117 Franklyn Ave Indialantic, FL 32903
Seize the rare opportunity to build your dream home on one of the last remaining double lots in the highly sought-after Indialantic, FL! This cleared, elevated lot is ideally located just steps from the beach and minutes from downtown's dining and nightlife. It's the only available lot with street-to-street access, spanning both Franklin Avenue and Grosse Pointe. Zoned for flexible use, you can design either a single-family home or a duplex, making it a smart investment in a prime location. With beach access less than 1,000 feet away, you'll enjoy morning walks and breathtaking sunsets. Given that new homes on similar-sized lots in the area are selling for $1.5M, this is an exceptional opportunity to create your perfect home or vacation retreat in a beautiful coastal setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 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.