Active

(MULTIPLE) Tanager Court

Indialantic, FL 32903

$1,695,000 $7,146/Mo

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Overview

Bed

Bath

0.30

Acre(Lot)

Description

A fully entitled, shovel-ready boutique luxury vacation rental development opportunity in one of Brevard County's most desirable beachside locations. SHOVEL-READY BEACHFRONT CORRIDOR DEVELOPMENT OPPORTUNITY! One of the few remaining boutique development sites directly across from the Atlantic Ocean in Indialantic, Florida. Approved for six residential units with SHORT TERM vacation RENTALS PERMITTED (one-week minimum), this exceptional property offers developers and investors the rare opportunity to move directly toward construction while significantly reducing planning time and entitlement risk. Available with site plans, architectural drawings, cabinetry plans and condominium documents, much of the pre-development work has already been completed, allowing the next owner to focus on execu tion rather than design. Potential tax planning advantages through qualifying bonus depreciation on improvements (consult tax advisor). Ideally positioned on A1A directly across from the Beach... Ideally positioned on A1A directly across from Paradise Beach Park, residents and guests will enjoy a protected crosswalk with traffic signal, beach access, restrooms, showers, picnic facilities and one of the Space Coast's most popular oceanfront destinations. Restaurants, shopping, entertainment and nightlife are all within walking distance, creating an exceptional lifestyle and vacation experience. Whether developed as luxury condominiums, second homes or income-producing vacation residences, this property combines an irreplaceable location with development-ready convenience and the flexibility of weekly rentals. Investors should consult their tax advisor regarding the HUGE potential bonus depreciation opportunities associated with qualifying improvements. An outstanding opportunity to secure a premier beachside development site in one of Florida's strongest coastal markets.

Property Details

Property Type : Land

Price : $1,695,000

AD Id : 82891915

MLS Id : 1079584

Lot Size : 0.30 Acre

Year Built : --

County : Brevard

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Sewer: Public Sewer
Heating & Cooling

WaterSource: Public

Road Types

Paved

Lot Information

Lot Description: Cleared, Cul-De-Sac Lot Size Area: 0.3 Acres Lot Square Feet: 13,068

Property Information

Property Type: Land Sub Type: Unimproved Land Subdivision: Paradise Cay Oceanside MLS Area Minor: 383 - N Indialantic Source Neighborhood: Paradise Cay Oceanside

Listing Price Information

Listing Id: 1079584 ist Price: $1,695,000 Listing Terms Cash, Conventional, Other
Listing Information

Possession: Close Of Escrow, Negotiable

Tax Information

Annual Tax: $18,602 Tax Year: 2025 Taxes: PART OF S 1004.1 FT OF GOVT LOT 6 W OF A1A AS DES IN ORB 1858 PG 577 EX ORB 2097 PG 453, 4256 PG 748 *(MULTIPLE LOTS)

Virtual Tour

Virtual Tour (External Link)

School Information

Elementary School: Indialantic

Elementary School District:

Junior High School: Hoover

Senior High School: Melbourne
Utility Information

Cable Available, Electricity Available, Sewer Available, Water Available
Location Information

Direction: Melbourne Causeway (5th Ave) to North on A1A. Property will be on the west side of A1A directly across from Paradise Beach., just before the traffic light at Paradise Blvd.

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