236 5Th Ave Indialantic, FL 32903
This exceptional commercial property presents a fantastic leasing opportunity in the heart of Indialantic, Florida. The 1,600 square foot office/retail space is situated in a single-tenant building on a 0.92-acre lot (APN: 27-38-31-Eo-00020.0-0001.00). The unit boasts a mostly open floor plan, ideal for flexible configurations, complemented by three private offices, a break area, a restroom, and a dedicated storage/IT room. Modern features include a drop ceiling and vinyl flooring throughout. Benefit from abundant natural light thanks to its corner location. This high-visibility location on Fifth Avenue enjoys significant traffic exposure, estimated at 19,300 vehicles per day, providing excellent potential for business growth. The Town of Indialantic Commercial (C) zoning allows for diverse uses, including office, retail, and medical practices. Ample parking is available with 45 paved and striped spaces for tenants and visitors. Fifth Avenue's strategic location provides direct access to Highway A1A, Riverside Drive, and the Melbourne Causeway, ensuring convenient access for clients and employees. The property is surrounded by established businesses and institutions, including Indialantic Elementary School, Hoover Middle School, and Village Market, creating a thriving and convenient business environment. This is an unparalleled opportunity to establish your business in a prime Indialantic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.