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$1,500,000

  • For Sale
  • Active
  • Multi-Family
  • 0.57 Acres
  • Updated 5 days ago
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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.

Full Property Details for 124 Coral Way Way E

General

  • Price: $1,500,000
  • Taxes: $3,017 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: BrevardCounty
  • MLS ID: 1051378
  • Updated: 1/11/2026
  • Added to Site: 191 day(s) ago

Location

  • Area: 383 - N Indialantic
  • County: Brevard
  • Subdivision: Eden Estates
  • Driving Directions: A1A South of Eau Gallie Causeway to Coral Way. West on Coral Way

School Information

  • Elementary School: Indialantic
  • Middle School: Hoover
  • High School: Melbourne

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Water Available

Structural Information

  • Exterior Const.: Other
  • Current Bldg. Use: Unimproved

Lot Features

  • Lot Size (Acres): 0.57
  • Lot Size (Sq. Ft.): 24,829
  • Frontage: City Street
  • Lot Features: Cleared

Financial Considerations

  • Tax Amount: $3,017.25
  • Tax Year: 2024
  • Terms: Cash, Conventional, Other

Disclosures and Reports

  • Special Conditions: Corporate Owned
  • Property ID: 27-37-13-78-00002.0-0008.00

Listed by Relentless Real Estate Co.

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Listing agents

— 124 Coral Way Way E —

  • Relentless Real Estate Co.

  • Relentless Real Estate Co.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 124 Coral Way Way E

School District:Brevard County School District
NameGradesDistance
Indialantic Elementary School
1050 Palm Avenue North, Indialantic, FL 32903
K-62.2 mi
Herbert C. Hoover Middle School
2000 Hawk Haven Drive, Indialantic, FL 32903
7-82.1 mi
Melbourne Senior High School
74 Bulldog Boulevard, Melbourne, FL 32901
9-123.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 124 Coral Way Way E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/12/2025
Price Reduced
$1,500,000
-16.67%
MLS
7/10/2025
Listed
$1,800,000
111.76%
MLS
10/28/2024
Sold
$850,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 124 Coral Way Way E

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,253
1%
$350,000
—
2024
$4,219
40%
$350,000
43%
2023
$3,017
11%
$245,000
17%
2021
$2,728
-1%
$210,000
-11%
2022
$2,757
1%
$235,000
-11%
2021
$2,728
36%
$264,780
71%
2019
$2,005
—
$154,830
2%
2018
$2,006
-1%
$151,950
2%
2017
$2,020
-1%
$148,830
2%
2016
$2,048
-2%
$145,770
1%
2015
$2,097
-1%
$144,760
1%
2014
$2,109
—
$143,620
1%
2013
$2,110
—
$141,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Relentless Real Estate Co.

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124 Coral Way Way E, Indialantic, FL 32903 (MLS# 1051378) is a Multi-Family property with 0 units containing 0 bedrooms and 0 full bathrooms. 124 Coral Way Way E is currently listed for $1,500,000 and was received on July 10, 2025. Want to learn more about 124 Coral Way Way E? Do you have questions about finding other Multi-Family real estate for sale in Indialantic? You can browse all Indialantic real estate or contact a Coldwell Banker agent to request more information.

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