Commercial property in Indialantic, Florida 332.5 sq.m. № 1981436

Commercial property in Indialantic, Florida 332.5 sq.m. № 1981436
ID1981436 $ 879 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1981436

Property description

Cash Only | Sold As-Is | Fully Occupied Coastal Triplex | One Block from the Beach 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, strong tenant demand, and long-term coastal value. Well-suited for investors or developers seeking immediate cash flow with repositioning or redevelopment potential. Proof of funds required prior to access.
MLS #: A11820099
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CityIndialantic
Address351 N Shannon Ave, Indialantic FL 32903
TypeCommercial property
Living space332.5 m²
  • sq. ft
Completion dateIV quarter, 1962
Parking places5
Price
  • Price
  • per m²
$ 879 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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