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612 Wave Crest Avenue Indialantic, FL $ 2,200,000
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$ 2,200,000 Get more info
612 Wave Crest Avenue
$ 2,200,000
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612 Wave Crest Avenue

Indialantic, FL, 32903
$ 2,200,000
Bedrooms-- Baths5.0 Sq 2,681

Monthly Estimate*

$ 15,195

612 Wave Crest Avenue, Indialantic, FL 32903 - Image 1
612 Wave Crest Avenue, Indialantic, FL 32903 - Image 2
612 Wave Crest Avenue, Indialantic, FL 32903 - Image 3
612 Wave Crest Avenue, Indialantic, FL 32903 - Image 4

Commercial Property for sale in Indialantic, FL

for $2,200,000 with 5 full baths. This 2,681 square foot building was built in 1952 on a lot size of 0.12.

Rare direct-oceanfront 5-unit motel in the heart of Indialantic's beachside tourist district. Opportunities like this almost never come to market. Operating for years as an established vacation rental, this boutique property offers 5 furnished units steps from the sand, private porches with ocean breezes, and a guest hot tub overlooking the Atlantic Ocean. Run it as a turnkey short-term rental, live in one unit and rent the others, or hold it as a long-term coastal land play. The property is in a tourist-oriented zoning district with flexible future uses. Buyers should verify permitted uses with the Town of Indialantic. Walk to Fifth Avenue dining and shops. About 20 minutes to Melbourne Orlando International Airport and about an hour to Orlando's theme parks.

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Commercial Active

Price

$ 2,200,000

Full Bath

5

Property Type

Commercial

Taxes

$ 9,164

Style

Hotel/Motel

Lot Size

0.12

Year Built

1952

Town/City

Indialantic

County/Region

Brevard

MLS | Web ID

1089666
Features
General
Living Area 2681
Sewer Public Sewer
Heating Electric
Cooling Electric
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Membrane
Security Features 24 Hour Security Closed Circuit Camera(s)
Construction Materials Frame
Year Built 1952
Property Subtype Hotel/Motel
Tax Year 2025
Current Use Hotel/Motel
Waterfront Features Ocean Access Ocean Front
Building Name Ocean Front Cottages
County Brevard
Property Type Commercial Sale
Attached Garage false
Subdivision Name Indialantic By The Sea
Status Active
Directions When heading east on US192 make a right on hwy A1A then make a left on 8th ave right onto wave Crest and property will be on the right
City Indialantic
Number Of Units Total 5
MLS Area 384-Indialantic/Melbourne Beach
Lot Size Units Acres
Lot Size Square Feet 5227.2
Land Lease Y/N false
Tax Annual Amount 9164.19
MLS Area Minor 384-Indialantic/Melbourne Beach
Standard Status Active
Legal Description INDIALANTIC BY THE SEA LOTS 38 39 & 40 BLK 39
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 5
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Exterior
Parking Features Parking Lot
Lot Features Cleared
Water Source Public
Inclusions Furniture Fixtures and Equipment Business with Real Estate Building & Land
Lot Size Area 0.12
Building Area Total 2681
Lot Size Acres 0.12
Waterfront Y/N true
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* Excluded Features
List By
Arium Real Estate, Llc

Broker

mateom.realtor@gmail.com

Email

Affordability Calculator

$15,959
Per Month
95%
5%
0%
Monthly Principal & Interest
$15,195
Monthly Property Taxes
$764
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/9/2026$2,200,000 Listed Price

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612 Wave Crest Avenue, Indialantic, FL, 32903 is a Commercial Property for sale at $2,200,000 with 2,681 sqft and a lot size of 0.12. 612 Wave Crest Avenue has 5.0 baths and was built in 1952. The property's zip code is 32903 which is in Indialantic, FL

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