124 Coral Way Way E Indialantic FL 32903
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
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