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107 Franklyn Avenue, Indialantic, FL 32903

$879,000

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Property Description

Prime Beachside Redevelopment Opportunity with Unobstructed Rocket Launch Views! Rare road-to-road 0.36-acre parcel in the heart of Indialantic offering exceptional flexibility for investors, builders, and end users. The property extends from Franklyn Avenue to Grosse Pointe and includes an existing 4bed/2bath concrete block home, providing immediate occupancy, rental income, or a holding opportunity while planning redevelopment.Current RU-1-11 zoning allows the parcel to be divided into 2 single-family homes with future rezoning potential to RU-2-12 (up to four multifamily units with a 45-foot building height or RA-2-6 (2 luxury townhomes). Buyers should verify all zoning and development during due diligence.Located just one block from A1A and public beach access, this oversized parcel is within walking distance of restaurants, shopping, parks, and everything that makes beachside living so desirable. Whether youre looking to build, develop, invest, or enjoy the existing home while planning your next project, 107 Franklyn Avenue offers one of Indialantics most compelling beachside opportunities.

107 Franklyn Avenue | MLS# 1062648

This single family home located at 107 Franklyn Avenue, Indialantic, FL 32903 is currently listed for sale with an asking price of $879,000. This property was built in 1964 and has 4 bedrooms and 2 full baths with 1616 sq. ft. Franklyn Avenue is located in the NORTH INDIALANTIC BY THE SEA REPLAT OF subdivision. Search NORTH INDIALANTIC BY THE SEA REPLAT OF real estate on www.bankeayanleke.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2
Heating: Central
Lot Size: 0.36 Acres
Roof Type: Shingle
Stories: 1.0
Year Built: 1964
Square Feet: 1,616

Feature Descriptions

Days on Site: 231
Exterior: Block, Concrete
Lot: Cleared
Parking Notes: Garage
Sewer: Public Sewer
Utility Features: Electricity Available, Water Available
Water: Public

Room Sizes

Primary Bedroom: Level - Main

Local Schools

High School: Melbourne
Middle School: Hoover
Elementary School: Indialantic

Listed By / Shown By

Listed By

Agency Name: Relentless Real Estate Co.
Agency Phone: 321-302-0763

Shown By

Agent Name: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 4,687.21 per month $4,430.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $256.38 Homeowner's Insurance

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