201 Mediterranean Way, Indian Harbour Beach, FL 32937
$1,495,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
57,064
Status:
Active
Current Price:
$1,495,000
List Date:
2/26/2026
Last Modified:
2/26/2026
Overview
Description
Supplements:
Listing Details MLS# 1070432
General Property Information
- Number Of Units Total
- Yes
- Year Built
- 2026
- Lot Size Acres
- 1.31
- Building Area Total
- 0
Property Features
Construction Materials:
Other
Current Use:
Unimproved
Listing Terms:
Cash; Other
Lot Features:
Other
Parking Features:
Other
Possession:
Close Of Escrow
Sale Includes:
Land Only
Sewer:
Public Sewer
Showing Requirements:
Call Listing Agent
Special Listing Conditions:
Corporate Owned
Utilities:
Sewer Available; Water Available
Water Source:
Public
Contract Information
- Original List Price
- 1495000
- Listing Contract Date
- 2026-02-26
- Property Sub Type
- Multi Family
- Comp Sale YN
- No
Location Tax and Legal
- Street Number
- 201
- Street Name
- Mediterranean
- Street Suffix
- Way
- County
- Brevard
- State
- FL
- Postal Code
- 32937
- MLS Area Major
- 382-Satellite Bch/Indian Harbour Bch
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- The subject property consists of a 1.31-acre parcel located in the City of Indian Harbour Beach and is currently zoned B-1 (General Commercial). Permitted uses under this zoning designation include retail, restaurant, professional office, religious facilities, and other commercial uses. In addition, the property has been granted a Conditional Land Use approval allowing for the development of an assisted living facility. The previous property owner planned a three-story, 96-bed assisted living facility on the site, but that design would require official city approval. The City has also indicated a willingness to rezone the property to R-2 (Residential), which would permit development at a density of seven (7) dwelling units per acre. At this density, the 1.31-acre site would support approximately nine (9) units, with the potential to accommodate up to ten (10) townhome lots, subject to final site design and municipal approvals, as illustrated in the attached conceptual site plan.
Status Change Information
- Major Change Timestamp
- 2026-02-26T19:47:06Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-02-26
More Information
Unit 1 Details
- Unit ID
- Yes
- Annual Rent
- Yes
- Unit SqFt
- Yes
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- Yes
Location, Tax, and Legal
- Tax Account
- 2745758
- Parcel Number
- 27-37-13-00-00275.0-0000.00
- General County Location
- South
- Tax Annual Amount
- 6273.58
- Tax Year
- 2023
- Tax Legal Description
- PART OF S 1/2 OF NW 1/4 OF NW 1/4 AS DESC IN ORB 5639 PG 1560
- Zoning Description
- Commercial
- Directions
- This site is located in Indian Harbour Beach on the north side of Eau Gallie Blvd and is behind the Tropical Smoothie and the Cazadores restaurant.
Construction Materials
- Other
- Yes
Current Use
- Unimproved
- Yes
Listing Terms
- Cash
- Yes
- Other
- Yes
Lot Features
- Other
- Yes
Parking Features
- Other
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Corporate Owned
- Yes
Utilities
- Sewer Available
- Yes
- Water Available
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Sale Includes
- Land Only
- Yes
Documents
B-1 zoning ›
Listing Office:
SouthTrend Realty
Last Updated: February - 26 - 2026
Information is deemed to be reliable, but is not guaranteed.