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$1,500,000
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Property Description
Rare Beachside Development Lot - STR Zoning + Approved Permits Shovel-ready and short-term rental approved! This cleared 100' x 250' (.57-acre) lot is fully permitted for an 8-unit townhome project-two buildings with four units each. Each planned unit is over 2,250 sq ft, featuring 3 beds + loft, 2.5 baths, and a 2-car garage. Located just blocks from the beach in one of Indialantic's only STR-approved zones, this parcel is ideal for investors or builders looking for a turnkey development play. Plans, permits, and renderings included-build now or hold for future upside.
Full Property Details
Full Property Details for 124 Coral Way Way E
General
- Price: $1,500,000
- Taxes: $3,017 (2024)
- Status: Active
- Type: Vacant Land
- Source: BrevardCounty
- MLS ID: 1051402
- Updated: 1/11/2026
- Added to Site: 192 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
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Water Available
Structural Information
- Current Bldg. Use: Unimproved
Lot Features
- Lot Size (Acres): 0.57
- Lot Size (Sq. Ft.): 24,829
- Lot Features: Cleared
Financial Considerations
- Tax Amount: $3,017.25
- Tax Year: 2024
- Terms: Cash, Conventional, Other
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 27-37-13-78-00002.0-0008.00
Listed by Relentless Real Estate Co.
Get Pre-Approved Today
Schools
Schools serving 124 Coral Way Way E
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Indialantic Elementary School 1050 Palm Avenue North, Indialantic, FL 32903 | K-6 | 2.2 mi |
Herbert C. Hoover Middle School 2000 Hawk Haven Drive, Indialantic, FL 32903 | 7-8 | 2.1 mi |
Melbourne Senior High School 74 Bulldog Boulevard, Melbourne, FL 32901 | 9-12 | 3.6 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
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
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
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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 124 Coral Way Way E
124 Coral Way Way E, Indialantic, FL 32903 (MLS# 1051402) is a Vacant Land property with a lot size of 0.57 acres. 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 Vacant Land real estate for sale in Indialantic? You can browse all Indialantic real estate or contact a Coldwell Banker agent to request more information.

