124 Coral Way Way E, Indialantic, FL 32903

Local realty services provided by:
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.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:1051378
  • Added:63 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)
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

New listings near 124 Coral Way Way E