124 Coral Way Way E

Rare Beachside Development Lot - STR Zoning + Approved Permits Shovel-ready and short-term rental approved! This cleared 100' x 250' (.57-acre) lot is fully permitted for an 8-unit townhome project—two buildings with four units each. Each planned unit is over 2,250 sq ft, featuring 3 beds + loft, 2.5 baths, and a 2-car garage. Located just blocks from the beach in one of Indialantic's only STR-approved zones, this parcel is ideal for investors or builders looking for a turnkey development play. Plans, permits, and renderings included—build now or hold for future upside.