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107 Franklyn
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PRICED AT ONLY: $889,000

Address: 107 Franklyn, INDIALANTIC, FL 32903

Description

Prime Beachside Redevelopment Opportunity Road to Road .36 Acre Lot in Indialantic parcel offering multiple development paths. Property extends from Franklyn Ave to Grosse Pointe and includes an existing 4 bedroom, 2 bath concrete block home for occupancy or rental income. Current zoning RU 1 11 allows the lot to be split for two single family homes. Future rezoning options RU 2 12 (4 multifamily units) with 45' height or RA 2 6 (2 townhomes) Located one block from A1A and close to beach access, shopping, and dining. A rare, flexible opportunity in an unbeatable beachside location.

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  • MLS#: O6362507 ( Residential )
  • Street Address: 107 Franklyn
  • Viewed: 6
  • Price: $889,000
  • Price sqft: $550
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 1616
  • Bedrooms: 4
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 2
  • Days On Market: 9

Description

Prime Beachside Redevelopment Opportunity Road to Road .36 Acre Lot in Indialantic parcel offering multiple development paths. Property extends from Franklyn Ave to Grosse Pointe and includes an existing 4 bedroom, 2 bath concrete block home for occupancy or rental income. Current zoning RU 1 11 allows the lot to be split for two single family homes. Future rezoning options RU 2 12 (4 multifamily units) with 45' height or RA 2 6 (2 townhomes) Located one block from A1A and close to beach access, shopping, and dining. A rare, flexible opportunity in an unbeatable beachside location.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Private Mailbox, Private Yard, Sidewalk
  • Flooring: Ceramic Tile
  • Living Area: 1616.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Built-In Oven
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s)
  • Legal Description: NORTH INDIALANTIC BY THE SEA, REPLAT OF E 103.5 FT OF LOT 4 BLK F
  • Levels: One
  • Area Major: 32903 - Indialantic/Melbourne
  • Occupant Type: Owner
  • Parcel Number: 2731680
  • Possession: Close Of Escrow
  • Zoning Code: RU-1-11
Nearby Subdivisions
Cloisters Ph Iiid   Indialantic By The Sea Sec G   North Indialantic By The Sea R   Rio Lindo Subdivision   Rio Villa  
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  1. Bedrooms: 4
  2. Baths: 4
  3. Approx. 4362 sqft
  1. MLSID: O6340567
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