124 Coral Way Way, Indialantic, FL 32903
About 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.
Essential Property Information
- Price: $1,800,000
- Property Type: Multifamily
- Country: USA
- City: Indialantic
Additional Property Info
- Buildings: No
- Fixer Upper: No
- Listing ID: 1051378
- Listing Status: Active
- Prop Type: Multi Family
- Property Type: Multifamily
- State/Province: FL
- Status: Active
- Status Change Date: Thursday, July 10th, 2025
Properties
Search Listings
Use the link to search for more listings near you!
