124 Coral Way Way E Indialantic FL 32903

Address
124 Coral Way Way E, Indialantic, FL
Price
$ 1,500,000
Property Attributes
  • MLS#1051402
  • TypeLand
  • Listing Status Active
  • CountyBrevard
  • CityIndialantic
  • AreaN Indialantic
  • NeighborhoodEden Estates
  • Zip32903
  • StyleUnimproved Land
  • Taxes$ 3017
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.57 Acres
Data Source:
Space Coast AOR
Property 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.

Elementary School Middle School High School
Indialantic Elementary School Hoover Middle School Melbourne High School
Price History
2/20/2026 Listed $1,500,000

General Features

Sewer Public Sewer
Utilities Electricity Available,Water Available
Possession Close Of Escrow
Property Subtype Unimproved Land
Tax Year 2024
Current Use Unimproved
County Brevard
Property Type Land
Subdivision Name Eden Estates
Status Active
Directions A1A South of Eau Gallie Causeway to Coral Way. West on Coral Way
High School Melbourne
City Indialantic
Zoning Description Multi Family
MLS Area 383 - N Indialantic
Lot Size Units Acres
Lot Size Square Feet 24829
Elementary School Indialantic
Tax Annual Amount 3017.25
Middle/Junior High School Hoover
MLS Area Minor 383 - N Indialantic
Standard Status Active

Exterior Features

Lot Features Cleared
Water Source Public
Lot Size Area 0.57
Lot Size Acres 0.57

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32903

Price
AVG $930K
$1.5M
Taxes
AVG $4,607
$3,017

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