116 Coral Way East

Indialantic, FL 32903

$599,000
Price
24,829 / 0.57
Lot Size / Acres

Description

Rare opportunity to create your own masterpiece on this .57 acre home site, just a short stroll to the nearby beach access and seconds from all of the conveniences along the Eau Gallie Blvd commercial corridor. Would be an amazing location for a larger, estate home, but is also zoned multi family for up to 5 townhomes and also carries the coveted resort zoning which would allow for short term rentals. There was a previous home on the property, so should be able to avoid any impact fees and the property...Rare opportunity to create your own masterpiece on this .57 acre home site, just a short stroll to the nearby beach access and seconds from all of the conveniences along the Eau Gallie Blvd commercial corridor. Would be an amazing location for a larger, estate home, but is also zoned multi family for up to 5 townhomes and also carries the coveted resort zoning which would allow for short term rentals. There was a previous home on the property, so should be able to avoid any impact fees and the property is cleared and ready to go !
  1. Listed by David Settgast • One Sotheby's International

Property Details for 116 Coral Way East

Directions
A1A about 1/2 mile South of Eau Gallie Blvd to West on Coral Way.
Zoning
Multi Family
Road Frontage Ft
100.0

Location

Listing Courtesy of One Sotheby's International, David Settgast
Add your commute
LISTING UPDATED: 04/27/2024 10:27 AM

Property Details for 116 Coral Way East

StatusActive
MLS #1007269
Days on Market54
Taxes$3,017 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.57 AC
CountyBrevard County

Location

Listing Courtesy of One Sotheby's International, David Settgast
Add your commute

Building Information for 116 Coral Way East

Lot Size0.57 AC

Payment Calculator

$3,520 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$251

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 Coral Way East

Summary
Location and General Information
  • City: Indialantic
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.131067
  • Geo Lon: -80.580803
  • Absolute Longitude: 80.580803
  • Schools: Elementary School: Indialantic
  • Schools: Middle School: Hoover
  • Schools: High School: Melbourne
  • General County Loc: South
  • County Sub/Condo Name: Eden Estates
Taxes and HOA Information
  • Taxes: $3,017.25
  • Tax Year: 2023
  • Tax Acct: 2716290
  • Tax ID: 27-37-13-78-00002.0-0006.00
Property
Lot Information
  • Lot SqFt: 24829.0
  • Picture Count: 40
  • Lot Dimensions: 251 x 100
  • Lot Description: Cleared
  • Acreage: 0.57
  • Var Comm: No
  • Legal/Misc: Land Lease: No
  • Road Surface: Asphalt
  • Current Adjacent Use: Multi-Family, Residential, Single Family
Property and Assessments
  • Docs on File: 0
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: C
  • Sub Type: Unimproved Land
  • # of Lots: 1.0
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Owner Name
  • Owner Name: Sk Coastal Llc
Interior and Exterior Features
Exterior Features
  • Pool Features: None
Multi Family
Multi-Family Information
  • Selling Terms Code: Cash, Conventional
Agent
Agent Information
  • Closing Co. Name: State Title Partners
  • Closing Co. Address: 300 W Fee Ave., Melbourne 32901
Sale and Listing
  • Cumulative DOM: 737
  • Days On Market: 51
  • Possession: Close Of Escrow
Showing and Remarks
  • Showing: Other
  • Appointment Phone: online

Property History for 116 Coral Way East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 116 Coral Way East

Taxable ValueLand$245,000Additions-Total$245,000
Tax Record2023$3,017 ($251 / month)
Home Facts
Beds2Total Finished SqFt1,058 SqFtAbove Grade Finished SqFt1,058 SqFtStories1Lot Size24,829 SqFtStyleResidentialYear Built1952ZoningRU210CountyBREVARDAPN27-37-13-78-00002.0-0006.00Fireplace TypeHas Fireplace

Schools near 116 Coral Way East

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

Westshore Junior/Senior High School
Public7 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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116 Coral Way East is a 0.57 ac of land for sale in Indialantic, FL 32903. This property was listed for sale on March 7, 2024 by One Sotheby's International, it's currently listed at $599,000. It has been on the market for a total of 54 days and was last sold on December 7, 2017. This listing's school district is Brevard. Nearby schools include Indialantic Elementary School, Herbert C. Hoover Middle School and Melbourne Senior High School. 116 Coral Way East is a 0-bed, 0-bath, 0.57 ac of land on a 24,829 sq. ft. / 0.57 acres lot.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of One Sotheby's International, David Settgast

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: 04/27/2024 10:27 AM