service, or restaurant use. High-end upgrades include LVP flooring, stainless appliances, updated systems, and a medical-ready suite with lead-lined X-ray room. Property includes 15 paved parking spaces plus a 3,000 SF gravel parking area and a 110' x 20' concrete slab ready for future expansion. Waterfront amenities include a new 450' dock and 16,000-lb covered boat lift. Major improvements include metal roof (2017), flat roof (2024), HVAC (2023), and updated plumbing. Seller financing available. Includes first right of refusal on adjacent 0.82-acre parcel. Prime high-traffic location near growing residential developments and the Indian River Lagoon.
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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.
