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351 N Shannon Ave
Indialantic FL 32903 US

$869,000

Active Listing ID A11820099
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7 bed
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5.00 Bath (5 Full)
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Triplex

$869,000

Active Listing ID A11820099
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351 N Shannon Ave Cash Only | Sold As-Is | Fully Occupied Coastal Triplex | One Block from the Beach | Corner Lot | Opportunity to acquire a fully occupied, income-producing triplex located one block from the Atlantic Ocean along Second Avenue, one of Brevard County’s most supply-constrained beachside corridors. Situated on an oversized 0.34-acre corner lot, this 7-bedroom / 5-bath property offers approximately 3, 579 square feet under air with stable in-place rental income and clear long-term upside. Dual street frontage enhances future design flexibility, access, and exit optionality. Zoning and lot size present multiple value-add and redevelopment strategies, including potential townhome development or unit reconfiguration for higher rents (buyer to verify). The coastal location, limited surrounding inventory, and walk-to-beach proximity support durable rental demand and appreciation. Prime Indialantic location steps from the beach, dining, and local amenities—an area known for limited supply, strong tenant demand, and long-term coastal value. Well-suited for investors or developers seeking immediate cash flow with repositioning or redevelopment potential. Proof of funds required prior to access.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 5
  • Cooling System: Other (Cooling)
  • Floor Covering: Tile
  • Roof Type: Shingle

Property

  • propertytype: Residential
  • propertysubtype: Triplex
  • listprice: 869000
  • unparsedaddress: 351 N Shannon Ave
  • postalcity: Indialantic
  • stateorprovince: FL
  • country: US
  • postalcode: 32903
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3579
  • livingareaunits: Square Feet
  • listagentfullname: Tamara Lima
  • listagentemail: luxurycondomiami@gmail.com
  • listagentkey: 3yd-MAORFL-3385648
  • listagentmlsid: 3385648
  • listagentpreferredphone: 3054050615
  • listagentofficephone: 3054050615
  • listofficekey: 3yd-MAORFL-ROBR01
  • listagentstatelicense: 3385648
  • listofficemlsid: ROBR01
  • disclaimer: Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1962
  • listagenturl: http://www.beachfrontonline.com
  • countyorparish: Brevard
  • parcelnumber: 27-38-31-EO-65-1
  • cooling: Other (Cooling)
  • constructionmaterials: Block, Frame
  • flooring: Tile
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 5
  • roof: Shingle
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Beachfront Realty, Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"leads@beachforntonline.com", "ListBrokerageCity":"Miami Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"roberts9300@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RAMDCFL/c5ababc31d722d79011d727e4e350036/20081106155310385.pjpeg", "ListBrokerageName":"Beachfront Realty, Inc", "ListBrokeragePhone":"305-405-0615", "ListBrokeragePostalCode":"33140", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"517 Arthur Godfrey Rd", "ListBrokerageWebsiteUrl":"http://www.beachfrontonline.com", "ListOfficeAddress1":"18205 Biscayne Blvd Ste 2205", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0691034", "ListOfficeCity":"Aventura", "ListOfficeCountry":"US", "ListOfficeEmail":"beachfrontnews@beachfrontonline.com", "ListOfficePostalCode":"33160", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - Indialantic, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/139-2nd-Ave_Indialantic_FL_32903_M65299-89255?f=listhub&s=MAORFL&m=A11820099&c=rexren", "MLSModificationTimestamp":"2026-02-11T10:23:50Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Triplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9846, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/11/2026 5:11:42 PM GMT
Source Updated Date: 2/21/2026 1:11:41 PM GMT

Courtesy of: Tamara Lima, Beachfront Realty Inc, luxurycondomiami@gmail.com

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.