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Indialantic By The Sea

$879,000

351 N Shannon Ave, Indialantic, FL 32903

Active
Last Updated: 06/13/2025

14,810 sqft

Building Size

1

Units

Details:
Building Size:    14,810 sqft
Units:    1
Year Built:    1962
Floors:    2
Parking Spots:    5
Gross Leaseable Area:    3,579
Highlights:
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Documents Available: Deposit - Last Months Rent, Deposit - Security
  • Architectural Style: Detached
  • Cooling: Other
  • Heating: Other
  • Flooring: Tile
  • Construction Materials: Concrete Block Construction, Frame
Description:

Prime Developer Opportunity – 7BR/5BA Triplex on Corner Lot Just One Block from the Beach!
Exceptional value in a high-demand coastal location, this fully occupied 7-bedroom, 5-bathroom triplex fixer-upper sits on an expansive 0.34-acre corner lot, offering immediate rental income and incredible potential for future development. Zoned for maximum flexibility, this property may allow for townhome construction with separate entrances on different street fronts—making it ideal for developers or savvy investors. Located just steps from the beach, popular restaurants, and local attractions, this is your chance to secure a unique parcel in a thriving area. Don’t miss this rare opportunity to transform a prime piece of land into a standout coastal asset.

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