Offered at $2,450,000, 312 Wavecrest Ave presents a rare chance to acquire the only non-condominium, non-commercial oceanfront triplex in Indialantic, FL. The property features 100 feet of direct ocean frontage on a corner lot, with excellent visibility and walkable access to shopping, dining, and entertainment. Currently configured as three fully independent units, the owners have lived in one unit while operating the other two as successful short-term rentals. This live/lease flexibility, combined with legal short-term rental zoning (a rarity in the area), makes this a strong lifestyle investment with immediate income potential. Each unit includes a private patio with hot tub and a one-car garage. Two units offer oceanview balconies from the second floor. The property is zoned for a variety of uses, creating future upside through potential redevelopment, continued rental income, or full-time owner occupancy. Ideal for 1031 exchange buyers, boutique investors, or those seeking a beachfront legacy asset with proven rental performance and long-term appreciation potential.