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Alex Mendel

alex@mendelgroupfl.com +1(561) 827-8449

$ 879,000

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351 N Shannon Ave Indialantic, FL 32903

3,579 SqFt

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,579 sqft

Price per Sqft $245

Subdivision Indialantic By The Sea

MLS Listing ID A11820099

Construction Status Effective Year Built

HOA Y/N No

Year Built 1962

Annual Tax Amount $9,846

Tax Year 2024

Property Sub-Type Triplex

Property Description

Prime Developer Opportunity – 7BR/5BA Triplex on Corner Lot Just One Block from the Beach!
Exceptional value in a high-demand coastal location, this fully occupied 7-bedroom, 5-bathroom triplex fixer-upper sits on an expansive 0.34-acre corner lot, offering immediate rental income and incredible potential for future development. Zoned for maximum flexibility, this property may allow for townhome construction with separate entrances on different street fronts—making it ideal for developers or savvy investors. Located just steps from the beach, popular restaurants, and local attractions, this is your chance to secure a unique parcel in a thriving area. Don't miss this rare opportunity to transform a prime piece of land into a standout coastal asset.

Location

State FL

County Brevard

Community Indialantic By The Sea

Area 6371 Brevard County (E Of Indian River)

Direction Please make sure to follow GPS and put North before Shannon Ave. It's on the corner of Second Ave.

Interior

Heating Other

Cooling Other

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 5

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Block,Frame

Construction Status Effective Year Built

Others

Tax ID 27-38-31-EO-65-1

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11820099

Listed by Beachfront Realty Inc

Alex Mendel

Agent

+1(561) 827-8449

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Alex Mendel

351 N Shannon Ave Indialantic, FL 32903

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351 N Shannon Ave