2 5th Avenue

Description:

Formerly a Starbucks, this high-visibility corner property sits at the foot of the 5th Avenue causeway in Indialantic, FL—one of the most trafficked beach access points on Florida’s Space Coast. The site offers direct oceanfront positioning, 20+ on-site parking spaces, and adjacency to public beach parking and the Indialantic boardwalk. Daily traffic counts exceed 19,000 vehicles on 5th Ave (SR 192) and 21,000 on A1A, with consistent pedestrian volume from tourists, beachgoers, and local residents. Zoning permits a wide range of commercial uses, including restaurants, QSR, retail, or professional services.

Indialantic sits between Cape Canaveral and Sebastian Inlet and benefits from year-round tourism, regional events, and a growing, affluent population base. Within a one-mile radius, the median household income exceeds $104,000, with continued growth in both population and housing through 2029. The area is part of the broader Melbourne MSA, supported by high-tech employers like L3Harris and Northrop Grumman, and saw a 14% employment increase year-over-year. This location is also two blocks from Publix and national QSRs, surrounded by a blend of independent dining and shopping destinations that draw heavy daily traffic.

Tourism in Brevard County generated $2.95 billion in direct spending in 2023, with nearly three million hotel nights booked. The boardwalk, beaches, and community events at Nance Park—all steps from the property—drive sustained foot traffic, bolstered by seasonal peaks and space launch events from nearby Cape Canaveral.

This site is one of the few true oceanfront commercial opportunities on the barrier island. Ideal for national credit tenants seeking strong visibility, stable demographics, and proven market demand.

Indialantic, Florida, is located in a coastal town on a barrier island between the Indian River Lagoon and the Atlantic Ocean. This prime spot offers easy access to beaches and water activities like surfing and swimming. The primarily residential neighborhood has a beach-town vibe and community feel. Nearby Fifth Avenue features local shops, cafes, and restaurants, while Nance Park provides recreational opportunities. The property, located near the Boardwalk and just steps from the beach, enjoys excellent visibility from the main road and benefits from neighboring businesses that attract customers.

1 Space Available