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.
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.
The income description goes here to explain
| List Price | $1,390,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 3,451 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1965 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 22 3510AZ*9.01 |
| MLS # | O6310495 |
| Property ID | 321814095 |
| Lot Sqft | 10,454 |
| Zoning | SMU |
| Days on Market | 273 |
| Original List Price | $1,490,000 |
| Applicances | Dishwasher, Microwave, Refrigerator% |
| Date Updated | August 18, 2025 |
| Date Created | May 19, 2025 |
Hannah True an agent of . Lic #3495769
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of August 18, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT