137 Washington Avenue B, Indialantic, FL 32903 (MLS# 1057547)

137 Washington Avenue B, Indialantic, FL 32903

$688,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1057547

Property Type: Residential Income Bedrooms: 4 Baths: 2 Square Footage: 1,669 Lot Size (sq. ft.): 19,602 Status: Closed

Current Price: $688,000 List Date: 10/06/2025 Last Modified: 4/23/2026

Overview

Description

Currently zoned RU-10, this property offers an opportunity for expansion & investment. Under existing zoning, you can ADD ANOTHER DUPLEX & with county approval, you may be able to rezone for additional density, such as a quadraplex while keeping the existing duplex. The RU-10 zoning also permits short-term rentals such as Airbnb/VRBO, giving you flexibility whether you prefer long-term tenants or vacation rental income. You might even add a single-family home & retain the existing duplex — the options are open. Explore the possibilities with the county and you may be pleasantly surprised by what can be achieved here! The existing duplex features 2 bedrooms & one bathroom per side, each with its own 1-car garage. One unit boasts a remodeled kitchen, & both have been freshly painted inside. Each side also includes a private fenced patio area for tenants to relax & enjoy. Enjoy steady rental income today while you plan while you plan future expansion!

Listing Details MLS# 1057547

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 2
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1669
Living Area Source: Appraiser
Accessibility Features YN: No
New Construction YN: No
Year Built: 1964
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Open Parking Spaces: 5
Parking Total: 2
Lot Size Acres: 0.45
Lot Size Square Feet: 19602
Association YN: No
CDD Fee YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: Yes
Stories: Yes
Direction Faces: Northeast
Pool Private YN: No
Senior Community YN: No
List Price/SqFt: 494.31
Sold Price/SqFt: 412.22
Bathrooms Half: 0

Property Features

Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Construction Materials: Concrete Cooling: Central Air Current Use: Investment Fencing: Back Yard; Fenced Flooring: Terrazzo; Tile Heating: Central Laundry Features: Electric Dryer Hookup; In Garage; Washer Hookup Listing Terms: Cash; Conventional Owner Pays: Trash Collection Parking Features: Garage Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Electricity Connected; Water Available Water Source: Public

Contract Information

Original List Price: 819000
Listing Contract Date: 2025-09-18
Start Showing Date: 2025-10-06
Property Sub Type: Duplex

Location Tax and Legal

Street Number: 137
Street Name: Washington
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32903
MLS Area Major: 383 - N Indialantic
Subdivision Name: Green Field Subd

Remarks and Miscellaneous

Public Remarks: Currently zoned RU-10, this property offers an opportunity for expansion & investment. Under existing zoning, you can ADD ANOTHER DUPLEX & with county approval, you may be able to rezone for additional density, such as a quadraplex while keeping the existing duplex. The RU-10 zoning also permits short-term rentals such as Airbnb/VRBO, giving you flexibility whether you prefer long-term tenants or vacation rental income. You might even add a single-family home & retain the existing duplex — the options are open. Explore the possibilities with the county and you may be pleasantly surprised by what can be achieved here! The existing duplex features 2 bedrooms & one bathroom per side, each with its own 1-car garage. One unit boasts a remodeled kitchen, & both have been freshly painted inside. Each side also includes a private fenced patio area for tenants to relax & enjoy. Enjoy steady rental income today while you plan while you plan future expansion!

Status Change Information

Major Change Timestamp: 2025-11-24T19:26:39Z
Major Change Type: Status Change
Price Change Timestamp: 2025-09-20T20:39:37Z
Status Change Timestamp: 2025-11-24
Purchase Contract Date: 2025-10-16
Close Date: 2025-11-24
Close Price: 688000

More Information

Closing Company Details

Closing Company Name: Alliance Title liz@alliancetitlefl.com 321-724-9600
Closing Company Address: 10 S Harbor City Blvd. Melbourne, FL 32901

DPR Eligible

DPR Eligible: Yes

Legal Details

Plat Book #: 140029

Unit 1 Details

Unit ID: A
Actual Rent: 1500
Unit SqFt: 835
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: currently vacant

Unit 2 Details

Unit ID: B
Actual Rent: 1500
Unit SqFt: 835
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: currently vacant

Location, Tax, and Legal

Unit Number: B
Tax Account: 2730964
Parcel Number: 27-38-30-51-00004.0-0006.00
General County Location: South
Elementary School: Indialantic
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 6098.4
Tax Year: 2023
Directions: From 5th Ave head north about a mile and turn left onto Washington Ave. Property is on the left.

Appliances

Dishwasher: Yes
Electric Range: Yes
Electric Water Heater: Yes
Microwave: Yes
Refrigerator: Yes

Construction Materials

Concrete: Yes

Cooling

Central Air: Yes

Current Use

Investment: Yes

Fencing

Back Yard: Yes
Fenced: Yes

Flooring

Terrazzo: Yes
Tile: Yes

Heating

Central: Yes

Laundry Features

Electric Dryer Hookup: Yes
In Garage: Yes
Washer Hookup: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Garage: Yes

Possession

Close Of Escrow: Yes

Owner Pays

Trash Collection: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Utilities

Electricity Connected: Yes
Water Available: Yes

Water Source

Public: Yes

Listing Office: Grand Star Realty of Brevard

Last Updated: April - 23 - 2026

Information is deemed to be reliable, but is not guaranteed.