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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

244 5Th Ave Indialantic, FL 32903

Property ID
Property summary
AI-generated overview

This exceptional commercial property at 244 5th Avenue, Indialantic, FL 32903, offers a versatile 3,374 square-foot single-tenant space ideal for a variety of businesses. Located on a 0.92-acre lot (APN 27-38-31-Eo-00020.0-0001.00), this second-floor office boasts six private offices, a conference room, a break area, and three restrooms. The interior features a drop ceiling and abundant natural light from numerous windows. The property benefits from ample parking, with 45 paved and striped spaces available at the plaza. Its Commercial (C) zoning allows for a wide range of uses, including office, retail, and medical practices. Situated conveniently between the Atlantic Ocean and the Indian River Lagoon, this location offers excellent visibility and accessibility. Fifth Avenue provides direct access to Highway A1A, Riverside Drive, and the Melbourne Causeway, ensuring easy commutes for employees and clients. The high traffic count of approximately 19,300 vehicles per day on Fifth Avenue guarantees significant exposure. Nearby establishments include Indialantic Elementary, Hoover Middle School, and Village Market. This property presents a unique opportunity to establish your business in a thriving and desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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