UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,579 sqft
Price per Sqft $242
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
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