Property Description

DIRECT OCEANFRONT-SHORT-TERM RENTAL FLEXIBILITY, PRIV. 2-CAR GARAGE, & EXCEPTIONAL INCOME POTENTIAL. Seller will pay 12 months of HOA dues at closing ($13,800 value)! Own a piece of paradise in the heart of Indialantic located in an intimate 8-unit boutique community. Offering breathtaking Atlantic Ocean views, 3 bedroom, 2 bath, a private 2-car garage, and the ability to rent short-term, this property presents a rare opportunity for investors, second-home buyers, or those seeking full-time beachfront living. Spanning over 2,000 square feet, this spacious multi-level condominium features a unique townhome-style floor plan designed to maximize both privacy and views. The open-concept living area is filled with natural light and flows seamlessly onto an oversized covered oceanfront balcony, creating the perfect setting for morning coffee, entertaining guests, or simply enjoying the sights and sounds of the ocean. The beautifully renovated kitchen showcases white cabinetry, granite countertops, stainless steel appliances, and a large center island overlooking the living and dining areas. Tile flooring throughout the main living spaces provides both durability and easy maintenance. The spacious primary suite features stunning ocean views and a private sitting area, while the guest accommodations offer comfort and privacy, including access to a west-facing balcony ideal for enjoying Florida's spectacular sunsets. For investors, the income potential is substantial. A comparable 2-bedroom unit within the building currently generates approximately $70,000 to $80,000 annually in gross rental income. Given this residence's larger floor plan, additional bedroom, and strong appeal to larger families and groups, there is significant potential for even greater rental performance. Current ownership has limited rental availability through personal usage and occupancy restrictions, creating considerable upside opportunity for future owners. Additional features include impact-rated sliding glass doors, ample storage space, and future reservations that may provide immediate income opportunities. Recent building improvements include a new roof in 2023 and exterior paint and stucco restoration completed in 2018. Ideally located near restaurants, shopping, entertainment, and local attractions, this exceptional oceanfront property combines lifestyle, flexibility, and investment potential in one of Indialantic's most desirable beachside locations. Whether you're searching for a high-performing vacation rental, a luxury coastal retreat, or your forever home by the sea, this rare offering delivers it all.