5-Unit Oceanfront
For Sale
$2,200,000
612 Wave Crest Ave, Indialantic, FL 32903
Furnished accommodations include private porches and a guest hot tub facing the Atlantic.
Property Size2,681 SF
Price / SF$820.59
Days on Market23
Property Features for 612 Wave Crest Ave
General Information
Standard status
Active
Size
2,681 SF
Additional Details
Furnished
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$9,164
Amenities
private porches
hot tub
Listing Agency:
Arium Real Estate, LLC
(321) 209-0828
Listed By:
Matthew McPherson
(908) 442-6573
Source:
Exprealty
Added: Oct 9
Changed: Oct 30
Last Checked: Oct 30 at 2:17PM
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 Arium Real Estate, LLC
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Investment Insights
Based on property information with market context.
This Indialantic motel contains five furnished units and has operated as a vacation rental for years. Private porches serve the units, while a guest hot tub overlooks the Atlantic Ocean. The property sits directly on the oceanfront in a tourist-oriented zoning district; permitted uses should be confirmed with the Town of Indialantic.
Fifth Avenue restaurants and shops are within walking distance. Melbourne Orlando International Airport is about 20 minutes away, and Orlando’s theme parks are about an hour away.
Fifth Avenue restaurants and shops are within walking distance. Melbourne Orlando International Airport is about 20 minutes away, and Orlando’s theme parks are about an hour away.
Key Highlights
- Five furnished guest units with private porches
- Oceanfront property with a guest hot tub overlooking the Atlantic Ocean
- Located in a tourist‑oriented zoning district; confirm permitted uses with the Town of Indialantic
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
746
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Similar Off Market Nearby
- Tuckaway Shores Resort — 1441 S Miramar Ave, Indialantic, FL 32903
- Kevin O'Connor — 133 14th Ave, Indialantic, FL 32903
- Melbourne Beach Vacation Rental — 1047 Wave Crest Ave, Indialantic, FL 32903
- Windemere Inn by the Sea — 815 S Miramar Ave, Indialantic, FL 32903
- Oceanfront Cottages — 612 Wave Crest Ave, Indialantic, FL 32903
Frequently Asked Questions
What type of property is this?
Motel - Furnished accommodations include private porches and a guest hot tub facing the Atlantic.
Where is this motel located?
The property is located at 612 Wave Crest Ave Indialantic, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Five furnished guest units with private porches; Oceanfront property with a guest hot tub overlooking the Atlantic Ocean; Located in a tourist‑oriented zoning district; confirm permitted uses with the Town of Indialantic
