Anayeli Baltazar- Lugo

124 Coral Way Way E, Indialantic, FL 32903

$1,500,000

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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.

124 Coral Way Way E | MLS# 1051378

This multi-family property located at 124 Coral Way Way E, Indialantic, FL 32903 is currently listed for sale with an asking price of $1,500,000. Search Indialantic real estate on anayelib.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Other
Heating: None
Lot Size: 0.57 Acres

Feature Descriptions

Days on Site: 255
Exterior: Other
Lot: Cleared
Sewer: Public Sewer
Utility Features: Electricity Available, Water Available
Water: Public

Local Schools

High School: Melbourne
Middle School: Hoover
Elementary School: Indialantic

Listed By / Shown By

Listed By

Agency Name: Relentless Real Estate Co.
Agency Phone: 321-302-0763

Shown By

Agent Name: Anayeli Baltazar
Agent Phone: (386) 717-1035
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 7,670.73 per month $7,233.23 Principal & Interest $0.00 Property Tax (data not provided by mls) $437.50 Homeowner's Insurance

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