116 Coral Way E Indialantic, FL 32903
--
Bed
--
Bath
1,058
Sq Ft
0.57
Acres
About This Home
As of March 2025Rare opportunity to create your own masterpiece on this .57 acre home site, just a short stroll to the nearby beach access and seconds from all of the conveniences along the Eau Gallie Blvd commercial corridor. Would be an amazing location for a larger, estate home, but is also zoned multi family for up to 5 townhomes/condos and also carries the coveted resort zoning which would allow for short term rentals. Neighboring .57 acre property also for sale, creating a superior development opportunity to combine the 2 and do a more substantive project there! There was a previous home on the property, so should be able to avoid any impact fees and the property is cleared and ready to go !
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,017
Year Built
- 1952
Lot Details
- 0.57 Acre Lot
- Lot Dimensions are 251 x 100
- Cleared Lot
- Zoning described as Multi Family
Home Design
- Asphalt
Schools
- Indialantic Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Cable TV Available
Community Details
- No Home Owners Association
- Eden Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 27-37-13-78-00002.0-0006.00
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $525,000 | -12.4% | $496 / Sq Ft |
| 02/07/2025 02/07/25 | Pending | -- | -- | -- |
| 04/27/2024 04/27/24 | Price Changed | $599,000 | -7.7% | $566 / Sq Ft |
| 03/08/2024 03/08/24 | For Sale | $649,000 | +127.7% | $613 / Sq Ft |
| 12/23/2023 12/23/23 | Off Market | $285,000 | -- | -- |
| 12/07/2017 12/07/17 | Sold | $285,000 | 0.0% | $269 / Sq Ft |
| 10/16/2017 10/16/17 | Pending | -- | -- | -- |
| 10/10/2017 10/10/17 | For Sale | $285,000 | -- | $269 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $3,017 | $245,000 | $245,000 | $0 |
| 2022 | $2,782 | $235,000 | $0 | $0 |
| 2021 | $2,922 | $225,000 | $225,000 | $0 |
| 2020 | $2,857 | $225,000 | $225,000 | $0 |
| 2019 | $2,655 | $200,000 | $200,000 | $0 |
| 2018 | $3,170 | $211,970 | $200,000 | $11,970 |
| 2017 | $3,141 | $195,500 | $150,000 | $45,500 |
| 2016 | $1,194 | $125,000 | $125,000 | $0 |
| 2015 | $874 | $125,000 | $125,000 | $0 |
| 2014 | $931 | $125,000 | $125,000 | $0 |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $525,000 | State Title Partners | |
| Warranty Deed | $525,000 | State Title Partners | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $285,000 | Waterview Title Services Llc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Similar Homes in Indialantic, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1007269
APN: 27-37-13-78-00002.0-0006.00
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