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3579
Triplex, Residential Income
Cash Only | Sold As-Is | Fully Occupied Coastal Triplex | One Block from the Beach | Corner Lot | Opportunity to acquire a fully occupied, income-producing triplex located one block from the Atlantic Ocean along Second Avenue, one of Brevard County’s most supply-constrained beachside corridors. Situated on an oversized 0.34-acre corner lot, this 7-bedroom / 5-bath property offers approximately 3,579 square feet under air with stable in-place rental income and clear long-term upside. Dual street frontage enhances future design flexibility, access, and exit optionality. Zoning and lot size present multiple value-add and redevelopment strategies, including potential townhome development or unit reconfiguration for higher rents (buyer to verify). The coastal location, limited surrounding inventory, and walk-to-beach proximity support durable rental demand and appreciation. Prime Indialantic location steps from the beach, dining, and local amenities—an area known for limited supply, strong tenant demand, and long-term coastal value. Well-suited for investors or developers seeking immediate cash flow with repositioning or redevelopment potential. Proof of funds required prior to access.
This triplex home located at 351 N Shannon Ave, Indialantic FL 32903 is currently for sale and has been available on Brickellsold for 246 days. This property is listed at $869K. It has N/A beds, N/A bathrooms, and is 3579 square feet. It was built in 1962. 351 N Shannon Ave, Indialantic FL 32903 is in Indialantic county Brevard County.
