$879,000
107 Franklyn Avenue, Indialantic, Fl 32903
Indialantic, FL 32903
Listing updated: June 25, 2026 at 9:48 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage spaces
About this home
Prime Beachside Redevelopment Opportunity with Unobstructed Rocket Launch Views! Rare road-to-road 0.36-acre parcel in the heart of Indialantic offering exceptional flexibility for investors, builders, and end users. The property extends from Franklyn Avenue to Grosse Pointe and includes an existing 4bed/2bath concrete block home, providing immediate occupancy, rental income, or a holding opportunity while planning redevelopment. Current RU-1-11 zoning allows the parcel to be divided into 2 single-family homes with future rezoning potential to RU-2-12 (up to four multifamily units with a 45-foot building height or RA-2-6 (2 luxury townhomes). Buyers should verify all zoning and development during due diligence. Located just one block from A1A and public beach access, this oversized parcel is within walking distance of restaurants, shopping, parks, and everything that makes beachside living so desirable. Whether you're looking to build, develop, invest, or enjoy the existing home while planning your next project, 107 Franklyn Avenue offers one of Indialantic's most compelling beachside opportunities.
Local Insight
At $879K for a 1964 home on a modest 0.36-acre lot, you're paying right at the neighborhood median, which means this property's value hinges entirely on location—whether it has ocean access, river frontage, or dock rights that justify the price tag (details that aren't specified here and should be your first question). A 4-bed/2-bath built in the mid-60s will likely need systems updates and potential foundation work typical of that era on a barrier island, so factor in inspection costs carefully before getting attached to the price. The real opportunity or trap here depends on walkability to Fifth Avenue amenities and proximity to water—if this is a standard interior lot without waterfront, you're overpaying; if it has dock access or ocean views, it could be a solid entry point into Indialantic's market.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Status: ActiveMay 12, 2026
- Listed$889,000May 12, 2026
- Price reduced$879,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Subdivision
- North Indialantic By The Sea Replat Of
- County
- Brevard
- Year built
- 1964
- Living area
- 1,616 sq ft
- Price/sq ft
- $544
- Building area
- 0 sq ft
- Lot size
- 15,682 sq ft
- Garage
- 2 spaces
- Parcel #
- 27-38-31-Ew-0000f.0-0004.00
- MLS #
- 1062648
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
Interior Details
- Bedrooms
- 4
- Full bathrooms
- 2
Parking
- Garage spaces
- 2
Listing Details
- Listing date
- 2025-11-20
- On market date
- 2026-05-12
- Original list price
- $889,000
- Status changed
- 2026-05-12
Location
More homes like this
$1,485,000
1125 N Highway A1a 501, Indialantic, Fl 32903
Indialantic, FL 32903
3 bd · 3 ba · 2,124 sqft
North Indialantic By The Sea Replat Of
MLS ID #1063639, RE/MAX Aerospace Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$624,900
506 Magnolia Avenue, Melbourne Beach, Fl 32951
Melbourne Beach, FL 32951
3 bd · 2 ba · 1,452 sqft
Island Shores Of Melbourne Beach
MLS ID #1080949, One Sotheby's International.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$699,000
105 Waters Edge Lane, Indialantic, Fl 32903
Indialantic, FL 32903
4 bd · 2 ba · 2,076 sqft
Seaside Subdivision
MLS ID #1080914, CENTURY 21 Circle.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$659,000
209-215 S Riverside Drive, Indialantic, Fl 32903
Indialantic, FL 32903
5 bd · 3 ba · 1,751 sqft
MLS ID #1080904, LoKation.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 25, 2026 at 9:48 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA