$1,695,000
Indialantic, FL 32903
MLS# 1079584
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Property Description
A fully entitled, shovel-ready boutique luxury vacation rental development opportunity in one of Brevard County's most desirable beachside locations. SHOVEL-READY BEACHFRONT CORRIDOR DEVELOPMENT OPPORTUNITY! One of the few remaining boutique development sites directly across from the Atlantic Ocean in Indialantic, Florida. Approved for six residential units with SHORT TERM vacation RENTALS PERMITTED (one-week minimum), this exceptional property offers developers and investors the rare opportunity to move directly toward construction while significantly reducing planning time and entitlement risk. Available with site plans, architectural drawings, cabinetry plans and condominium documents, much of the pre-development work has already been completed, allowing the next owner to focus on execution rather than design. Potential tax planning advantages through qualifying bonus depreciation on improvements (consult tax advisor). Ideally positioned on A1A directly across from the Beach...
Details
Maps
Documents
Location, Tax, and Legal
Tax Account: 2725640
General County Location: South
Elementary School: Indialantic
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 18601.86
Tax Year: 2025
Tax Legal Description: PART OF S 1004.1 FT OF GOVT LOT 6 W OF A1A AS DES IN ORB 1858 PG 577 EX ORB 2097 PG 453, 4256 PG 748 *(MULTIPLE LOTS)
Directions: Melbourne Causeway (5th Ave) to North on A1A. Property will be on the west side of A1A directly across from Paradise Beach., just before the traffic light at Paradise Blvd.
General Property Information
Number Of Lots: 7
Lot Size Acres: 0.3
Association YN: No
Water Body Access YN: Yes
Waterfront YN: No
CDD Fee YN: No
List Price/Acre: 5650000
Remarks and Miscellaneous
Public Remarks: A fully entitled, shovel-ready boutique luxury vacation rental development opportunity in one of Brevard County's most desirable beachside locations. SHOVEL-READY BEACHFRONT CORRIDOR DEVELOPMENT OPPORTUNITY! One of the few remaining boutique development sites directly across from the Atlantic Ocean in Indialantic, Florida. Approved for six residential units with SHORT TERM vacation RENTALS PERMITTED (one-week minimum), this exceptional property offers developers and investors the rare opportunity to move directly toward construction while significantly reducing planning time and entitlement risk. Available with site plans, architectural drawings, cabinetry plans and condominium documents, much of the pre-development work has already been completed, allowing the next owner to focus on execution rather than design. Potential tax planning advantages through qualifying bonus depreciation on improvements (consult tax advisor). Ideally positioned on A1A directly across from the Beach...
Closing Company Details
Closing Company Name: Precise Title Karen Solomon or TBD
Closing Company Address: TBD
Current Use
Residential: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Lot Features
Cleared: 1
Cul-De-Sac: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Water Body Access Type
Public Accessible: 1
Road Surface Type
Paved: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Corporate Owned: 1
Standard: 1
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
View
Ocean: 1
Water Source
Public: 1
Development Status
Finished Lot(s): 1
Site Plan Approved: 1
See Remarks: 1
Showing Requirements
Showing Service: 1
Contract Information
Current Price: $1,695,000
Original List Price: 1695000
List Price: $1,695,000
Status: Active
Listing Contract Date: 2026-06-10
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: (Multiple)
Street Name: Tanager Court
County: Brevard
State: FL
Postal Code: 32903
MLS Area Major: 383 - N Indialantic
Subdivision Name: Paradise Cay Oceanside
Status Change Information
Major Change Timestamp: 2026-06-10T14:07:29Z
Major Change Type: New Listing
Status Change Timestamp: 2026-06-10
Property Features
Current Use: Residential
Development Status: Finished Lot(s); Site Plan Approved; See Remarks
Listing Terms: Cash; Conventional; Other
Lot Features: Cleared; Cul-De-Sac
Possession: Close Of Escrow; Negotiable
Road Surface Type: Paved
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Corporate Owned; Standard
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available
View: Ocean
Water Body Access Type: Public Accessible
Water Source: Public
Supplements
Ideally positioned on A1A directly across from Paradise Beach Park, residents and guests will enjoy a protected crosswalk with traffic signal, beach access, restrooms, showers, picnic facilities and one of the Space Coast's most popular oceanfront destinations. Restaurants, shopping, entertainment and nightlife are all within walking distance, creating an exceptional lifestyle and vacation experience. Whether developed as luxury condominiums, second homes or income-producing vacation residences, this property combines an irreplaceable location with development-ready convenience and the flexibility of weekly rentals. Investors should consult their tax advisor regarding the HUGE potential bonus depreciation opportunities associated with qualifying improvements. An outstanding opportunity to secure a premier beachside development site in one of Florida's strongest coastal markets.
Site Plan 
Listing Office: RE/MAX Aerospace Realty
Last Updated: June - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.