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.

 

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