This Multifamily Property is no longer advertised on LoopNet.com.

312 Wavecrest Ave
Indialantic, FL 32903
Wave Crest · Multifamily Property For Sale · 3 Units

Investment Highlights

  • Rare Legal Short-Term Rental Zoning One of the few oceanfront properties in Indialantic where short-term rentals are allowed—most of the surrounding a
  • Turnkey Triplex with Income History Each unit is fully equipped and income-ready, with established rental history and guest appeal.
  • Unique Property Type The only oceanfront non-condo, non-commercial multifamily property of its kind in the area.
  • Flexible Live/Lease Setup Owners have occupied one unit while successfully operating the other two as Airbnb rentals, offering an ideal blend of lifes
  • 100 Feet of Direct Ocean Frontage High-exposure corner lot with premium visibility and beach access, just steps from dining, shops, and entertainment.
  • Future Flexibility Zoned for a wide range of potential uses, offering long-term redevelopment or repositioning potential.

Property Facts

No. Units 3
Property Type
Multifamily
  • General Retail Storefront Retail/Residential
  • Multifamily Apartments
Apartment Style Townhome
Lot Size 0.23 AC
Building Size 5,516 SF
No. Stories 2
Year Built 1979
Parking Ratio 0.54/1,000 SF
Zoning T

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Kitchen
  • Oven
  • Tub/Shower
  • Views
  • Family Room
  • Patio
  • Window Coverings

Site Amenities

  • Private Bathroom

Property Taxes

Property Taxes

Parcel Number
27-38-31-EO-00038.0-0015.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$917,280
  • Listing ID: 37016763

  • Date on Market: 7/30/2025

  • Last Updated:

  • Address: 312 Wavecrest Ave, Indialantic, FL 32903

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