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

351 NORTH SHANNON AVE #3, Indialantic

$869,000 USD
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Address351 NORTH SHANNON AVE #3, Indialantic
Building NameINDIALANTIC BY THE SEA
Type of PropertyTriplex
Property StyleTriplex
Price$869,000
Previous Price$879,000 (10 days ago)
Property StatusActive
MLS NumberA11820099
Living Area3579
Year Built1962
Parking Space Number5
Folio Number27-38-31-EO-65-1
Zoning InformationR-2
Days on Market108

Detailed Description: 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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Address Information
StateFlorida
CityIndialantic
CountyBrevard County
Zip Code32903
Address351 NORTH SHANNON AVE
Section31
Financial Information
Price$869,000
Price per Foot$0
Previous Price$879,000
Folio Number27-38-31-EO-65-1
Tax Amount$9,846
Tax Year2024
Full Descriptions
Detailed DescriptionRare 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.
How to ReachPlease make sure to follow GPS and put North before Shannon Ave. It’s on the corner of Second Ave.
Roof DescriptionShingle
Floor DescriptionTile
Cooling DescriptionOther
Heating DescriptionOther
Sewer DescriptionPublic Sewer
Property parameters
Living Area3579
Zoning InformationR-2
Year Built1962
Type of PropertyTriplex
StyleTriplex
Building NameINDIALANTIC BY THE SEA
Development NameINDIALANTIC BY THE SEA
Construction TypeConcrete Block Construction,Frame
Stories Number2.000
Street DirectionNorth
Parking Space Number5
Listed withBeachfront Realty Inc