124 Coral Way Way E, Indialantic, FL 32903

Property Description

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.

Listing Status:

Active

Date Added:

January 11, 2026

Data Last Updated:

June 21, 2026 at 7:37AM

Listing Office:

Relentless Real Estate Co. : 321-302-0763

Listing Agent:

Scott Loveridge : 321-302-0763

MLS ID:

1051378

Interior

• A/C: Other
• Heating: None

Construction

• General: Other

Location

• Road/Access: City Street
• Originating MLS: Space Coast MLS (Space Coast Association of REALTORS®)
• County: Brevard

Lot

• Zoning: 27-37-13-78-00002.0-0008.00
• Current Use: Unimproved

Utilities

• Utilities: Electricity AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Space Coast MLS (Space Coast Association of REALTORS®)