312 Wavecrest Avenue Indialantic, FL $ 2,250,000
312 Wavecrest Avenue
$ 2,250,000
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312 Wavecrest Avenue

Indialantic, FL, 32903
$ 2,250,000
Bedrooms6 Baths6.2 Sq 4,455

Monthly Estimate*

$ 14,037

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Multi-Family Home for sale in Indialantic, FL

for $2,250,000 with 6 bedrooms and 6 full baths, 2 half baths. This 4,455 square foot home was built in 1979 on a lot size of 0.23.

Legal short term rental Triplex along the Atlantic Ocean in the heart of the Indialantic Tourist District. Rare investment and lifestyle opportunity awaits at this one-of-a-kind property. Each of the three town homes is approx.1500 sq ft, fully furnished and turn-key. Each unit features 2 bedrooms, 2 full baths (2 of the units also have an additional 1/2 bath), private 1 car garage and private courtyard with hot tub, easily sleeps 6. As an established high-performing weekly rental, the property offers flexibility such as option to live in one unit while renting out the others, rent all three to maximize income,or use one unit as a seasonal retreat with built-in ROI. Perfect location walk/bike to unique restaurants, coffee shops, beach bars, grocery stores, Surf shops and boutiques.Only 65 miles from Disney World with an essentially no-turn drive straight on 1-92 making this one of the closest coastal accommodations to the Disney parks.Flexible tourist zoning allows for redevelopment a range of future uses-excellent long term redevelopment potential

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Multi-Family Active

Price

$ 2,250,000

Bedrooms

6

Full Bath

6

Half Bath

2

Property Type

Multi-Family

Taxes

$ 15,415

Style

Triplex

Lot Size

0.23

Year Built

1979

Town/City

Indialantic

County/Region

Brevard

MLS | Web ID

1055788

Features
General
Living Area 4455.0
Sewer Public Sewer
Heating Central Heat Pump
Cooling Central Air Electric
Utilities Cable Connected Electricity Connected
Appliances Dishwasher Disposal Dryer Electric Range Electric Water Heater Microwave Refrigerator Washer
Garage Spaces 3.0
Construction Materials Block Concrete Stucco
Year Built 1979
View Beach Ocean
Property Subtype Triplex
Tax Year 2023
Current Use Multi-Family
Additional Parcels Description 2731354
County Brevard
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Indialantic By The Sea
Facing Direction East
Garage Y/N Y
Full Baths 6
Status Active
Directions East on 1-92 to the very end turn right on Wavecrest property on right
High School Melbourne
City Indialantic
Senior Community Y/N N
Number Of Units Total 3
MLS Area 384-Indialantic/Melbourne Beach
Lot Size Units Acres
Lot Size Square Feet 10019.0
Carport Y/N N
Elementary School Indialantic
Tax Annual Amount 15415.8
Home Warranty Y/N N
Middle/Junior High School Hoover
Lease Renewal Y/N N
MLS Area Minor 384-Indialantic/Melbourne Beach
Lease Considered Y/N N
Virtual Tour https://www.zillow.com/view-imx/e996ba46-a612-41ab-b869-866ca519a751?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
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Exterior
Exterior Amenities Balcony Courtyard Fire Pit Storm Shutters
Fencing Back Yard Fenced Wood
Water Source Public
Lot Size Area 0.23
Number of Buildings 1
Spa N
Lot Size Acres 0.23
Waterfront Y/N N
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Tile Wood
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 2
Total Bedrooms 6
Entry Level 1
Total Baths 8
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Internal Only
Street Number 1 312
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* Excluded Features
List By
Engel&Voelkers Melb Beachside

Broker

heather.boesch@evrealestate.com

Email

Affordability Calculator

$15,322
Per Month
92%
8%
0%
Monthly Principal & Interest
$14,037
Monthly Property Taxes
$1,285
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
9/22/2025$2,250,000 -8.16% Price Down
8/29/2025$2,450,000 Listed Price

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312 Wavecrest Avenue, Indialantic, FL, 32903 is a Multi-Family Home for sale at $2,250,000 with 4,455 sqft and a lot size of 0.23. 312 Wavecrest Avenue has 6 bedrooms, 6.2 baths, and was built in 1979. The property's zip code is 32903 which is in Indialantic, FL