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$869,000
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Property Description
Cash Only | Sold As-Is | No Inspection | Triplex with Steady Income and Redevelopment Upside - Rare opportunity to acquire a fully occupied coastal triplex on an oversized 0.34-acre corner lot (3,579 sq.f. under AC), located one block from the beach in the heart of Indialantic. This 7BR / 5BA property offers immediate, stable cash flow with long-term upside in one of Brevard County's most supply-constrained coastal submarkets. 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. Proof of funds required. Serious inquiries only.
Full Property Details
Full Property Details for 351 N Shannon Ave
General
- Price: $869,000
- Taxes: $9,846 (2024)
- Status: Active
- Type: Triplex
- Source: Greater_Miami
- MLS ID: A11820099
- Updated: 1/13/2026
- Added to Site: 221 day(s) ago
Rental Information
- Rent Includes: None
Interior
- Flooring: Tile
Parking
- Total Spaces: 5
Location
- Area: Indialantic By The Sea
- County: Brevard County
- Subdivision: INDIALANTIC BY THE SEA
- Building Name: INDIALANTIC BY THE SEA
- Driving Directions: Please make sure to follow GPS and put North before Shannon Ave. It's on the corner of Second Ave.
Community
- Community Name: Indialantic By The Sea
- Units Assoc/Comm: 1
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Triplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction, Frame
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 14810
- Square Feet: 3,579
- Living Area: 3,579 Sq. Ft.
- Year Built: 1962
Unit Information
- Units in Complex: 1
Lot Features
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: R-2
Financial Considerations
- Price Per Sq. Ft.: $242.81
- Tax Amount: $9,846
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Deposit - Last Months Rent, Deposit - Security
- Legal Description: INDIALANTIC BY THE SEA LOTS 1, 2, 3 BLK 65
- Property ID: 27-38-31-EO-65-1
Listed by Beachfront Realty Inc
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Schools
Schools serving 351 N Shannon Ave
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Indialantic Elementary School 1050 Palm Avenue North, Indialantic, FL 32903 | K-6 | 0.6 mi |
Herbert C. Hoover Middle School 2000 Hawk Haven Drive, Indialantic, FL 32903 | 7-8 | 0.7 mi |
Melbourne Senior High School 74 Bulldog Boulevard, Melbourne, FL 32901 | 9-12 | 3.1 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 351 N Shannon Ave
Date
Details
Price
Change
Source
7/22/2025
Price Reduced
$869,000
-1.14%
MLS
6/10/2025
Listed
$879,000
—
MLS
Disclaimer: Historical sales 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 351 N Shannon Ave
351 N Shannon Ave, Indialantic, FL 32903 (MLS# A11820099) is a Triplex property with 0 bedrooms and 0 full bathrooms. 351 N Shannon Ave is currently listed for $869,000 and was received on June 10, 2025. Want to learn more about 351 N Shannon Ave? Do you have questions about finding other Triplex real estate for sale in Indialantic? You can browse all Indialantic real estate or contact a Coldwell Banker agent to request more information.

