137 Washington Avenue, Indialantic, FL 32903

$688,000
4
BD
2
BA
1,669
SqFt

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Sold Price
$688,000
List Price
$825,000
Closing Date
Nov 24, 2025
MLS#
1057547
Type
Multifamily
Bedrooms
4
Bathrooms
2
Living Area
1,669
Lot Size
19,602
Subdivision
Green Field Subd
Year Built
1964

Property Description

Currently zoned RU-10, this property offers an opportunity for expansion & investment. Under existing zoning, you can ADD ANOTHER DUPLEX & with county approval, you may be able to rezone for additional density, such as a quadraplex while keeping the existing duplex. The RU-10 zoning also permits short-term rentals such as Airbnb/VRBO, giving you flexibility whether you prefer long-term tenants or vacation rental income. You might even add a single-family home & retain the existing duplex — the options are open. Explore the possibilities with the county and you may be pleasantly surprised by what can be achieved here! The existing duplex features 2 bedrooms & one bathroom per side, each with its own 1-car garage. One unit boasts a remodeled kitchen, & both have been freshly painted inside. Each side also includes a private fenced patio area for tenants to relax & enjoy. Enjoy steady rental income today while you plan while you plan future expansion!

Additional Information

Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Exterior Construction
Concrete
Roof
Shingle
High School
Melbourne
Middle School
Hoover
Elementary School
Indialantic
Utilities
Electricity Connected, Water Available
Floor
Tile, Terrazzo
Heating
Central
Cooling
Central Air

Listing courtesy of Grand Star Realty of Brevard. Selling Office: Grand Star Realty of Brevard.

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