2940 Rocky Point Rd, Malabar, FL 32950

Water-View Estate Lot with Dock Rights – 1.04 Acres – Malabar, FL Rare opportunity to own one of the last premium water-view estate parcels along Rocky Point Drive. This 1.04-acre home site sits directly across from the Indian River Lagoon and includes a corresponding waterfront parcel providing private dock rights—offering the best of both worlds: stunning water views and reduced exposure compared to direct waterfront lots. Surrounded by luxury homes and mature palm trees, the property is high and dry with ample space to build a custom estate. Included conceptual renderings, floor plans, and dock plans illustrate the potential for a high-end residence with pool, outdoor living, and detached garage—perfect for a $2.5M+ build. Recent nearby sales highlight the value: smaller 0.4–0.6 acre direct waterfront lots along the same road have sold for $1.1M–$1.2M. This larger home site offers greater privacy, flexibility, and elevation while still providing full water access and views. Located in a quiet, upscale stretch of Malabar with easy access to Melbourne, Vero Beach, and Orlando. Key Features: • 1.04 acres (estate-sized lot) • Water views of the Indian River Lagoon • Included waterfront parcel with dock rights • NOT in the Indian River Moratorium zone! Septic (ENR type) Permit attainable! • High elevation (“high and dry” from severe storms) • Dense and mature palms and natural vegetation are priceless • Conceptual home, garages for boats, RV's, pool area, full lot layout plus dock plans included (+6K value) • Surrounded by other luxury waterfront homes • One of the last true gems of a waterfront lot in Brevard County not in the Moratorium zone Realistic Comps (across street from this property): https://tinyurl.com/y4h49czz • 3055 Rocky Point Road (lot only) $1.267M (0.6 acre) • 3065 Rocky Point Road (lot only) $1.175M (0.4 acre) Drone footage: https://tinyurl.com/3txz4783 Serious inquiries only please. Buyer’s agents welcome and protected. Seller is not seeking a listing agent at this time.