351 N Shannon Ave, Indialantic, FL 32903

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
351 N Shannon Ave,Indialantic, FL 32903
$869,000
  • - Beds
  • - Baths
  • 3,579 sq. ft.
  • Multi-family
  • Active
Listed by: tamara lima
Office: beachfront realty inc
MLS#:A11820099
Source:SEFMLS

Price summary

  • Price:$869,000
  • Price per sq. ft.:$58.68

About this home

Cash Only | Sold As-Is | Fully Occupied Coastal Triplex | One Block from the Beach | Corner Lot | Opportunity to acquire a fully occupied, income-producing triplex located one block from the Atlantic Ocean along Second Avenue, one of Brevard County’s most supply-constrained beachside corridors. Situated on an oversized 0.34-acre corner lot, this 7-bedroom / 5-bath property offers approximately 3,579 square feet under air with stable in-place rental income and clear long-term upside. Dual street frontage enhances future design flexibility, access, and exit optionality. Zoning and lot size present multiple value-add and redevelopment strategies, including potential townhome development or unit reconfiguration for higher rents (buyer to verify). The coastal location, limited surrounding inventory, and walk-to-beach proximity support durable rental demand and appreciation. Prime Indialantic location steps from the beach, dining, and local amenities—an area known for limited supply,

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Home facts

  • Year built:1962
  • Listing ID #:A11820099
  • Updated:February 14, 2026 at 10:58 AM

Rooms and interior

  • Living area:3,579 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1962
  • Building area:3,579 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$869,000
  • Price per sq. ft.:$58.68
  • Tax amount:$9,846 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami 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.