612 Wave Crest AVE, Indialantic, FL 32903
612 Wave Crest AVE, Indialantic, FL 32903
612 Wave Crest AVE, Indialantic, FL 32903
4
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$2,200,000
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5 Baths
2,681 SqFt
New

612 Wave Crest AVE Indialantic, FL 32903

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Nicholas Morehead

Nicholas Morehead

+1(408) 857-6995

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 2,681 sqft

Price per Sqft $820

Subdivision Indialantic By The Sea

MLS Listing ID 1089666

Total Fin. Sqft 2681

Year Built 1952

Annual Tax Amount $9,164

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Hotel/Motel

Source Space Coast MLS (Space Coast Association of REALTORS®)

Land Area 2681

Property Description

Rare direct-oceanfront 5-unit motel in the heart of Indialantic's beachside tourist district. Opportunities like this almost never come to market. Operating for years as an established vacation rental, this boutique property offers 5 furnished units steps from the sand, private porches with ocean breezes, and a guest hot tub overlooking the Atlantic Ocean. Run it as a turnkey short-term rental, live in one unit and rent the others, or hold it as a long-term coastal land play. The property is in a tourist-oriented zoning district with flexible future uses. Buyers should verify permitted uses with the Town of Indialantic. Walk to Fifth Avenue dining and shops. About 20 minutes to Melbourne Orlando International Airport and about an hour to Orlando's theme parks.

Location

State FL

County Brevard

Area 384-Indialantic/Melbourne Beach

Direction When heading east on US192 make a right on hwy A1A then make a left on 8th ave right onto wave Crest and property will be on the right

Interior

Heating Electric

Cooling Electric

Inclusions Furniture, Fixtures and Equipment, Business with Real Estate, Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Parking Lot

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

Waterfront Description Ocean Access,Ocean Front

Roof Type Membrane

Present Use Hotel/Motel

Garage No

Building

Lot Description Cleared

Sewer Public Sewer

Water Public

Others

Senior Community No

Security Features 24 Hour Security,Closed Circuit Camera(s)

Acceptable Financing Cash

Listing Terms Cash

Space Coast Association of Realtors (Brevard MLS)
Listed by Arium Real Estate, LLC

Nearby Locations

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Nicholas Morehead

Nicholas Morehead

License ID: 3514465

+1(408) 857-6995

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612 Wave Crest AVE