$250,000

1550 Marie Street, Malabar, FL 32950

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon1.97acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

The 1.97-acre property, positioned at the corner of Malabar Road & Marie Street in Malabar, FL, features a truncated wedge shape w/ approximately 469 ft of frontage along Malabar Road to the south, 111 ft along Marie Street to the east, 433 ft bordering the historic Banyan Estate to the north, & 289 ft adjoining a wildlife preserve to the west. Re-zoned to General Commercial in 2020, the site cannot be developed as a convenience store. A full survey was completed by Smith Surveying on July 1, 2020, & multiple studies have been conducted, including an environmental assessment, building compaction & percolation testing, & preliminary site-work evaluation w/ Brandon Construction. Under permit, a wide 20-ft-by-350-ft path along the eastern side was cleared to allow for soil testing. The property includes approximately 0.26 acres of wetlands in the southwest corner, believed to be man-made due to poor swale maintenance, w/ mitigation estimated at $30,000-$40,000 & potentially reducible if classified as man-made. No negative findings have been identified that would prevent general commercial use.

Listing Status:
Active
Date Added:
November 18, 2025 at 06:00AM
Listing Office:
Compass Florida, LLC : 321-214-8400
Listing Agent:
Lindsey N. Whitney : 321-376-0668
MLS ID:
1062422
  • Originating MLS: Space Coast MLS (Space Coast Association of REALTORS®)
  • County: Brevard
  • Zoning: 28-37-36-00-00762.0-0000.00
  • Current Use: Unimproved
  • Utilities: Electricity AvailableSewer Not AvailableWater Available
  • Water: Well
  • Sewer: Septic Tank
  • Source: Space Coast MLS (Space Coast Association of REALTORS®)

This listing courtesy of Lindsey N. Whitney, Compass Florida, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Port Malabar Elementary School

301 Pioneer Ave NE, Palm Bay, FL, 32907

Grades PK-6

2.80 miles away

S

Stone Magnet Middle School

1101 E University Blvd, Melbourne, FL, 32901

Grades 7-8

4.61 miles away

P

Palm Bay Magner High School

101 Pirate Ln, Melbourne, FL, 32901

Grades 9-12

4.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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