124 Coral Way Way E Indialantic, FL $ 1,500,000
124 Coral Way Way E
$ 1,500,000
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124 Coral Way Way E

Indialantic, FL, 32903
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 9,358

124 Coral Way Way E, Indialantic, FL 32903 - Image 1
124 Coral Way Way E, Indialantic, FL 32903 - Image 2
Studio

Multi-Family Home for sale in Indialantic, FL

for $1,500,000. The lot size is 0.57.

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.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,017

Style

Multi Family

Lot Size

0.57

Town/City

Indialantic

County/Region

Brevard

MLS | Web ID

1051378

Features
General
Sewer Public Sewer
Heating None
Cooling Other
Utilities Electricity Available Water Available
Possession Close Of Escrow
Construction Materials Other
Property Subtype Multi Family
Tax Year 2024
Current Use Unimproved
Additional Parcels Description 2716292
County Brevard
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Eden Estates
Garage Y/N N
Full Baths 0
Status Active
Directions A1A South of Eau Gallie Causeway to Coral Way. West on Coral Way
High School Melbourne
City Indialantic
Senior Community Y/N N
Number Of Units Total 0
MLS Area 383 - N Indialantic
Lot Size Units Acres
Lot Size Square Feet 24829.0
Carport Y/N N
Elementary School Indialantic
Tax Annual Amount 3017.25
Home Warranty Y/N N
Middle/Junior High School Hoover
Lease Renewal Y/N N
MLS Area Minor 383 - N Indialantic
Lease Considered Y/N N
Standard Status Active
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Exterior
Lot Features Cleared
Water Source Public
Lot Size Area 0.57
Spa N
Lot Size Acres 0.57
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Half Baths 0
Total Bedrooms 0
Total Baths 0
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Internal Only
Street Number 1 124
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* Excluded Features
List By
Relentless Real Estate Co.

Broker

cscottloveridge@gmail.com

Email

Affordability Calculator

$9,609
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1362948 Elementary School
1363002 Middle School
Melbourne High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2025$1,500,000 -16.67% Price Down
7/10/2025$1,800,000 Listed Price

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124 Coral Way Way E, Indialantic, FL, 32903 is a Multi-Family Home for sale at $1,500,000 with a lot size of 0.57. 124 Coral Way Way E is a studio with 0.0 baths. The property's zip code is 32903 which is in Indialantic, FL