Listing Address:
124 Coral Way Way, Indialantic, FL 32903
Active
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Price: $1,800,000
MLS # 1051378
Property Type: Multifamily
This property is Active. Please contact us for similar properties.
Property Description:
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.
Property Listing Details for 124 Coral Way Way, Indialantic, FL 32903
Exterior Features
Interior Features
Equipment / Appliances
Pool
Pool Description
Utilities
Additional Rooms
None
Waterfront
Parking
Split Floorplan
HOA
HOA Dues
0.00
Construction
Floor
Exterior Finish
Roof Type
Fireplace
0
County
Brevard
Gated Community
Furnishings
Home Warranty
Tax Year
2024
Tax Amount
3017.25
55+ Community
Subdivision
Listing Status
Active
Property Status
Home Style
Home View
Street
124 Coral Way Way, Indialantic, 32903
Zip Code
D. Basile Real Estate, LLC lists and sells Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard.
This listing is courtesy of Relentless Real Estate Co.. Property Listing Data contained within the D Basile Real Estate website is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
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