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 homesite 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 homesite 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: •