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 Ave offers one of Indialantic's most compelling beachside opportunities.