Indialantic Multi-Family
900 S. Miramar Avenue, Indialantic, Florida 32903
Sold: $2,000,000
Property Details
Property Type
Residential
Building Type
Freestanding
Building Size
8,273 sqft
Land Size
0.69 acres
Units
12
Zoning
R3
Year Built
1960
4 Units
2/1
8 Units
1/1
Property Description
Rare opportunity to acquire a vacant 12-unit multifamily property in Indialantic, FL, located just one block from the Atlantic Ocean in the South Of Fifth Ave district. This is one of very few apartment buildings in the area. Take advantage of the limited apartment supply and a persistent, growing demand from high income renters looking for housing near the beach. The property also has a 13 unit garage building, a highly desired feature that most other barrier island apartments do not offer. All units are in need of renovation. Buyer to conduct their own due diligence. Please contact broker to schedule a property tour.