312 Wave Crest Ave

—
Beds
—
Baths
4,455 Sq. Ft.
$505 / Sq. Ft.
4,455
Sq. Ft.
$505
per Sq. Ft.

Description

Legal short term rental Triplex along the Atlantic Ocean in the heart of the Indialantic Tourist District. Rare investment and lifestyle opportunity awaits at this one-of-a-kind property. Each of the three town homes is approx.1500 sq ft, fully furnished and turn-key. Each unit features 2 bedrooms, 2 full baths (2 of the units also have an additional 1/2 bath), private 1 car garage and private courtyard with hot tub, easily sleeps 6. As an established high-performing weekly rental, the property offers...Legal short term rental Triplex along the Atlantic Ocean in the heart of the Indialantic Tourist District. Rare investment and lifestyle opportunity awaits at this one-of-a-kind property. Each of the three town homes is approx.1500 sq ft, fully furnished and turn-key. Each unit features 2 bedrooms, 2 full baths (2 of the units also have an additional 1/2 bath), private 1 car garage and private courtyard with hot tub, easily sleeps 6. As an established high-performing weekly rental, the property offers flexibility such as option to live in one unit while renting out the others, rent all three to maximize income,or use one unit as a seasonal retreat with built-in ROI. Perfect location walk/bike to unique restaurants, coffee shops, beach bars, grocery stores, Surf shops and boutiques. Only 65 miles from Disney World with an essentially no-turn drive straight on 1-92 making this one of the closest coastal accommodations to the Disney parks. Flexible tourist zoning allows for redevelopment
  1. Listed by Heather Boesch • Engel&Voelkers Melb Beachside

Property Details for 312 Wave Crest Avenue

Directions
East on 1-92 to the very end, turn right on Wavecrest, property on right
Subdivision/Condo Name
Indialantic By The Sea
LISTING UPDATED: 10/22/2025 02:20 PM

Property Details for 312 Wave Crest Avenue

StatusActive
MLS #1055788
Days on Market163
Taxes$15,416 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1979
Lot Size0.23 AC / 10,018 SF
CountyBrevard County

Location

Listing Courtesy of Engel&Voelkers Melb Beachside, Heather Boesch
Add your commute

Building Information for 312 Wave Crest Avenue

Stories-Residences3Year Built1979Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$12,251 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,966

Property Taxes

$1,285

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 312 Wave Crest Avenue

Summary
Location and General Information
  • City: Indialantic
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.089785
  • Geo Lon: -80.565575
  • Absolute Longitude: 80.565575
  • Schools: Elementary School: Indialantic
  • Schools: Middle School: Hoover
  • Schools: High School: Melbourne
  • General County Loc: South
  • County Sub/Condo Name: Indialantic By The Sea
Taxes and HOA Information
  • Taxes: $15,415.80
  • Tax Year: 2023
  • Tax Acct: 2731354
  • Tax ID: 27-38-31-Eo-00038.0-0015.00
Parking
  • Parking: Total Garage Spaces: 3
  • Garage: 3.0
Property
Lot Information
  • SqFt - Living: 4455.0
  • Lot SqFt: 10019.0
  • Year Built: 1979
  • Picture Count: 62
  • Document Count: 2
  • Acreage: 0.23
  • Current Adjacent Use: Multi-Family
Property and Assessments
  • Construction: Block, Concrete, Stucco
  • Docs on File: 2
  • Property Type: B
  • Legal/Misc: 55+ Community: No
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: B
  • Sub Type: Triplex
  • To Be Constructed: No
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
  • Utilities: Cable Connected, Electricity Connected
Interior and Exterior Features
Exterior Features
  • Total Floors in Bldg: 2
  • # of Units: 3
  • Buildings: 1
  • Exterior Features: Balcony, Courtyard, Fire Pit, Storm Shutters
  • Flooring: Tile,Wood
Interior Features
  • Cooling: Central Air, Electric
  • Heat: Central, Heat Pump
  • Equipment/Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Multi Family
Multi-Family Information
  • Unit 1 Details: Actual Rent: 2275.0
  • Unit 1 Details: Beds Total: 2.0
  • Unit 1 Details: Furnished: Furnished
  • Unit 1 Details: Unit ID: The Palms
  • Unit 1 Details: Unit Remarks: $2050 per week, sleeps 6
  • Unit 1 Details: Unit SqFt: 1500.0
  • Unit 2 Details: Actual Rent: 1890.0
  • Unit 2 Details: Beds Total: 2.0
  • Unit 2 Details: Furnished: Furnished
  • Unit 2 Details: Unit ID: The Banana
  • Unit 2 Details: Unit Remarks: $1890 per week, sleeps 6
  • Unit 2 Details: Unit SqFt: 1500.0
  • Unit 3 Details: Actual Rent: 1890.0
  • Unit 3 Details: Beds Total: 2.0
  • Unit 3 Details: Furnished: Furnished
  • Unit 3 Details: Unit ID: Coconut
  • Unit 3 Details: Unit Remarks: $1890 per week, sleeps 6
  • Unit 3 Details: Unit SqFt: 1500.0
Agent
Sale and Listing
  • Cumulative DOM: 54
  • Days On Market: 54
Showing and Remarks
  • Showing: Call Listing Agent

Property History for 312 Wave Crest Avenue

DateEvent & SourcePriceAppreciation
Sep 22, 2025

Price Change

SCMLS #1055788

$2,250,000—
Aug 29, 2025

Listed (Active)

SCMLS #1055788

$2,450,000—
DateEvent & SourcePrice
09/22/2025

Price Change

SCMLS #1055788

$2,250,000
08/29/2025

Listed (Active)

SCMLS #1055788

$2,450,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 312 Wave Crest Avenue

Taxable ValueLand$330,000Additions$587,280Total$917,280
Tax Record2025$16,150 ($1,346 / month)
Home Facts
Total Finished SqFt4,211 SqFtAbove Grade Finished SqFt4,211 SqFtStories2Lot Size10,019 SqFtStyleTriplexYear Built1979Year Renovated2005ZoningTCountyBREVARDAPN27-38-31-EO-00038.0-0015.00

Schools near 312 Wave Crest Avenue

This home is within Brevard Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Indialantic Elementary School
PublicPK to 6

Herbert C. Hoover Middle School
Public7 to 8

Melbourne Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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312 Wave Crest Avenue is a multi-family home for sale in Indialantic, FL 32903. This property was listed for sale on August 29, 2025 by Engel&Voelkers Melb Beachside, it's currently listed at $2,250,000. This listing's school district is Brevard Public Schools. Nearby schools include Indialantic Elementary School, Herbert C. Hoover Middle School and Melbourne Senior High School. 312 Wave Crest Avenue is a 0-bed, 0-bath, 4,455 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel&Voelkers Melb Beachside, Heather Boesch

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 10/22/2025 02:20 PM