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2167 - 2179 Tanager Court (Indialantic) Cor - Paradise Cay Oceanside 0.3 Acres of Residential Land Offered at $2,365,576 CAD in Indialantic, FL 32903
Investment Highlights
- Shovel Ready / Fully Entitled
- Weekly Rentals permitted. Great investment as well as Beachside residence.
- across from Paradise Beach Park
Executive Summary
* 6 Approved Luxury Residences
* Weekly Vacation Rentals Permitted
* Plans & Condominium Documents Included
* Prime A1A Location Across from Paradise Beachfront Park
* Fully Entitled & Development Ready
Paradise Cay Oceanside presents a rare opportunity to acquire a fully entitled, shovel-ready boutique luxury development site in one of Brevard Couty's most desirable barrier island locations.
Positioned directly on A1A across from Paradise Beach Park, this seven-parcel assemblage is approved for six luxury residential units with weekly vacation rentals permitted, offering exceptional flexibility for developers and investors seeking premium coastal inventory.
Years of planning and entitlement work have already been completed. Included with the sale are site plans, architectural drawings, cabinetry drawings and condominium documents, allowing the next owner to move toward construction while reducing entitlement risk, soft costs and development timelines.
With direct beach access via a signalized pedestrian crossing and restaurants, cafes, shopping and entertainment within walking distance, the property combines an irreplaceable location with a boutique luxury development opportunity that is increasingly difficult to replicate along Florida's Space Coast.
Property Facts
| Price | $2,365,576 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| Sale Conditions | Total Lot Size | 0.30 AC | |
| No. Lots | 1 | Cross Streets | A1A |
| Property Type | Land |
| Price | $2,365,576 CAD |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.30 AC |
| Cross Streets | A1A |
1 Lot Available
Lot
| Price | $2,365,576 CAD | Lot Size | 0.30 AC |
| Price Per AC | $7,885,252.93 CAD |
| Price | $2,365,576 CAD |
| Price Per AC | $7,885,252.93 CAD |
| Lot Size | 0.30 AC |
Part of S 1004.1 FT OF GOVT LOT 6 W OF A1A AS DES IN ORB 1858 PG 577 EX ORB 2097 PG 453, 4256 PG 748 Tax Acc #s 3031157, 3031156, 3031155, 3031158, 3031154, 3031153, 3031152
Description
INVESTMENT SNAPSHOT Offering Price $ 1,695,000 Property Type Boutique Luxury Development Site Development Status Fully Entitled / Shovel Ready Approved Residences 6 Units Vacation Rentals Weekly Rentals Permitted Development Package Included Assemblage 7 Tax Parcels Location Directly on A1A Beach Access Across from Paradise Beach INVESTOR HIGHLIGHTS Development Ready * Complete entitlements * Reduced timeline to construction * Site plans included *Architectural drawings included * Condominium documents included EXCEPTIONAL LOCATION * Direct A1A frontage * Paradise Beach directly across the street * Signalized pedestrian crossing * Walkable restaurants and shopping * Established luxury beachside community INVESTOR ALERT * Current federal tax provisions may create significant tax planning opportunities through 100% bonus depreciation on qualifying improvements and depreciable assets. * Combined with a shovel-ready six-unit development site, Paradise Cay Oceanside provides the opportunity to accelerate construction while potentially maximizing available tax benefits for qualifying improvements. Purchasers should consult their CPA or tax advisor regarding eligibility. Depreciation generally applies to qualifying improvements and depreciable property placed in service and not to the underlying land itself.
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2167 - 2179 Tanager Court (Indialantic) Cor - Paradise Cay Oceanside
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