$1,500,000
Malabar, FL 32950
MLS# 1046582
1 / 7
Property Description
Great parcel of land including riverfront on US1 over 10 acres. Zoned R-LC, residential and limited commercial. Zoning allows up to 6 residential units per acre. Property does include apx 400 feet of river frontage and frontage on US1. Purchase for development or future investment!
Details
Maps
Location, Tax, and Legal
Tax Account: 2953315
Parcel Number: 29-38-06-00-00003.0-0000.00
General County Location: South
Elementary School: Port Malabar
Middle School: Stone
High School: Palm Bay
Tax Annual Amount: 4957.21
Tax Year: 2023
Tax Legal Description: PART OF GOVT LOT 1 AS DESC IN ORB 3496 PG 4745 EXC ORB 7185 PG 1297 PAR 4
Directions: From Malabar, head south on US1.
General Property Information
Lot Size Acres: 10.53
Lot Size Square Feet: 458687
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Indian River
CDD Fee YN: No
List Price/Acre: 142450.14
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Great parcel of land including riverfront on US1 over 10 acres. Zoned R-LC, residential and limited commercial. Zoning allows up to 6 residential units per acre. Property does include apx 400 feet of river frontage and frontage on US1. Purchase for development or future investment!
Closing Company Details
Closing Company Name: Supreme Title
Closing Company Address: 125 W New Haven Ave, Melbourne, FL 32901
Current Use
Commercial: 1
Mixed Use: 1
Multi-Family: 1
Residential: 1
Retail: 1
Single Family: 1
Unimproved: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Many Trees: 1
Possession
Close Of Escrow: 1
Road Frontage Type
Highway: 1
Road Surface Type
Asphalt: 1
Sewer
Septic Tank: 1
Unknown: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Available: 1
View
River: 1
Water Source
None: 1
Waterfront Features
River Front: 1
Development Status
Raw Land: 1
Showing Requirements
Call Listing Agent: 1
Contract Information
Current Price: $1,500,000
Original List Price: 1500000
List Price: $1,500,000
Status: Active
Listing Contract Date: 2025-05-19
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 1860
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: 2025-05-19T15:08:46Z
Major Change Type: New Listing
Status Change Timestamp: 2025-05-19
Property Features
Current Use: Commercial; Mixed Use; Multi-Family; Residential; Retail; Single Family; Unimproved
Development Status: Raw Land
Listing Terms: Cash; Conventional
Lot Features: Many Trees
Possession: Close Of Escrow
Road Frontage Type: Highway
Road Surface Type: Asphalt
Sewer: Septic Tank; Unknown
Showing Requirements: Call Listing Agent
Special Listing Conditions: Standard
Utilities: Electricity Available
View: River
Water Source: None
Waterfront Features: River Front
Listing Office: Dale Sorensen Real Estate Inc.
Last Updated: December - 15 - 2025
Information is deemed to be reliable, but is not guaranteed.