Under Contract

1550 Marie Street

Malabar, FL 32950
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Acres1.97

Acres(Lot)

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 proper ty 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.

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Detail Ic Property Details

Property Type : Land

Price : $250,000

AD Id : 68883299

MLS Id : 1062422

Lot Size : 1.97 Acres(Lot)

County : Brevard

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Feature Features

  • Water/Sewer

    Sewer: Septic Tank
  • Heating & Cooling

    WaterSource: Well

  • Lot Information

    Lot Description: Cleared, Many Trees, Wetlands Lot Size Area: 1.97 Acres Lot Square Feet: 85,813

    Property Information

    Property Type: Land Sub Type: Unimproved Land Subdivision: None MLS Area Minor: 342 - Malabar/Grant-Valkaria Source Neighborhood: None

  • Listing Price Information

    Listing Id: 1062422 ist Price: $250,000 Listing Terms Cash, Conventional
  • Listing Information

    Possession: Close Of Escrow

  • Tax Information

    Parcel Number: 28-37-36-00-00762.0-0000.00 Annual Tax: $1,506 Tax Year: 2024

  • School Information

    Elementary School: Port Malabar
    Elementary School District:
    Junior High School: Stone
    Senior High School: Palm Bay
  • Utility Information

    Electricity Available, Sewer Not Available, Water Available
  • Location Information

    Direction: Exit I-95 at Exit 173 for State Road 514 (Malabar Road) west/east. Wikipedia +1 Take SR 514 toward Malabar (the road becomes more two-lane as you enter town). Continue on SR 514 until you reach Marie Street. Turn onto Marie Street and proceed until you reach 1550 Marie St (the parcel is on the corner of Marie St and Malabar Road
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
0000 Malabar Road, Malabar, FL, 32950 $1,289,000 -- -- -- 9.75 Acres(Lot)
0000 N Of Valkaria/w Co.., Malabar, FL, 32950 $27,000 -- -- -- 1.37 Acres(Lot)
Fortuna Avenue, Malabar, FL, 32950 $32,000 -- -- -- 1.40 Acres(Lot)
Mccain Ln, Malabar, FL, 32950 $134,400 -- -- 60,984 1.40 Acres(Lot)
00 Unknown Lane, Malabar, FL, 32950 $145,000 -- -- -- 1.40 Acres(Lot)
000 Hunter Lane, Malabar, FL, 32950 $75,000 -- -- -- 1.47 Acres(Lot)
Malabar Road, Malabar, FL, 32950 $325,000 -- -- -- 2.49 Acres(Lot)
1495 Absaroka Lane, Malabar, FL, 32950 $175,000 -- -- -- 1.51 Acres(Lot)
Land Lock Avenue, Malabar, FL, 32950 $22,999 -- -- 61,855 1.42 Acres(Lot)
No Access Road, Malabar, FL, 32950 $23,999 -- -- 63,162 1.45 Acres(Lot)

ByOwner last updated this listing 06/12/2026 @ 21:07

MLS: 1062422 LISTED BY: Lindsey Whitney, Compass Florida, LLC 321-214-8400 SOURCE: Space Coast MLS (Space Coast Association of REALTORS®)

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