1250 S Highway 1
Malabar, FL 32950

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!!

Details

MLS#824344
Sub-TypeResale
StatusActive
Days On Site218

Features

SQ Feet4,575
Units6
Building(s)4

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Area Information

StateFL
CountyBrevard
CityMalabar
Zip Code32950
Area342 - Malabar/Grant-Valkaria
Listing VS Median (in 32950)
Price:
$500,000
low | high
Med:
$127,450
100% of Average
SqFt:
4,575
low | high
Med:
0
100% of Average
$ / SqFt:
$109
low | high
Med:
$0
100% of Average
On Site:
218
low | high
Med:
282
77.304964539007% of Average
Listing Updated: 04/17/2019
MLS Number: 824344
Listing Provided By:
Neko A Shepherd  of  Coldwell Banker Res. R.E.

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