Active
3191 N Highway A1a
Indialantic FL, 32903
$5,500,000
$1,272.26 per sqft
Active
2 Baths
4,323 sqft
Commercial
Built in 1959
Seize this unparalleled opportunity to own one of the most coveted pieces of real estate on the Space Coast. This .49-acre oceanfront property, home to one of Brevard County's most popular oceanfront restaurants for over 20 years, offers 4,323 sq ft of prime entertainment space. Zoned BU-1, with 180 ft of frontage along highway A1a and the Ocean, the property accommodates a range of uses, including resort dwellings, restaurants, nightclubs, and retail establishments. With a redevelopment height threshold of 60 feet under current zoning, developers might have the potential to expand even further. The property benefits from high visibility along Eau Gallie Blvd and Highway A1A, with nearly 50,000 vehicles passing by daily. This prime oceanfront location has proven its value over the past 25 years. The Florida Department of Transportation (FDOT) recently completed a pedestrian crosswalk just 75 feet from the property, enhancing both accessibility and convenience. Don't miss this once-in-a-lifetime landmark development opportunity.
1021273
MLSⓇ ID
August 3, 2024
Listed
November 4, 2024
Updated
Map
3191 N Highway A1a
Indialantic FL, 32903
Interior Features
Total Stories
2
Total Bathrooms
2
Floor Description
Concrete, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Building
Heating
No
Exterior/Building Features
Lot Size
0.47 Acres
Lot Features
Other
Roof
Membrane
Sewer
Public Sewer
Other Property Details
Area Name
383 - N Indialantic
Taxes
$9,853
Tax Frequency
Annually
Garage
No
Parking
Parking Lot
View
No
County
Brevard
Water Source
Public
Pool
No
Waterfront
Yes
Courtesy of One Sotheby's International, James Edmunds,
Listing Contact: 321-984-3135
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Caruso Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.