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107 Franklyn Ave - 107 Franklyn Ave- Land/ MultiFamily 0.36 Acres of Commercial Land Offered at $1,224,222 CAD in Indialantic, FL 32903

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INVESTMENT HIGHLIGHTS

Redevelopment Potential – Zoned residential with future multifamily or multiland use (RU-1-12 or RA-2-6) for 4+ units.
Income Option – Includes a 4BR/2BA home to live in, rent, or use during redevelopment.

Prime Location – 1 block from A1A and near beach access, spanning Franklyn to Grosse Pointe.

PROPERTY FACTS

Price	$1,224,222 CAD	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Condition	Redevelopment Project	Proposed Use	Mixed Use Multifamily Single Family Development Single Family Residence
No. Lots	1	Total Lot Size	0.36 AC
Zoning	Residential - Potential Multi-Family/Multi-Land Use

Price	$1,224,222 CAD
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use Multifamily Single Family Development Single Family Residence
Total Lot Size	0.36 AC
Zoning	Residential - Potential Multi-Family/Multi-Land Use

1 LOT AVAILABLE

Lot

Price	$1,224,222 CAD	Lot Size	0.36 AC
Price Per AC	$3,400,616.32 CAD

Price	$1,224,222 CAD
Price Per AC	$3,400,616.32 CAD
Lot Size	0.36 AC

Prime .36-acre lot in Indialantic! Excellent location just one block from A1A and near beach access. Future land use allows multi-family (RU-1-12) or townhomes (RA-2-6) for 4+ units. Existing structure easily cleared for redevelopment.

DESCRIPTION

This .36-acre property is currently zoned residential, but offers incredible potential for multifamily or multiland use. Redevelop while you live on-site, or rent out the existing 4-bedroom, 2-bath home for income as you plan your project. Future land use allows for RU-1-12 (multi-family) or RA-2-6 (townhomes) zoning options—meaning the site could support at least four units, making it perfect for investors or developers looking to maximize value. Ideally located just one block from A1A and close to beach access, this road-to-road lot (Franklyn to Grosse Pointe) sits in one of Indialantic’s most desirable areas. Whether you envision multifamily housing, townhomes, or a creative mixed-use concept, this property offers unmatched versatility and opportunity!

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