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113-119 5th Ave 6,037 SF 85% Leased Retail Building Indialantic, FL 32903 $1,774,682 CAD ($293.97 CAD/SF)
Investment Highlights
- Value Add
- Downtown Setting
- Walking Distance to the Beach
Executive Summary
Introducing a prime Value-Add investment opportunity in the thriving
Indialantic area. This 6,037 SF property features 4 fully occupied units,
providing a stable and lucrative income stream for retail and strip center
investors. With 100% occupancy with tenants paying under market rent,
this desirable building presents a strong financial profile and excellent
potential for long-term success. The property's strategic location in the
heart of Indialantic ensures high visibility and accessibility for businesses,
while offering an attractive opportunity for savvy investors seeking a
rewarding addition to their portfolio.
Indialantic area. This 6,037 SF property features 4 fully occupied units,
providing a stable and lucrative income stream for retail and strip center
investors. With 100% occupancy with tenants paying under market rent,
this desirable building presents a strong financial profile and excellent
potential for long-term success. The property's strategic location in the
heart of Indialantic ensures high visibility and accessibility for businesses,
while offering an attractive opportunity for savvy investors seeking a
rewarding addition to their portfolio.
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,037 SF
Building Class
C
Year Built
1957
Price
$1,774,682 CAD
Price Per SF
$293.97 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.34 AC
Zoning
C
Frontage
100’ on 5TH AVE
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-38-31-EO-00027.0-0012.00 | Improvements Assessment | $0 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Total Assessment | $818,224 CAD (2025) |
Property Taxes
Parcel Number
27-38-31-EO-00027.0-0012.00
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$818,224 CAD (2025)
(321) 722-0707
x15
Contacts
-
Vitor De Sousa, CCIM -
Blake Wilson -
Jeffery Robison -
Lightle Beckner Robison, Inc.
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
113-119 5th Ave
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