107 Franklyn Avenue, Indialantic, FL 32903
$879,000
Property Type:
Residential
Bedrooms:
4
Baths:
2
Square Footage:
1,616
Lot Size (sq. ft.):
15,682
Status:
Active
Current Price:
$879,000
List Date:
5/12/2026
Last Modified:
6/26/2026
Overview
Description
Prime Beachside Redevelopment Opportunity with Unobstructed Rocket Launch Views! Rare road-to-road 0.36-acre parcel in the heart of Indialantic offering exceptional flexibility for investors, builders, and end users. The property extends from Franklyn Avenue to Grosse Pointe and includes an existing 4bed/2bath concrete block home, providing immediate occupancy, rental income, or a holding opportunity while planning redevelopment.
Current RU-1-11 zoning allows the parcel to be divided into 2 single-family homes with future rezoning potential to RU-2-12 (up to four multifamily units with a 45-foot building height or RA-2-6 (2 luxury townhomes). Buyers should verify all zoning and development during due diligence.
Located just one block from A1A and public beach access, this oversized parcel is within walking distance of restaurants, shopping, parks, and everything that makes beachside living so desirable.
Whether you're looking to build, develop, invest, or enjoy the existing home
Supplements:
Listing Details MLS# 1062648
General Property Information
- Bedrooms Total
- 4
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Living Area
- 1616
- Living Area Source
- Appraiser
- Accessibility Features YN
- No
- New Construction YN
- No
- Year Built
- 1964
- Garage YN
- Yes
- Garage Spaces
- 2
- Carport YN
- No
- Lot Size Acres
- 0.36
- Lot Size Square Feet
- 15682
- Association YN
- No
- CDD Fee YN
- No
- Community Fee(s) YN
- No
- Waterfront YN
- No
- Furnished
- Unfurnished
- Stories
- Yes
- Direction Faces
- North
- Senior Community YN
- No
- Pool Private YN
- No
- List Price/SqFt
- 543.94
- Bathrooms Half
- 0
Property Features
Construction Materials:
Block; Concrete
Cooling:
Central Air
Current Use:
Residential
Electric:
200+ Amp Service
Heating:
Central
Listing Terms:
Cash; Conventional; Other
Lot Features:
Cleared
Parking Features:
Garage
Pets Allowed:
Yes
Possession:
Close Of Escrow
Roof:
Shingle
Sewer:
Public Sewer
Showing Requirements:
Lockbox; Showing Service
Special Listing Conditions:
Standard
Utilities:
Electricity Available; Water Available
Water Source:
Public
Room Types:
Primary Bedroom
Contract Information
- Original List Price
- 889000
- Listing Contract Date
- 2025-11-20
- Property Sub Type
- Single Family Residence
Location Tax and Legal
- Street Number
- 107
- Street Name
- Franklyn
- Street Suffix
- Avenue
- County
- Brevard
- State
- FL
- Postal Code
- 32903
- MLS Area Major
- 383 - N Indialantic
- Subdivision Name
- NORTH INDIALANTIC BY THE SEA REPLAT OF
Remarks and Miscellaneous
- Public Remarks
- Prime Beachside Redevelopment Opportunity with Unobstructed Rocket Launch Views! Rare road-to-road 0.36-acre parcel in the heart of Indialantic offering exceptional flexibility for investors, builders, and end users. The property extends from Franklyn Avenue to Grosse Pointe and includes an existing 4bed/2bath concrete block home, providing immediate occupancy, rental income, or a holding opportunity while planning redevelopment. Current RU-1-11 zoning allows the parcel to be divided into 2 single-family homes with future rezoning potential to RU-2-12 (up to four multifamily units with a 45-foot building height or RA-2-6 (2 luxury townhomes). Buyers should verify all zoning and development during due diligence. Located just one block from A1A and public beach access, this oversized parcel is within walking distance of restaurants, shopping, parks, and everything that makes beachside living so desirable. Whether you're looking to build, develop, invest, or enjoy the existing home
Status Change Information
- Major Change Timestamp
- 2026-06-26T01:47:59Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-06-26T01:47:59Z
- Status Change Timestamp
- 2026-05-12
More Information
Closing Company Details
- Closing Company Name
- Relentless Title: Melanie Byars mbyars@relentlesstitle.com
- Closing Company Address
- 1402 Jimmy Buffett Mem Hwy ste a, Satellite Beach, FL 32937
DPR Eligible
- DPR Eligible
- No
Legal Details
- Permission Granted to Advertise
- Yes
Room Types
- Primary Bedroom Level
- Main
- Primary Bedroom
- Yes
Location, Tax, and Legal
- Tax Account
- 2731680
- Parcel Number
- 27-38-31-Ew-0000f.0-0004.00
- General County Location
- South
- Elementary School
- Indialantic
- Middle School
- Hoover
- High School
- Melbourne
- Tax Year
- 2025
- Directions
- From Eau Gallie BLVD, head south on A1A toward Indialantic. Turn right onto Franklyn Avenue and is on the left. The lot extends from Franklyn Avenue through to Grosse Pointe Avenue.
Construction Materials
- Block
- Yes
- Concrete
- Yes
Cooling
- Central Air
- Yes
Current Use
- Residential
- Yes
Electric
- 200+ Amp Service
- Yes
Heating
- Central
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Other
- Yes
Lot Features
- Cleared
- Yes
Parking Features
- Garage
- Yes
Pets Allowed
- Yes
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Shingle
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Electricity Available
- Yes
- Water Available
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Lockbox
- Yes
- Showing Service
- Yes
Room Information
Primary Bedroom
Level: Main
Listing Office:
Relentless Real Estate Co.
Last Updated: June - 26 - 2026
Information is deemed to be reliable, but is not guaranteed.