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    435 Michigan Ave Indialantic, FL 32903

    Sponsored
    For Sale
    $459,900

    Prime .30-acre lot, build your dream.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional .30-acre (13,068 sq ft) lot at 435 Michigan Avenue in Indialantic, Florida, presents a unique opportunity for commercial and residential development. Located in the heart of Indialantic, this property boasts a desirable beachside location, offering unparalleled access to the area's best amenities. The existing structure is slated for demolition, allowing for the construction of a custom home or commercial venture, unrestricted by HOA regulations. Imagine building your dream home just minutes from the beach, Indian River, shopping, dining, and A-rated schools. The expansive lot size provides ample space for a substantial build, ensuring privacy and room for all your needs. The property's address is 435 Michigan Avenue, Indialantic, FL 32903, situated in Brevard County. This is a rare chance to create a coastal lifestyle haven in a highly sought-after location. The asking price for this remarkable property is $459,900. Don't miss this chance to secure your piece of paradise in Indialantic. The property is zoned for both commercial and residential use, providing flexibility for a variety of development options. The convenient location offers easy access to various points of interest, making it an ideal investment for both personal and commercial endeavors.

    Property Features for 435 Michigan Ave

    General Information

    Property type
    Land

    HighLights

    • .30‑acre lot (13,068 sq ft) at 435 Michigan Avenue, Indialantic, FL 32903.
    • Desirable beachside location in Indialantic, Brevard County.
    • Existing structure to be demolished; no HOA restrictions.
    • Zoned for both commercial and residential use.
    • Asking price: $459,900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indialantic
    County
    Brevard
    State
    Florida
    Longitude
    -80.5755781
    Latitude
    28.0927697

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    FAQs

    What type of property is this?
    Land - Prime .30-acre lot, build your dream.
    Where is this land located?
    The property is located at 435 Michigan Ave Indialantic, FL.
    What is the asking price?
    The asking price for this property is $459,900.
    What are key features of this property?
    This property features: .30-acre lot (13,068 sq ft) at 435 Michigan Avenue, Indialantic, FL 32903.; Desirable beachside location in Indialantic, Brevard County.; Existing structure to be demolished; no HOA restrictions.
    Request Owner's contact information
    435 Michigan Ave Indialantic, FL 32903
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    Indialantic, FL 32903
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    435 Michigan Ave Indialantic, FL 32903
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