351 N Shannon Ave, Indialantic, FL 32903
Local realty services provided by:CENTURY 21 Carioti
Listed by: tamara lima
Office: beachfront realty inc
MLS#:A11820099
Source:SEFMLS
Price summary
- Price:$869,000
- Price per sq. ft.:$58.68
About this home
Cash Only | Sold As-Is | Fully Occupied Coastal Triplex | One Block from the Beach | Corner Lot |
Opportunity to acquire a fully occupied, income-producing triplex located one block from the Atlantic Ocean along Second Avenue, one of Brevard County’s most supply-constrained beachside corridors.
Situated on an oversized 0.34-acre corner lot, this 7-bedroom / 5-bath property offers approximately 3,579 square feet under air with stable in-place rental income and clear long-term upside. Dual street frontage enhances future design flexibility, access, and exit optionality.
Zoning and lot size present multiple value-add and redevelopment strategies, including potential townhome development or unit reconfiguration for higher rents (buyer to verify). The coastal location, limited surrounding inventory, and walk-to-beach proximity support durable rental demand and appreciation.
Prime Indialantic location steps from the beach, dining, and local amenities—an area known for limited supply, strong tenant demand, and long-term coastal value.
Well-suited for investors or developers seeking immediate cash flow with repositioning or redevelopment potential.
Proof of funds required prior to access.
Contact an agent
Home facts
- Year built:1962
- Listing ID #:A11820099
- Updated:February 23, 2026 at 10:56 AM
Rooms and interior
- Flooring:Tile
- Living area:3,579 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1962
- Building area:3,579 sq. ft.
- Construction Materials:Block, Frame
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$869,000
- Price per sq. ft.:$58.68
- Tax amount:$9,846 (2024)
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