124 Coral Way Way E, Indialantic, FL 32903

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124 Coral Way Way E,Indialantic, FL 32903
$1,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:jennifer brown
Office:relentless real estate co.
MLS#:1051378
Source:FL_SPACE

Price summary

  • Price:$1,500,000

About this home

Rare Indialantic Investment Opportunity! Fully permitted and shovel-ready 8-unit townhome project on a cleared .57-acre beachside lot zoned for short-term rentals (Airbnb/VRBO)—a true rarity in Indialantic! Plans approved for two buildings with four 3BR+Loft, 2.5BA, 2-car garage units each, totaling 8 income-producing townhomes. Each unit is over 2,250 sq ft with modern, coastal-inspired design and 10' ceilings. Walk to the beach, shops, and restaurants. Use your own builder or ours and break ground immediately. Pro forma rental income and comps available. Whether you build-to-rent or build-to-sell, this is the cash-flowing beachside project your portfolio needs. Permits + plans included. Zoned STR. Ready to build.

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Home facts

  • Listing Id #:1051378
  • Added:36 day(s) ago

Structure and exterior

  • Lot area:0.57 Acres

Schools

  • High school:Melbourne
  • Middle school:Hoover
  • Elementary school:Indialantic

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$3,017 (2024)
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