Active

124 Coral Way Way

Indialantic, FL 32903

$1,500,000 $6,324/Mo

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Overview

0.57

Acre(Lot)

Description

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.

Property Details

Property Type : Land

Price : $1,500,000

AD Id : 65916460

MLS Id : 1051402

Lot Size : 0.57 Acre(Lot)

County : Brevard

Subdivision: Eden Estates

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Sewer: Public Sewer
Heating & Cooling

WaterSource: Public

Lot Information

Lot Description: Cleared Lot Size Area: 0.57 Acres Lot Square Feet: 24,829

Property Information

Property Type: Land Sub Type: Unimproved Land Subdivision: Eden Estates MLS Area Minor: 383 - N Indialantic Source Neighborhood: Eden Estates

Listing Price Information

Listing Id: 1051402 ist Price: $1,500,000 Original List Price: $1,800,000 Listing Terms Cash, Conventional, Other
Listing Information

Possession: Close Of Escrow

Tax Information

Parcel Number: 27-37-13-78-00002.0-0008.00 Annual Tax: $3,017 Tax Year: 2024

School Information

Elementary School: Indialantic

Elementary School District:

Junior High School: Hoover

Senior High School: Melbourne
Utility Information

Electricity Available, Water Available
Location Information

Direction: A1A South of Eau Gallie Causeway to Coral Way. West on Coral Way

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