$670,000

1080 S Highway 1

Malabar FL, 32950

Description

Multi-Family Development Opportunity in Malabar, FL. Subject property is 2.26 acres and is zoned for 9 Multi-Family units 'As Is' OR 13 Multi-Family units if water/sewer is brought to the property. Subject property is located on the Coquina Ridge which rises 45' +/- above the Indian River Lagoon providing exceptional views of the surrounding River & Atlantic Ocean. Located at the southern end of vibrant Brevard County. Brevard, commonly known as the 'Space Coast' is home to countless R&D, Hi-Tech & Engineering companies that support space exploration & the Department of Defense. These companies bring thousands of hi-tech (and high paying) employees to Brevard, many of whom live in the Malabar-Palm Bay-Melbourne metropolitan area.

Details

MLS#882186
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site49

Features

ZoningRLC
Acreage2.26

Market Activity 32950

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Area Information
StateFL
CountyBrevard
CityMalabar
Zip Code32950
Area342 - Malabar/Grant-Valkaria
Listing VS Median (in 32950)
Price:
$670,000
low | high
Med:
$120,000
100% of Average
On Site:
49
low | high
Med:
33
100% of Average
Listing Updated: 09/23/2020
Zachary Michael Ullian LogoMLS Number: 882186
Listing Provided By:
Zachary Michael Ullian  of  The Ullian Realty Corporation

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