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This one-of-a-kind commercial/residential property on US-1 offers unmatched flexibility, income potential, and front-row views of rocket launches over the Indian River. Spanning 3,451 square feet with three separate meters, private entrances, firewalls, and addresses, this property is built for versatility whether you're looking to live on-site, generate rental income, or launch a business.
The main apartment (1,427 sq ft) is modern and fully renovated (2020) with two bedrooms and two bathrooms. Impact windows and sliding glass doors frame direct water views, and a spacious waterfront patio offers the perfect setting for enjoying sunrises and rocket launches. A 700 sq ft interior studio suite includes a full bathroom, kitchenette, laundry, and its own private entrance ideal for extended family, overnight guests, or income-generating potential. The 1,327 sq ft commercial unit faces US-1 and is currently leased through January 2027. Use it as passive income or vacate (with notice) the space for your own business needs. 3 year old roof & ACs.
The property extends 500 feet into the Indian River. Apartments can be offered furnished or unfurnished. Whether you're an entrepreneur, investor, or simply looking for a flexible and scenic space, this is a rare opportunity to own a truly dynamic waterfront property.
Features
Age: Over 50 Years Old
Amenities: Water Front
Architecture Style: Other
Cooling System: Central Air
Exterior Type: Stucco
Exterior Type: Block
Legal Description: BAYVIEW N 80 FT OF LOT 9 E OF HWY EX ORB 1376 PG 229 and BAYVIEW PART OF LOT 9 RIVER BOTTOM E TO BULKHEAD LINE AS DESC IN ORB 1377 PG 840