$65,000
Malabar, FL 32950
MLS# 833515
Status: Closed

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Property Description
The subject property is just shy of a half an acre and is situated directly on US Highway 1 in Malabar, Florida. Parcel ID: 29-38-06-00-18 / Tax ID: 2953324 • Zoning - Town of Malabar GC - General Commercial is reserved specifically for retail sales and services. This property includes riparian rights to the river on the east side of US Highway 1. • The property would be on septic and well - currently no access to water and sewer. The closest point to access the city utilities for the Town of Malabar would be north to Malabar Road. • There is 150 feet of direct frontage on Highway US 1, with indirect river view from this location. The traffic count at this point on Route 1 averages approximately 19,260 cars passing daily.
Details
Maps
Location, Tax, and Legal
Tax Account: 2953324
Parcel Number: 29-38-06-00-00018.0-0000.00
General County Location: South
Elementary School: Port Malabar
Middle School: Stone
High School: Palm Bay
Tax Annual Amount: 1748.5
Tax Year: 2018
Tax Legal Description: PART OF GOVT LOT 1 W OF HWY 1 AS DES IN ORB 916 PG 159
Directions: The subject property is just shy of a half an acre and is situated directly on US
Highway 1 in Malabar, Florida approximately 4 miles south of Malabar Road on the west side of US 1.
General Property Information
Lot Size Acres: 0.42
Lot Dimensions Source: Public Records
Lot Size Square Feet: 18295
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
List Price/Acre: 190476.19
Sold Price/Acre: 154761.9
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: The subject property is just shy of a half an acre and is situated directly on US
Highway 1 in Malabar, Florida. Parcel ID: 29-38-06-00-18 / Tax ID: 2953324
• Zoning - Town of Malabar GC - General Commercial is reserved specifically for
retail sales and services.
This property includes riparian rights to the river on the east side of US Highway 1.
• The property would be on septic and well - currently no access to water and
sewer. The closest point to access the city utilities for the Town of Malabar would
be north to Malabar Road.
• There is 150 feet of direct frontage on Highway US 1, with indirect river view from
this location. The traffic count at this point on Route 1 averages approximately
19,260 cars passing daily.
Current Use
Commercial: 1
Listing Terms
Cash: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Special Listing Conditions
Standard: 1
Utilities
Other: 1
Historical Information
Public Historical Remarks 3: Frontage Description: US Highway
Contract Information
Current Price: $65,000
Original List Price: 118000
Sold Price: $65,000
Status: Closed
Listing Contract Date: 2019-01-08
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 1800
Street Direction Prefix: S
Street Name: Highway 1
County: Brevard
State: FL
Postal Code: 32950
MLS Area Major: 342 - Malabar/Grant-Valkaria
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2023-11-11T04:32:01Z
Major Change Type: Price Reduced
Price Change Timestamp: 2019-03-29T16:13:54Z
Status Change Timestamp: 2020-07-31
Purchase Contract Date: 2020-05-26
Close Date: 2020-07-30
Close Price: 65000
Property Features
Current Use: Commercial
Listing Terms: Cash
Possession: Close Of Escrow
Road Surface Type: Paved
Special Listing Conditions: Standard
Utilities: Other
Listing Office: Dreyer & Associates R.E. Grp.
Last Updated: June - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.
