124 Coral Way Way E, Indialantic, FL 32903

Indialantic
Local realty services provided by:Better Homes and Gardens Real Estate Star
124 Coral Way Way E,Indialantic, FL 32903
$1,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: scott loveridge, 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:307 day(s) ago

Rooms and interior

  • Kitchen Description:appl_

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)

Features and amenities

  • Laundry features:appl_
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.

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