$2,200,000
Indialantic, FL 32903
MLS# 1089666
5 baths | 2681 sqft
1 / 4
Property Description
Rare direct-oceanfront 5-unit motel in the heart of Indialantic's beachside tourist district. Opportunities like this almost never come to market. Operating for years as an established vacation rental, this boutique property offers 5 furnished units steps from the sand, private porches with ocean breezes, and a guest hot tub overlooking the Atlantic Ocean. Run it as a turnkey short-term rental, live in one unit and rent the others, or hold it as a long-term coastal land play. The property is in a tourist-oriented zoning district with flexible future uses. Buyers should verify permitted uses with the Town of Indialantic. Walk to Fifth Avenue dining and shops. About 20 minutes to Melbourne Orlando International Airport and about an hour to Orlando's theme parks.
Details
Maps
Contract Information
Comp Sale YN: No
Current Price: $2,200,000
Original List Price: 2200000
List Price: $2,200,000
Status: Active
Listing Contract Date: 2026-10-09
Property Sub Type: Hotel/Motel
Location, Tax, and Legal
Tax Account: 2731371
General County Location: South
Tax Annual Amount: 9164.19
Tax Year: 2025
Tax Legal Description: INDIALANTIC BY THE SEA LOTS 38,39 & 40 BLK 39
Directions: When heading east on US192 make a right on hwy A1A then make a left on 8th ave right onto wave Crest and property will be on the right
General Property Information
Number Of Units Total: 5
Stories Total: 2
Building Area Total: 2681
Building Area Source: Public Records
Lot Size Acres: 0.12
Building Name: Ocean Front Cottages
Water Body Access YN: No
Waterfront YN: No
Land Lease YN: No
List Price/SqFt: 820.59
Bathrooms Total: 5
Year Built: 1952
Remarks and Miscellaneous
Public Remarks: Rare direct-oceanfront 5-unit motel in the heart of Indialantic's beachside tourist district. Opportunities like this almost never come to market. Operating for years as an established vacation rental, this boutique property offers 5 furnished units steps from the sand, private porches with ocean breezes, and a guest hot tub overlooking the Atlantic Ocean. Run it as a turnkey short-term rental, live in one unit and rent the others, or hold it as a long-term coastal land play. The property is in a tourist-oriented zoning district with flexible future uses. Buyers should verify permitted uses with the Town of Indialantic. Walk to Fifth Avenue dining and shops. About 20 minutes to Melbourne Orlando International Airport and about an hour to Orlando's theme parks.
Construction Materials
Frame: 1
Cooling
Electric: 1
Current Use
Hotel/Motel: 1
Heating
Electric: 1
Listing Terms
Cash: 1
Lot Features
Cleared: 1
Parking Features
Parking Lot: 1
Possession
Close Of Escrow: 1
Roof
Membrane: 1
Security Features
24 Hour Security: 1
Closed Circuit Camera(s): 1
Sewer
Public Sewer: 1
Unit 1 Details
Unit ID: 1
Annual Rent: 0
Unit SqFt: 500
# Units (This Type): 1
Baths Total: 1
Furnished: Furnished
Unit Remarks: First Floor unit
Unit 2 Details
Unit ID: 2
Annual Rent: 0
Unit SqFt: 400
# Units (This Type): 1
Baths Total: 1
Furnished: Furnished
Unit Remarks: First Floor Unit
Unit 3 Details
Unit ID: 3
Annual Rent: 0
Unit SqFt: 450
# Units (This Type): 1
Baths Total: 1
Furnished: Furnished
Unit Remarks: Second Floor Unit
Unit 4 Details
Unit ID: 4
Annual Rent: 0
Unit SqFt: 400
# Units (This Type): 1
Baths Total: 1
Furnished: Furnished
Unit Remarks: Second Floor Unit
Unit 5 Details
Unit ID: 5
Annual Rent: 0
Unit SqFt: 400
# Units (This Type): 1
Baths Total: 1
Furnished: Furnished
Unit Remarks: Second Floor Unit
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Video Surveillance: 1
Building Features
% Air Conditioned or Heated: 100
Ceiling Type
Drywall: 1
Location
Beach Area: 1
Showing Considerations
Occupied: 1
Sale Includes
Building & Land: 1
Business with Real Estate: 1
Furniture, Fixtures and Equipment: 1
Location Tax and Legal
Street Number: 612
Street Name: Wave Crest
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32903
MLS Area Major: 384-Indialantic/Melbourne Beach
Subdivision Name: Indialantic By The Sea
Status Change Information
Major Change Timestamp: 2026-10-09T19:43:59Z
Major Change Type: New Listing
Status Change Timestamp: 2026-10-09
Property Features
Ceiling Type: Drywall
Construction Materials: Frame
Cooling: Electric
Current Use: Hotel/Motel
Heating: Electric
Listing Terms: Cash
Location: Beach Area
Lot Features: Cleared
Parking Features: Parking Lot
Possession: Close Of Escrow
Roof: Membrane
Sale Includes: Building & Land; Business with Real Estate; Furniture, Fixtures and Equipment
Security Features: 24 Hour Security; Closed Circuit Camera(s)
Sewer: Public Sewer
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; Video Surveillance
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Listing Office: Arium Real Estate, LLC
Last Updated: October - 28 - 2026
Information is deemed to be reliable, but is not guaranteed.