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351 N Shannon Ave, Indialantic FL 32903

Multi-family For Sale
$869,000

BTC: 28.96666667

ETH: 434.50000000

-$10K (2025/07/22)
176 days
0 room(s)
3,579 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1962
Lot:
No Data
Heating:
Other
Price/sqft:
$243
Cooling:
Other
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Other

    Cooling

    • Other

  • Other Property Information

    • Parcel Number: 27-38-31-EO-65-1

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $9,846

  • Source details

    • MLS ID: A11820099

    Other facts

    • Construction Materials: Concrete Block Construction / Frame

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Architectural Style: Detached

    • Living Area: 3579

    • Subdivision Name: INDIALANTIC BY THE SEA

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc