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!
For sale
$825,000
137 Washington Ave #B, Indialantic, FL 32903
4beds
1,669sqft
Est.:
Duplex
Built in 1964
-- sqft lot
$779,900 Zestimate®
$494/sqft
$-- HOA
What's special
- 21 days |
- 260 |
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