1256 S Highway 1, Malabar, FL 32950

$400,000
3,899
SqFt
List Price
$400,000

Property Description

HUGE PRICE REDUCTION. The potential is endless on this multifamily unit, currently zoned limited commercial with 2 income producing units, build up to 9 units on this amazing 2.25 acre lot right in front on Indian River. Route 1 motor sport just built a brand new store almost right next to it and many other residential and commercial development are projected for this area, Melbourne Beach just 10 min away, Palm Bay marina 5 min away, Palm Bay hospital 5 min away, Sebastian Inlet 20 min away, grab it before is too late.

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Listing courtesy of RE/MAX Elite.