ActiveUnimproved Land
1790 Us-1, Malabar, FL 32950
Malabar, FL 32950 · MLS #1088776The residence
About this property
Rare Indian River waterfront opportunity in Malabar! Situated on approximately 1.07 acres along US Highway 1, this unique vacant parcel offers a combination of waterfront setting, highway visibility, and flexible Residential/Limited Commercial (R/LC) zoning. The R/LC designation provides potential for residential, multifamily, limited commercial, or mixed-use development, subject to Town of Malabar approval and applicable development requirements. With approximately 46,600 square feet of land, this property offers an exceptional opportunity for an owner-user, investor, or developer seeking a distinctive site along the Indian River corridor. Potential concepts may include residential development, multifamily use, neighborhood-scale commercial use, or a combination of residential and limited commercial uses. Conveniently located on US-1 in Malabar with easy access to Palm Bay, Melbourne, Grant-Valkaria, and surrounding communities. Bring your vision and explore the possibilities of this unique Space Coast waterfront property.
At a glance
Property details
- Property type
- Unimproved Land
- Listing type
- For sale
- Status
- Active
- Lot size
- 46,609 sq. ft.
- Subdivision
- Part of Govt Lot 1 As Des In Db
- County
- Brevard
- Original list price
- $674,900
- Listing date
- September 29, 2026
- Annual property tax
- $2,290 (2025)
- Listing agent
- Erlin He
- Listing office
- Space Coast Realty Corp.
- MLS number
- 1088776
Neighborhood & location
Explore Part of Govt Lot 1 As Des In Db
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- Elementary school
- Port Malabar
- Middle school
- Stone
- High school
- Palm Bay
- School district
- Brevard Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $3,413
- Property taxes
- $191
- Homeowners insurance
- $337
- Estimated total
- $3,941
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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Listing courtesy of Space Coast Realty Corp., 321-723-3000.
Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.