$498,000

Estimated payment $3,060/month

Total Views 1,841
0.45 Acre
$1,106,667 Price per Acre
19,602 Sq Ft Lot

Highlights

  • Wooded Lot
  • Indialantic Elementary School Rated A-
  • No HOA

About This Lot

Possible Ocean View | Corner Lot
This rare and prime residential-commercial vacant lot offers the perfect opportunity to build your dream home or take advantage of BU1-A zoning for commercial use. Situated on a spacious 0.45-acre corner lot, this property boasts the potential for an ocean view from the second floor if a two-story structure is built.
Enjoy quick beach access, with just a 30-second walk to the ocean crossover, where you can step directly onto the sand. The back of the property features a cement wall, providing added privacy and security.
Before proceeding, it's recommended to verify zoning and planning regulations to ensure your intended use aligns with requirements. Additionally, Airbnb rentals are permitted in this location, making it a fantastic investment opportunity.
With great restaurants and shops nearby, this property offers both convenience and a dream location for residential or commercial development.

Listing Agent

Shrinivas Joshi

Dream Realty License #3275055

Co-Listing Agent

Danielle Mallady

Dream Realty License #3334338

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,375

Lot Details

  • 0.45 Acre Lot
  • The property's road front is unimproved
  • Property fronts a private road
  • Property fronts a highway
  • Wooded Lot

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Community Details

  • No Home Owners Association
  • Terrace Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-25-05-0000f.0-0001.00

Property Details

Property Type

Land

Est. Annual Taxes

$3,375

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Wooded, Other
  • Road Frontage Type: City Street, Highway, Private Road, State Road, Unimproved
  • Co List Office Mls Id: spc.odreax
  • Co List Office Phone: 321-221-7866
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Terrace Shores
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.45
  • Waterfront: No
  • Lot Features:Wooded: Yes
  • Lot Features:Other21: Yes

Utilities

  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-25-05-0000f.0-0001.00
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3374.85

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 For Sale $498,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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    Section Image

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1041976

Space Coast MLS (Space Coast Association of REALTORS®)