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312 Wavecrest Ave 3 Unit Apartment Building Offered at $2,250,000 Indialantic, FL 32903
EXECUTIVE SUMMARY
Legal short term rental Triplex along the Atlantic Ocean in the heart of the Indialantic Tourist District. Rare investment and lifestyle opportunity awaits at this one-of-a-kind property. Each of the three town homes is approx.1500 sq ft, fully furnished and turn-key. Each unit features 2 bedrooms, 2 full baths (2 of the units also have an additional 1/2 bath), private 1 car garage and private courtyard with hot tub, easily sleeps 6. As an established high-performing weekly rental, the property offers flexibility such as option to live in one unit while renting out the others, rent all three to maximize income, or use one unit as a seasonal retreat with built-in ROI. Perfect location walk/bike to unique restaurants, coffee shops, beach bars, grocery stores, Surf shops and boutiques. Only 65 miles from Disney World with an essentially no-turn drive straight on 1-92 making this one of the closest coastal accommodations to the Disney parks. Flexible tourist zoning allows for redevelopment a range of future uses-excellent long term redevelopment potential
PROPERTY FACTS
| Price | $2,250,000 | Apartment Style | Townhome |
| Price Per Unit | $750,000 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 5,516 SF |
| Sale Condition | Redevelopment Project | No. Stories | 2 |
| No. Units | 3 | Year Built | 1979 |
| Property Type | Multifamily | Parking Ratio | 0.54/1,000 SF |
| Zoning | T | ||
| Price | $2,250,000 |
| Price Per Unit | $750,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 3 |
| Property Type | Multifamily |
| 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
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312 Wavecrest Ave
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