Back on Market Price reduced. Possible development. Property has 3 parcels total of 6.96 ac. with main house built in 1924 2 story 2/1 home has new metal roof and large separate garage /workshop. 0ver 120ft of river frontage east of US 1. This home has high potential to be restored to its former glory as a original Florida farmhouse. Property also has 1 bedroom/ 1bath cottage with eat in kitchen and living room on a separate parcel that could also be restored. Total parcels could be developed into as many as 35 separate lots.
Malabar is located in Florida. Malabar, Florida 32950has a population of 2,955. Malabar 32950 is more family-centric than the surrounding county with 24.48% 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 32950 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 32950 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.