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Mixed-Use Land for Sale in Malabar, Florida

1860 Highway 1, Malabar, FL 32950

$1,500,000
10.5 acres
Active sale
ago
Est $10,525/mo

Positioned along high-visibility US-1, this 10+ acre parcel offers a rare combination of acreage, river frontage, and flexible R-LC zoning for residential and limited commercial opportunities. With approximately 400 feet of Indian River frontage plus US-1 frontage, the property presents strong potential for future development, income-producing use, or long-term land banking. Current zoning allows up to 6 residential units per acre, creating possibilities for a thoughtful residential or mixed-use concept. Whether you are looking to develop now or secure a strategic waterfront corridor investment for the future, this parcel offers location, scale, and upside that are increasingly hard to find.

Location

Street address
1860 Highway 1
Community
Malabar/Grant-Valkaria
Elevation
36 feet
Coordinates
27.9953, -80.56

Directions

From Malabar, head south on US1.

Property details

Acreage
10.53 acres
MLS #
SCAOR 1078014
Posted

Property taxes

2023
$4,957

Parcels

  • 29-38-06-00-00003.0-0000.00

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

View
River
Waterfront
River Front
Features
Many Trees

Structure

Sewer
Septic Tank

Property utilities

CategoryTypeStatus
PowerGridAvailable

Nearby schools

NameType
Port MalabarElementary
StoneMiddle
Palm BayHigh

Listing history

DateEventPriceChangeSource
May 22, 2026New listing$1,500,000SCAOR
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This 10.53-acre property is located at 1860 Highway 1 in Malabar, FL 32950. The property is available for sale for $1,500,000 with a price per acre of $142,450.

Listed by Dale Sorensen Real Estate, (321) 723-9990

Checked 1 hour agoUpdated Source

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