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Beachside Triplex on Corner Lot
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139 2nd AVE, Indialantic, FL 32903

Fully occupied triplex one block from the ocean.

Property Size14,810 SF
Lot Size0.34 Acres
Price / SF$53.95
Days on Market165

Property Features for 139 2nd AVE

General Information

Standard status Active
Size 14,810 SF
Lot size 0.34 Acres
Property subtype Multifamily
Zoning R2

Building Details

Year Built 1962
Listing Agency: Beachfront Realty Inc
Listed By: Tamara Lima · License #FL 3385648
Source: Crexi
Added: Mar 18 Changed: Aug 8 Last Checked: Jul 19 at 5:33AM

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 Beachfront Realty Inc

Investment Insights

Based on property information with market context.

This fully occupied triplex is located one block from the Atlantic Ocean in Indialantic. Situated on an oversized 0.34-acre corner lot, the property offers immediate income and long-term potential. The building spans approximately 3,579 square feet and contains three units, with a total of 7 bedrooms and 5 bathrooms. The lot size is 14810 square feet. All units are currently occupied, providing a seamless transition for the new owner. The property's corner site presents future potential through renovations, repositioning to premium rental rates, or possible redevelopment, subject to buyer verification of applicable zoning requirements. The property is being sold As-Is.

Key Highlights

  • One block from the ocean in Indialantic.
  • Fully occupied triplex provides immediate income.
  • Oversized 0.34‑acre corner lot offers future potential.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Electrical Service Daycare Center HVAC Service Garden Center Locksmith

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

859
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
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Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied triplex one block from the ocean.
Where is this triplex located?
The property is located at 139 2nd AVE Indialantic, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: One block from the ocean in Indialantic.; Fully occupied triplex provides immediate income.; Oversized 0.34‑acre corner lot offers future potential.
More about this property
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