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$793,382Estimated home value

Beds
6
Baths
1.5
sq ft
3,398

1280 S US Highway 1, Malabar, FL 32950

1280 S US Highway 1

Malabar, FL 32950

  • Sold On 5/18/2022
This is a unique property on a large .61 acre lot with aprox. 94 feet of river frontage shoreline. The original building has been nicely updated making it ideal for any type of office setting; insurance, lending, real estate, marketing, medical offices, SO many best uses. The location has excellent frontage on busy US 1 with a traffic count of 35,000 cars DAILY! A beautiful boasting shoreline with riparian rights allowing for a private dock to be built is ready for your design. Zoned as Mixed Use Commercial creates endless opportunities as you could live on the property AND conduct your business out of it if you need. The 2008 add-on portion of the property could be built out and rented to another business tenant or even built out as an additional livable space. SO MANY IDEAS!

Details

Property type

Single Family Residence

Est. home value

$793,382

Lot size

0.61 acres

Price per sq ft

$268

Year built

1948

Annual property taxes

$4,714.25

Price History

02/27/2025
BrevardMLS

BrevardMLS #1006020

Removed
$1,399,900
07/07/2024
BrevardMLS

BrevardMLS #1006020

Price change
$1,399,900
-6.67%
04/24/2024
BrevardMLS

BrevardMLS #1006020

Price change
$1,500,000
-3.23%

Schools & Community

Elementary school: 

Port Malabar

Middle school: 

Stone

High school: 

Palm Bay

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Seacoast National Bank

Loan start date

September 2018

Original loan amount

$297,500

Est. remaining balance

Not provided

Interest rate

4.59%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Kamden Homes Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 04/03/2025 at 12:05 PM

Listing updated: 10/16/2024 at 12:45 AM

Listed by: Caitlin E. Rebensky, Portfolio Homes Phone #: (321) 482-2390

MLS: BrevardMLS #932483

BrevardMLS logo

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