1. Florida
  2. Indialantic
  3. 124 Coral Way Way E
$1,500,000

124 Coral Way Way E, Indialantic, FL 32903

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.57acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
July 10, 2025 at 05:00AM
Listing Office:
Relentless Real Estate Co. : 321-302-0763
Listing Agent:
Jennifer Brown : 321-412-4021
MLS ID:
1051378
  • A/C: Other
  • Heating: None

This listing courtesy of Jennifer Brown, Relentless Real Estate Co.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Indialantic Elementary School

1050 N Palm Ave, Indialantic, FL, 32903

Grades KG-6

2.18 miles away

H

Hoover Middle School

2000 Hawk Haven Dr, Indialantic, FL, 32903

Grades 7-8

2.08 miles away

M

Melbourne High School

74 Bulldog Blvd, Melbourne, FL, 32901

Grades 9-12

3.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.