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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

351 N SHANNON AVE, INDIALANTIC, FL 32903

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Multi Family - INDIALANTIC BY THE SEA for Sale

351 N SHANNON AVE, INDIALANTIC, FL 32903

Asking Price$869,000 Change Price$10,000

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  • Days on market:

    99 day(s)
  • Adjusted Area:

    5710 sqft
  • Original Price:

    $879,000
  • Price per sqft:

    $242.81
  • Tax Legal Description:

    INDIALANTIC BY THE SEA LOTS 1,2,3 BLK 65
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Style:

    Triplex
  • Construction Type:

    Concrete Block ConstructionFrame
  • Roof:

    Shingle
  • Cooling Description:

    Other
  • Heating Description:

    Other
  • Floor Description:

    Tile
  • Lot Features:

    1/4 To Less Than 1/2 Acre Lot
  • Type of Association:

    None

Description

$869,000 • living size area 3579 sqft

Rare coastal triplex with steady income and redevelopment upside – 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.
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