For SaleMulti-Family
$1.5M
124 Coral Way Way E, Indialantic, FL 32903, Indialantic, FL 32903
Indialantic neighborhood
Subdivision: Eden Estates
0
Bedrooms
0
Bathrooms

About This Property

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.

Additional Details

Lot Size:0.57 acres (24,829 sqft)
MLS Area:383 - N Indialantic

Schools

Elementary

Indialantic

Middle School

Hoover

High School

Melbourne

$1.5M
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Listing Agent

S
Scott Loveridge
Relentless Real Estate Co.
321-302-0763
MLS# 1051378
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