$495,000
Indialantic, FL 32903
MLS# 1057940
Status: Closed

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Property Description
This 0.24-acre parcel along N Riverside Dr. is more than vacant land—it's a rare opportunity in Indialantic proper with RP Zoning. With a minimum lot size already met, the site allows for a variety of residential builds, from a spacious single-family home or a duplex. Professional offices are also permitted, opening doors for architects, attorneys, consultants, medical professionals and many other businesses seeking Riverside Drive exposure. Standing free of HOA restrictions, the lot's versatility makes it equally attractive for private development or investment. Surrounded by beaches, dining & lifestyle conveniences, the location offers the perfect balance of accessibility & appeal. Whether your vision leans residential or professional, this property offers the flexibility & zoning power to bring it to life.
Details
Maps
Documents
Location, Tax, and Legal
Tax Account: 2730122
Parcel Number: 27-37-36-Eo-00005.0-0029.00
General County Location: South
Elementary School: Indialantic
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 1395.3
Tax Year: 2023
Directions: Highway A1A N/S to 5th Ave
Turn West on 5th Ave
Turn right after 7 Eleven onto N Riverside Dr.
Destination will be on your right
General Property Information
Lot Size Acres: 0.24
Lot Size Square Feet: 10454
Association YN: No
Waterfront YN: No
CDD Fee YN: No
List Price/Acre: 2062500
Sold Price/Acre: 2062500
Remarks and Miscellaneous
Public Remarks: This 0.24-acre parcel along N Riverside Dr. is more than vacant land—it's a rare opportunity in Indialantic proper with RP Zoning. With a minimum lot size already met, the site allows for a variety of residential builds, from a spacious single-family home or a duplex. Professional offices are also permitted, opening doors for architects, attorneys, consultants, medical professionals and many other businesses seeking Riverside Drive exposure. Standing free of HOA restrictions, the lot's versatility makes it equally attractive for private development or investment. Surrounded by beaches, dining & lifestyle conveniences, the location offers the perfect balance of accessibility & appeal. Whether your vision leans residential or professional, this property offers the flexibility & zoning power to bring it to life.
Closing Company Details
Closing Company Name: Brad White / White Bird Law / (321) 327-5580 /bwhite@whitebirdlaw.com
Closing Company Address: 2101 Waverly Pl #100 Melbourne, FL 32901
Current Use
Residential: 1
Unimproved: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Water Source
Public: 1
Contract Information
Current Price: $495,000
Original List Price: 495000
Sold Price: $495,000
Status: Closed
Listing Contract Date: 2025-09-24
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 303
Street Direction Prefix: N
Street Name: Riverside
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32903
MLS Area Major: 383 - N Indialantic
Subdivision Name: Indialantic By The Sea
Status Change Information
Major Change Timestamp: 2026-03-25T19:37:33Z
Major Change Type: Status Change
Status Change Timestamp: 2026-03-25
Purchase Contract Date: 2026-02-11
Close Date: 2026-03-25
Close Price: 495000
Property Features
Current Use: Residential; Unimproved
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Possession: Close Of Escrow
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Electricity Available; Sewer Available; Water Available
Water Source: Public
Listing Office: Compass Florida, LLC
Last Updated: March - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.

RP Zoning Indialantic