Price Reduction - Seller Financing
1250 S Highway 1 Malabar, FL
$ 470,000
Property Attributes
  • MLS#824344
  • TypeMulti-Family
  • CountyBREVARD
  • CityMalabar
  • AreaValkaria
  • Zip32950
  • StyleTwo Story
  • Year Built1916
  • Taxes4447
  • Price$ 470,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4575
  • Lot Size2.23 Acres
Listing Provided Courtesy Of:
Coldwell Banker Res. R.E.
Property Description

PRIME LOCATION REALESTATE!! Come see this income generating property zoned Residential/ Limited Commercial, located on a major highway with a view of the river!! There are currently 6 rental units on the property, but the zoning allows for up to 14 on this 2.23-acre location. The front building is currently utilized as a residence but was originally constructed as a store front that would be perfect for an Antique Store or a Coffee Shop with great exposure!! 5 of the 6 units are currently renting on a month to month basis, so the new owner can go many directions to maximize profits. OWNER FINANCING AVAILABLE, with a good portion down!!

Elementary School Middle School High School
Port Malabar Elementary School Stone Middle School Palm Bay High School
Price History
9/12/2018 Listed $600,000
1/1/2019 5% - $575,000
2/4/2019 5% - $549,900
2/21/2019 10% - $500,000
5/6/2019 6% - $470,000

General Features

Area 342 - Malabar/Grant-Valkaria
Construction Combination, Concrete Poured, Frame - Wood, Other - Call Agent
Fixer Upper No
HOA None
Legal/misc: 55+ Community No
Legal/misc: Gated Community No
Legal/misc: Home Warranty No
Legal/misc: Homestead Yes
Listing Status Active
Lot Sqft 97139.00
Number of Units 6
Possible Financing Cash, Conventional, Creative, Holding 2nd, Pvt Financing Avlbl
Property Status Standard
Style Two Story
Waterfront No
Year Built 1916
Zoning R/LC

Interior Features

Bonus Room No
Equipment/appliances Dryer, Other - Call Agent, Washer
Flooring Tile, Wood
Split Bedroom No
SqFt - Living 4575.00
Utilities Cable Available, Septic, Well Water

Exterior Features

Acreage 2.23
Buildings 4+ Buildings
Car Port 1.00
Community Pool No
Exterior Finish Siding - Vinyl, Stucco
Lot Description Fruit Trees, Historic Area, Major Roadway
Parking 1 Car Carport, Open Parking, Unpaved Drive
Pool (Y/N) No
Private Pool No
Roof Metal


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32950

AVG $580K
AVG $2,224
AVG 97
Year Built
AVG 1916
AVG 23
Data Provided by Walkscore ® not using MLS data

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