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.
For sale
$879,000
107 Franklyn Ave, Indialantic, FL 32903
4beds
1,616sqft
Single Family Residence
Built in 1964
0.36 Acres Lot
$840,100 Zestimate®
$544/sqft
$-- HOA
What's special
Unobstructed rocket launch viewsOversized parcel
- 285 days
- 319
- 5
Zillow last checked:
Listing updated:
Listed by:
Jennifer Brown 321-412-4021,
Relentless Real Estate Co.
Source: Space Coast AOR,MLS#: 1062648
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
Heating
- Central
Cooling
- Central Air
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,616 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Stories: 1
Lot
- Size: 0.36 Acres
- Features: Cleared
Details
- Additional parcels included: 2731680
- Parcel number: 273831Ew0000f.00004.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Roof: Shingle
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: NORTH INDIALANTIC BY THE SEA REPLAT OF
HOA
- Has HOA: No
Location
- Region: Indialantic
Financial & listing details
- Price per square foot: $544/sqft
- Tax assessed value: $442,870
- Annual tax amount: $2,358
- Date on market: 5/12/2026
- Listing terms: Cash,Conventional,Other
Estimated market value
$840,100
$798,000 - $882,000
$2,979/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $879,000-1.1%$544/sqft |
Source: Space Coast AOR #1062648 Report a problem | ||
| 11/21/2025 | Listed for sale | $889,000+1.4%$550/sqft |
Source: Space Coast AOR #1062648 Report a problem | ||
| 11/14/2025 | Listing removed | $877,000$543/sqft |
Source: Space Coast AOR #1057333 Report a problem | ||
| 10/10/2025 | Listed for sale | $877,000+227.2%$543/sqft |
Source: Space Coast AOR #1057333 Report a problem | ||
| 6/1/2009 | Sold | $268,000$166/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,358 +8.3% | $170,340 +2.9% |
| 2024 | $2,178 +2.2% | $165,540 +3% |
| 2023 | $2,132 +7.5% | $160,720 +3% |
| 2022 | $1,983 -2.6% | $156,040 +3% |
| 2021 | $2,036 +2.6% | $151,500 +1.4% |
| 2020 | $1,984 +2.9% | $149,410 +2.3% |
| 2019 | $1,927 | $146,060 +1.9% |
| 2018 | $1,927 +0.1% | $143,340 +2.1% |
| 2017 | $1,926 -0.5% | $140,400 +2.1% |
| 2016 | $1,935 -1.2% | $137,520 +0.7% |
| 2015 | $1,959 -2.7% | $136,570 +0.8% |
| 2014 | $2,014 | $135,490 -5.5% |
| 2013 | -- | $143,440 +9.3% |
| 2012 | $1,642 -1.4% | $131,260 -0.9% |
| 2011 | $1,665 -32.2% | $132,460 -29.9% |
| 2010 | $2,458 -24.6% | $189,020 -11.1% |
| 2009 | $3,260 -18.7% | $212,560 -18.7% |
| 2008 | $4,011 -8.9% | $261,400 -9.6% |
| 2007 | $4,404 +19.2% | $289,200 +69.3% |
| 2005 | $3,696 +47.7% | $170,810 +33% |
| 2004 | $2,502 +8.6% | $128,430 +2.5% |
| 2003 | $2,305 +14.7% | $125,290 +13.3% |
| 2002 | $2,009 +15.7% | $110,580 +8.9% |
| 2001 | $1,737 +22.2% | $101,580 +32.2% |
| 2000 | $1,421 | $76,820 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32903
Nearby schools
Schools provided by the listing agent
- Elementary: Indialantic
- Middle: Hoover
- High: Melbourne
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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