About 124 Coral Way Way E
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.
Features of 124 Coral Way Way E
| MLS® # | 1051378 |
|---|---|
| Price | $1,500,000 |
| Acres | 0.57 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 124 Coral Way Way E |
|---|---|
| Area | 383 - N Indialantic |
| Subdivision | Eden Estates |
| City | Indialantic |
| County | Brevard |
| State | FL |
| Zip Code | 32903 |
Amenities
| Utilities | Electricity Available, Water Available |
|---|---|
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Heating | None |
|---|---|
| Cooling | Other |
| Fireplace | No |
Exterior
| Exterior | Other |
|---|---|
| Lot Description | Cleared |
| Construction | Other |
School Information
| Elementary | Indialantic |
|---|---|
| Middle | Hoover |
| High | Melbourne |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Relentless Real Estate Co. |
|---|