139 2nd AVE Indialantic, FL 32903
3,579 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,579 sqft
Price per Sqft $223
Subdivision Indialantic By The Sea
MLS Listing ID A11984306
HOA Y/N No
Year Built 1962
Annual Tax Amount $11,005
Tax Year 2025
Property Sub-Type Triplex
Property Description
Rarely does a coastal multi-family opportunity of this caliber come to market. Located just one block from the Atlantic in sought-after Indialantic, this fully occupied triplex sits on an oversized 0.34-acre corner lot and delivers immediate income with long-term upside in one of Brevard County's most desirable beachside communities.
The property spans approximately 3,579 SF under air across three units totaling 7 bedrooms and 5 bathrooms (14810 SF lot size) — a substantial footprint that is difficult to replicate at this price point and proximity to the ocean. All units are currently occupied, offering a seamless transition for the incoming owner.
Beyond its current performance, the oversized corner site presents compelling future potential — whether through strategic renovations, repositioning to premium rental rates, or possible redevelopment, subject to buyer verification of applicable zoning requirements.
Sold As-Is. Proof of funds required. Serious and qualified inquiries only. Some images shown are artistic renderings or virtual renovations for illustrative purposes only.
Location
State FL
County Brevard
Community Indialantic By The Sea
Area 6371 Brevard County (E Of Indian River)
Direction Use GPS
Interior
Heating Other, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 5
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Public Sewer
Level or Stories Two
Structure Type Block,Frame,Stucco
Others
Tax ID 27-38-31-EO-65-1
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11984306
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