Rare opportunity to create your own masterpiece on this .57 acre home site, just a short stroll to the nearby beach access and seconds from all of the conveniences along the Eau Gallie Blvd commercial corridor. Would be an amazing location for a larger, estate home, but is also zoned multi family for up to 5 townhomes/condos and also carries the coveted resort zoning which would allow for short term rentals. Neighboring .57 acre property also for sale, creating a superior development opportunity to combine the 2 and do a more substantive project there! There was a previous home on the property, so should be able to avoid any impact fees and the property is cleared and ready to go !
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
9
/10
Ocean Breeze Elementary School
1101 Cheyenne Dr
Distance between this listing and this school1.47 miles
Public District Grades KG-6
10
/10
Indialantic Elementary School
1050 N Palm Ave
Distance between this listing and this school2.17 miles
Public District Grades KG-6
10
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Surfside Elementary School
475 Cassia Blvd
Distance between this listing and this school3.09 miles
Public District Grades KG-6
Nearby Schools
5
/10
Hoover Middle School
2000 Hawk Haven Dr
Distance between this listing and this school2.07 miles
Public District Grades 7-8
8
/10
DeLaura Middle School
300 Jackson Ave
Distance between this listing and this school3.79 miles
Public District Grades 7-8
3
/10
L. B. Johnson Middle School
2155 Croton Rd
Distance between this listing and this school4.51 miles
Public District Grades 7-8
Nearby Schools
10
/10
West Shore Junior/Senior High School
250 Wildcat Aly
Distance between this listing and this school3.23 miles
Public District Grades 7-12
6
/10
Melbourne High School
74 Bulldog Blvd
Distance between this listing and this school3.68 miles
Public District Grades 9-12
8
/10
Satellite High School
300 Scorpion Ct
Distance between this listing and this school3.89 miles
The neighbors living near this home have an average income of $65,271. The most common annual income of people living in Indialantic, FL is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 116 Coral Way E
What is the listing price of this property?
The listing price of 116 Coral Way E property is $599,000.
What type of property is this?
The property 116 Coral Way E is land located in Indialantic, Florida, 32903.
Is this property for sale now?
Active Listing: 116 Coral Way E is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,857 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 11, 2017 for $285,000. (source: MLS/tax record).
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This home is located at 116 Coral Way E in Indialantic, FL and zip code 32903 in the Eden Estates neighborhood. This home sits on a 0.57 acre lot. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $599,000.
While more than 0 listings in Indialantic, FL in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 13 were sold below. The number of listings in Indialantic, FL increased by 10.9% between October 2024 and November 2024. In November 2024 median list price was $587,500 and the average listing age was 86 days.
From Rocket Homes Real Estate and based on county public records data.
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Hiking/backpacking
Hiking/backpacking
Extreme Sports
PGA/LPGA
Nordstrom Rack
Sam's Club
Stein Mart
Chipotle
White Castle
Bonefish Grill
Mazda
Oldsmobile
Lincoln
Rock
Classical
Contemporary Inspirational