100 4th Ave, Indialantic, FL 32903-3112
- Retail space
- 8,019 SF
- 0.69 lot acres
Current Use by Public Records
- Retail space
Property Details for 100 4th Ave
- Year built
- 2001
- Construction
- STEEL FRAME
- Lot size
- 0.69 lot acres
- Zone code
- C
- Property type
- Retail space
- APN
- 27-38-31-EO-00025.0-0012.00
- APU
- 273831EO000250001200
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 31, 2024 | $2,000,000 | 100 4th Ave LLC | Atlantic Surf INC | Warranty Deed | $1.7M · Whitney Bank |
| Jun 12, 2019 | — | Atlantic Surf INC | — | Deed · related | $1M · Centerstate Bank Of Florida NA |
| Aug 17, 2018 | — | Atlantic Surf INC | — | Deed · related | $195k · Bofi Federal Bank |
| Dec 19, 2017 | — | Atlantic Surf INC | — | Trustees Deed · related | $150k · World Busn Lenders |
| May 27, 2011 | $665,000 | Atlantic Surf INC | Generic Electric Capital Corporatio | Special Warranty Deed | $624k · Wells Fargo Bank NA |
| Apr 26, 2010 | $200,000 | General Elec Cap Corp | A & Ch Properties LLC Coc | Trustees Deed | — |
| Dec 29, 2004 | $1,927,100 | A & Ch Properties LLC | Clary,charles W III | Grant Deed | $1.8M · General Electric Capital Corp |
| Jul 28, 2004 | $1,822,700 | Charles W Clary III | Destin Group Palace III LLC | Warranty Deed | $1.9M · First National Bank Crestview |
| — | — | A & Ch Properties LLC | — | Deed Of Trust · related | $535k · Janet W Mckelvy |
Description
This 7,800 sq ft storefront in Indialantic, FL, is listed at $2,650,000 ($339/sq ft) with a 5.55% cap rate and a strong NOI of $147,172. Located on A1A, directly across from the Indialantic Ocean Beach Boardwalk, this property benefits from a recently exercised lease option with approximately 4.5 years remaining on the base term. The roof was replaced in 2019 and includes a 20-year transferable warranty. The property enjoys minimal landlord responsibilities, with the tenant covering most maintenance costs including structure, HVAC, parking lot, and insurance. Landlord responsibilities are limited to roof maintenance and property taxes. The surrounding area boasts strong demographics, with an average household income of $110,000 within a 5-mile radius encompassing a population of 87,822. Its strategic location near Publix, Starbucks, and the Indialantic Shopping Center, coupled with the economic growth driven by Kennedy Space Center, Cape Canaveral Air Station, SpaceX, Boeing, and Port Canaveral, makes this a compelling investment opportunity.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Indialantic
- County
- Brevard
- State
- Florida
- Longitude
- -80.5675
- Latitude
- 28.0925
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
