Rare Coastal Triplex with Steady Income and Redevelopment Upside

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Townhome/Townhouse For Sale

351 N Shannon Ave

Indialantic, Florida 32903

Brevard County

Community: Indialantic By The Sea

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$869,000 7 br, 5.0 bath 3579 sq. ft. 0.000 acres

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.

Interior:
  • Bedrooms: 7
  • Baths: 5.0
  • Sq Ft: 3579
  • Year Built: 1962
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Block, Frame
  • Roof: Shingle
  • Property Taxes: $9,846
  • MLS #: A11820099
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Contact Information:
Beach Townhome/Townhouse For Sale in Indialantic, Florida
Listing Agent: Tamara Lima, Beachfront Realty, Inc, 305-405-0615, 305-405-0615 Listing Site, Listing Status: Active
Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6286747
Viewed 65 times.
Updated: Jul 22, 2025

This property is a Townhome/Townhouse located at 351 N Shannon Ave, Indialantic, Florida 32903, and is currently For Sale at $869,000. This Townhome/Townhouse has 7 bedrooms, 5.0 baths, 3579 sq ft.