Property photo 1
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0 Beds
0 Baths

$1,500,000

124 Coral Way Way E, Indialantic FL, 32903

Price per sqftN/A
Property typeMulti-family

Overview

Active

Listed Jan 11, 2026

Updated Jul 21

Rare Indialantic Investment Opportunity! Fully permitted and shovel-ready 8-unit townhome project on a cleared .57-acre beachside lot zoned for short-term rentals (Airbnb/VRBO)—a true rarity in Indialantic! Plans approved for two buildings with four 3BR+Loft, 2.5BA, 2-car garage units each, totaling 8 income-producing townhomes. Each unit is over 2,250 sq ft with modern, coastal-inspired design and 10' ceilings. Walk to the beach, shops, and restaurants. Use your own builder or ours and break ground immediately. Pro forma rental income and comps available. Whether you build-to-rent or build-to-sell, this is the cash-flowing beachside project your portfolio needs. Permits + plans included. Zoned STR. Ready to build.

$9,980/mo

Est. mortgage payment based on a $1,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1051378

Interior Features

Bedrooms
0
Bathrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.57 Acres

Other Property Details

Taxes
$3,017
Tax Frequency
Annually

Courtesy of Relentless Real Estate Co., Scott Loveridge,
Listing Contact: 321-302-0763 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Zack Spurlock shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.

 

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