3191 N Highway A1a Pending

Indialantic,FL 32903

$ 5500000

0 Bed

2 Baths

4323 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Pending

Purchase Type For Sale

Square Footage 4,323 sqft

Price per Sqft $1,272

Subdivision Canova Beach Sec A

MLS Listing ID 1021273

Total Fin. Sqft 4323

Originating Board Space Coast MLS (Space Coast Association of REALTORS®)

Year Built 1959

Annual Tax Amount $9,853

Tax Year 2022

Lot Size 0.470 Acres

Acres 0.47

Property Sub-Type Business

Property Description

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.

Location

State FL

County Brevard

Area 383 - N Indialantic

Direction 1. Start from Melbourne Beach: • Head north on A1A (Atlantic Street). 2. Continue on A1A: • Follow A1A north for approximately 6 miles. • You will pass through the town of Indialantic. 3. Arrive at 3191 N Highway A1A: • Your destination will be on the right-hand side of the road.

Body of Water Atlantic Ocean

Interior

Cooling Central Building

Flooring Concrete,Wood

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Parking Lot

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Waterfront Description Ocean Front

Roof Type Membrane

Present Use Commercial,Mixed Use

Road Frontage State Road

Garage No

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 27-37-13-02-00001.0-0004.01

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