114 Atlantic, Indialantic, FL 32903

$152,000
Property Type: Residential Income Square Footage: 1,689 Lot Size (sq. ft.): 7,841 Status: Closed
Current Price: $152,000 List Date: 2/15/2013 Last Modified: 5/17/2026

Overview

Description

Unique opportunity to obtain a nice tri-plex just a stones throw from the beach. Roof, Plumbing, Electrical and most windows updated in the last 5-7 years. Tons of potential for a great long term investment with a conservative CAP rate of 8.6%. Walk to the beach, close to shopping and schools this is a wonderful opportunity to start building or adding to your investment property portfolio. Has been used as a home so will require some interior renovations for all 3 units to be rentable

Listing Details MLS# 660823

General Property Information

Number Of Units Total
3
Living Area
1800
Living Area Source
Public Records
Building Area Total
1689
Garage YN
No
Carport YN
Yes
Carport Spaces
Yes
Lot Size Acres
0.18
Lot Size Square Feet
7840.8
Lot Size Dimensions
80 x 100
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Pool Private YN
No
List Price/SqFt
94.39
Sold Price/SqFt
84.44
Garage Spaces
0

Property Features

Appliances: Refrigerator Cooling: Wall/Window Unit(s) Flooring: Concrete; Terrazzo Levels: One Listing Terms: Cash; Conventional Lot Features: Dead End Street Owner Pays: Other Pool Features: None Possession: Close Of Escrow Roof: Shingle Sewer: Septic Tank Special Listing Conditions: Standard Utilities: Water Available Water Source: Public Contingency Reason: Inspection; Other Showing Requirements: Appointment Only

Contract Information

Original List Price
169900
Listing Contract Date
2013-02-15
Property Sub Type
Triplex

Location Tax and Legal

Street Number
114
Street Name
Atlantic
County
Brevard
State
FL
Postal Code
32903
MLS Area Major
383 - N Indialantic
Subdivision Name
Canova Beach Vacation Homesites

Remarks and Miscellaneous

Public Remarks
Unique opportunity to obtain a nice tri-plex just a stones throw from the beach. Roof, Plumbing, Electrical and most windows updated in the last 5-7 years. Tons of potential for a great long term investment with a conservative CAP rate of 8.6%. Walk to the beach, close to shopping and schools this is a wonderful opportunity to start building or adding to your investment property portfolio. Has been used as a home so will require some interior renovations for all 3 units to be rentable

Status Change Information

Major Change Timestamp
2013-08-22T11:22:59Z
Major Change Type
Status Change
Status Change Timestamp
2013-08-22
Contingency
Active Under Contract
Purchase Contract Date
2013-06-03
Close Date
2013-08-20
Close Price
152000

More Information

Legal Details

Plat Book #
10
Plat Book Page
13

Historical Information

Public Historical Remarks 3
Source-Broker: Y, Equipment/Appliances-Range: Y, Number of Buildings: 1 Building

Location, Tax, and Legal

Tax Account
2716241
Parcel Number
27371377000000012500
General County Location
South
Elementary School
Indialantic
High School
Melbourne
Tax Annual Amount
1960.65
Tax Year
2012
Tax Legal Description
LOTS 125,126
Directions
South on Hwy A1A from Eau Gallie Blvd, 1/2 mile to West on Atlantic Ave. 114 On the left.

Appliances

Refrigerator
Yes

Cooling

Wall/Window Unit(s)
Yes

Flooring

Concrete
Yes
Terrazzo
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Dead End Street
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Income and Expenses

Gross Scheduled Income
0
Net Operating Income
0
Operating Expense
0

Owner Pays

Other
Yes

Roof

Shingle
Yes

Sewer

Septic Tank
Yes

Special Listing Conditions

Standard
Yes

Utilities

Water Available
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes

Contingency Reason

Inspection
Yes
Other
Yes
Listing Office: Nexus Real Estate, Inc.
Last Updated: May - 17 - 2026
Information is deemed to be reliable, but is not guaranteed.