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Indialantic Double Lot Opportunity
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117 Franklyn Avenue, Indialantic, FL 32903

Rare double lot near the beach, ideal for building.

Property SizeContact for details
Days on Market876

Property Features for 117 Franklyn Avenue

General Information

Standard status Active
Property subtype Land, Multifamily
Listing Agency: ONE Sotheby's International Realty Melbourne Beach
Listed By: James Edmunds · License #3414010
Source: Crexi
Added: Mar 17, 2024 Changed: Aug 8 Last Checked: Aug 8 at 12:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ONE Sotheby's International Realty Melbourne Beach

Investment Insights

Based on property information with market context.

This is a rare opportunity to build a home on one of the last remaining double lots in Indialantic, Florida. The cleared and elevated lot is located steps from the beach and minutes from downtown dining and nightlife. It is the only available lot with street-to-street access, spanning both Franklin Avenue and Grosse Pointe. The zoning allows for either a single-family home or a duplex. Beach access is less than 1,000 feet away. It is an opportunity to create a home or vacation retreat in a coastal setting.

Key Highlights

  • Steps from the beach in highly sought‑after Indialantic, FL.
  • Rare double lot, one of the last remaining in the area.
  • Street‑to‑street access (Franklin Avenue and Grosse Pointe).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Electrical Service Kitchen & Bath Showroom Auto Repair Shop Daycare Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

739
Businesses Nearby

Demographics for 32903, FL

13,880
Population
7,469
Households
1.9
Avg Household Size
52
Median Age
51%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
3,856
Density / Sq Mi
$101,549
Median Household Income
$55,718
Median Earnings
$1,700
Median Rent
$495,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare double lot near the beach, ideal for building.
Where is this residential land & home lot located?
The property is located at 117 Franklyn Avenue Indialantic, FL.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Steps from the beach in highly sought‑after Indialantic, FL.; Rare double lot, one of the last remaining in the area.; Street‑to‑street access (Franklin Avenue and Grosse Pointe).
(321) 349-5068 Call to check price and availability
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