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Residential Investment

Multifamily Property Available

1501 Shannon Avenue, Indialantic, Florida 32903

Sold: $1,335,000
$247.22 / SF
Updated Sep 30, 2026
Categories Apartments

About this property

8 Unit Apartment complex.

100% leased.

Located in desirable Indialantic.

2 blocks from the beach.

Each unit falls within Palms Eight Condo Complex and can be rented as apartments or sold as condos.

Property has onsite parking.

Common area washer/dryer.

2 story building - 4 units per floor.

All units are 2 bed/2 bath.

Many capital improvements have been performed over the last 2 years.

Please call for financial details.

Property details

Property Type
Residential
Building Type
Freestanding
Building Size
5,400 sqft
Land Size
0.41 acres
Units
8
Zoning
R-1A
Year Built
1928
Parking
Yes

Documents 1 file

1501-S-Shannon-Ave.pdf 18.6 MB

Last updated: Sep 30, 2026

Location

Address
1501 Shannon Avenue
Indialantic, Florida 32903
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.