201 Mediterranean Way, Indian Harbour Beach, Fl 32937, FL201 Mediterranean Way, Indian Harbour Beach, Fl 32937, FL201 Mediterranean Way, Indian Harbour Beach, Fl 32937, FL
Stellar MLS
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$1,495,000

201 Mediterranean Way, Indian Harbour Beach, Fl 32937

Indian Harbour Beach, FL 32937

Listing updated: February 26, 2026 at 2:50 PM ET

Active
Listing courtesy of Southtrend Realty · Adam Rathbun · MLS #1070430 · Active · 321-752-1199
0
Baths
1.31
Acres
1.31 acres
Unimproved Land

Property type

57,064 sqft

Lot size

No HOA

HOA dues

About this home

The subject property consists of a 1.31-acre parcel located in the City of Indian Harbour Beach and is currently zoned B-1 (General Commercial). Permitted uses under this zoning designation include retail, restaurant, professional office, religious facilities, and other commercial uses. In addition, the property has been granted a Conditional Land Use approval allowing for the development of an assisted living facility. The previous property owner planned a three-story, 96-bed assisted living facility on the site, but that design would require official city approval. The City has also indicated a willingness to rezone the property to R-2 (Residential), which would permit development at a density of seven (7) dwelling units per acre. At this density, the 1.31-acre site would support approximately nine (9) units, with the potential to accommodate up to ten (10) townhome lots, subject to final site design and municipal approvals, as illustrated in the attached conceptual site plan. Mediterranean Way is currently developed with townhomes as part of the Fortebello community, providing strong compatibility with a potential residential redevelopment and supporting the feasibility of the proposed rezoning.

Estimated monthly payment

Principal & interest$7,560
Property taxes$1,370
Home insurance (est.)$685

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

  1. Price increased$1,495,000

Documents

Facts & features

Property type
Land
Sub type
Unimproved Land
Status
Active
Subdivision
None
County
Brevard
Lot size
57,064 sq ft
MLS #
1070430

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Listing Details

Original list price
$1,495,000

Location

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MLS GRID

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 February 26, 2026 at 2:50 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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