Current Price:$879,000List Date:5/12/2026Last Modified:6/26/2026
Overview
Description
Prime Beachside Redevelopment Opportunity with Unobstructed Rocket Launch Views! Rare road-to-road 0.36-acre parcel in the heart of Indialantic offering exceptional flexibility for investors, builders, and end users. The property extends from Franklyn Avenue to Grosse Pointe and includes an existing 4bed/2bath concrete block home, providing immediate occupancy, rental income, or a holding opportunity while planning redevelopment.
Current RU-1-11 zoning allows the parcel to be divided into 2 single-family homes with future rezoning potential to RU-2-12 (up to four multifamily units with a 45-foot building height or RA-2-6 (2 luxury townhomes). Buyers should verify all zoning and development during due diligence.
Located just one block from A1A and public beach access, this oversized parcel is within walking distance of restaurants, shopping, parks, and everything that makes beachside living so desirable.
Whether you're looking to build, develop, invest, or enjoy the existing h...(Read more)Prime Beachside Redevelopment Opportunity with Unobstructed Rocket Launch Views! Rare road-to-road 0.36-acre parcel in the heart of Indialantic offering exceptional flexibility for investors, builders, and end users. The property extends from Franklyn Avenue to Grosse Pointe and includes an existing 4bed/2bath concrete block home, providing immediate occupancy, rental income, or a holding opportunity while planning redevelopment.
Current RU-1-11 zoning allows the parcel to be divided into 2 single-family homes with future rezoning potential to RU-2-12 (up to four multifamily units with a 45-foot building height or RA-2-6 (2 luxury townhomes). Buyers should verify all zoning and development during due diligence.
Located just one block from A1A and public beach access, this oversized parcel is within walking distance of restaurants, shopping, parks, and everything that makes beachside living so desirable.
Whether you're looking to build, develop, invest, or enjoy the existing home
Supplements:while planning your next project, 107 Franklyn Avenue offers one of Indialantic's most compelling beachside opportunities.
Listing Details MLS# 1062648
General Property Information
Bedrooms Total
4
Bathrooms Total
2
Bathrooms Full
2
Living Area
1616
Living Area Source
Appraiser
Accessibility Features YN
No
New Construction YN
No
Year Built
1964
Garage YN
Yes
Garage Spaces
2
Carport YN
No
Lot Size Acres
0.36
Lot Size Square Feet
15682
Association YN
No
CDD Fee YN
No
Community Fee(s) YN
No
Waterfront YN
No
Furnished
Unfurnished
Stories
Yes
Direction Faces
North
Senior Community YN
No
Pool Private YN
No
List Price/SqFt
543.94
Bathrooms Half
0
Property Features
Construction Materials:Block; ConcreteCooling:Central AirCurrent Use:ResidentialElectric:200+ Amp ServiceHeating:CentralListing Terms:Cash; Conventional; OtherLot Features:ClearedParking Features:GaragePets Allowed:YesPossession:Close Of EscrowRoof:ShingleSewer:Public SewerShowing Requirements:Lockbox; Showing ServiceSpecial Listing Conditions:StandardUtilities:Electricity Available; Water AvailableWater Source:PublicRoom Types:Primary Bedroom
Contract Information
Original List Price
889000
Listing Contract Date
2025-11-20
Property Sub Type
Single Family Residence
Location Tax and Legal
Street Number
107
Street Name
Franklyn
Street Suffix
Avenue
County
Brevard
State
FL
Postal Code
32903
MLS Area Major
383 - N Indialantic
Subdivision Name
NORTH INDIALANTIC BY THE SEA REPLAT OF
Remarks and Miscellaneous
Public Remarks
Prime Beachside Redevelopment Opportunity with Unobstructed Rocket Launch Views! Rare road-to-road 0.36-acre parcel in the heart of Indialantic offering exceptional flexibility for investors, builders, and end users. The property extends from Franklyn Avenue to Grosse Pointe and includes an existing 4bed/2bath concrete block home, providing immediate occupancy, rental income, or a holding opportunity while planning redevelopment.
Current RU-1-11 zoning allows the parcel to be divided into 2 single-family homes with future rezoning potential to RU-2-12 (up to four multifamily units with a 45-foot building height or RA-2-6 (2 luxury townhomes). Buyers should verify all zoning and development during due diligence.
Located just one block from A1A and public beach access, this oversized parcel is within walking distance of restaurants, shopping, parks, and everything that makes beachside living so desirable.
Whether you're looking to build, develop, invest, or enjoy the existing home
1402 Jimmy Buffett Mem Hwy ste a, Satellite Beach, FL 32937
DPR Eligible
DPR Eligible
No
Legal Details
Permission Granted to Advertise
Yes
Room Types
Primary Bedroom Level
Main
Primary Bedroom
Yes
Location, Tax, and Legal
Tax Account
2731680
Parcel Number
27-38-31-Ew-0000f.0-0004.00
General County Location
South
Elementary School
Indialantic
Middle School
Hoover
High School
Melbourne
Tax Year
2025
Directions
From Eau Gallie BLVD, head south on A1A toward Indialantic. Turn right onto Franklyn Avenue and is on the left. The lot extends from Franklyn Avenue through to Grosse Pointe Avenue.
Construction Materials
Block
Yes
Concrete
Yes
Cooling
Central Air
Yes
Current Use
Residential
Yes
Electric
200+ Amp Service
Yes
Heating
Central
Yes
Listing Terms
Cash
Yes
Conventional
Yes
Other
Yes
Lot Features
Cleared
Yes
Parking Features
Garage
Yes
Pets Allowed
Yes
Yes
Possession
Close Of Escrow
Yes
Roof
Shingle
Yes
Sewer
Public Sewer
Yes
Special Listing Conditions
Standard
Yes
Utilities
Electricity Available
Yes
Water Available
Yes
Water Source
Public
Yes
Showing Requirements
Lockbox
Yes
Showing Service
Yes
Room Information
Room Name
Level
Primary Bedroom
Main
Listing Office:
Relentless Real Estate Co.
Last Updated: June - 26 - 2026
Information is deemed to be reliable, but is not guaranteed.