Apartment for Sale, 351 N Shannon Ave, Indialantic, Florida 32903

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.