Seller's Agent in 2025
Rachel Cahill
Board & Beam Realty, LLC
(321) 305-9388
1 in this area
59 Total Sales
100 Flug Ave Indialantic, FL 32903
Paradise Beach Neighborhood
0.3
Acres
$2,600,000
Price per Acre
13,068
Sq Ft Lot
Highlights
- Water Access
- Corner Lot
- No HOA
- Indialantic Elementary School Rated A-
About This Lot
As of October 2025Prime beachside development opportunity with a private finance option! This high-visibility corner lot is perfectly positioned on A1A in Indialantic, steps from public beach access directly across the street. Zoned commercial mixed-use, this lot offers incredible flexibility - ideal for a combination of residential, commercial, or short-term rental use. Build up to 3 stories and take advantage of the Airbnb-permitted zoning, making this a rare chance for investors, developers, or business owners to create something truly special. Imagine a trendy restaurant, boutique retail, modern office space, or luxury residential units. Surrounded by popular shops, cafes, and restaurants, and set in one of Brevard's most walkable and high-demand beachside corridors, this location offers both lifestyle and high traffic exposure. Whether you're looking to build and hold, develop to sell, or launch your next flagship project 100 Flug Ave. offers the zoning, location, and visibility to make it happen.
Last Agent to Sell the Property
Board & Beam Realty, LLC License #3433707 Listed on: 07/14/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,292
Lot Details
- 0.3 Acre Lot
- Brick Fence
- Corner Lot
- Cleared Lot
Schools
- Indialantic Elementary School
- Hoover Middle School
- Melbourne High School
Listing and Financial Details
- Assessor Parcel Number 27-38-30-51-00001.0-0001.00
Community Details
Overview
- No Home Owners Association
- Green Field Subd Subdivision
Recreation
- Water Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2025
Closed on
Oct 15, 2025
Sold by
Osprey Five Inc
Bought by
100 Flug Ave Llc
Seller's Agent
Rachel Cahill
Board & Beam Realty, LLC
Buyer's Agent
Ellen Rubino
RE/MAX Aerospace Realty
List Price
$810,000
Sold Price
$780,000
Premium/Discount to List
-$30,000
-3.7%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,844
Avg. Annual Appreciation
-3.88%
Original Mortgage
$546,000
Outstanding Balance
$314,526
Interest Rate
6.5%
Mortgage Type
Construction
Estimated Equity
$452,630
Purchase Details
Closed on
Mar 13, 2023
Sold by
Windermere Springs Llc
Bought by
Osprey Five Inc
Purchase Details
Listed on
Mar 28, 2022
Closed on
Apr 29, 2022
Sold by
George Mcnulty Iii
Bought by
Windermere Springs Llc
Seller's Agent
Mike Jaffe
The Jaffe Group
Buyer's Agent
Bea Jaffe
Paradise Properties of Brevard
List Price
$350,000
Sold Price
$376,000
Premium/Discount to List
$26,000
7.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.12%
Original Mortgage
$180,000
Interest Rate
4.42%
Mortgage Type
Construction
Purchase Details
Listed on
Mar 28, 2022
Closed on
Mar 1, 2022
Sold by
Mcnulty Nancy J
Bought by
Mcnulty George
Seller's Agent
Mike Jaffe
The Jaffe Group
Buyer's Agent
Bea Jaffe
Paradise Properties of Brevard
List Price
$350,000
Sold Price
$376,000
Premium/Discount to List
$26,000
7.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.42%
Mortgage Type
Construction
Purchase Details
Closed on
May 22, 2002
Sold by
Schlutz Esther
Bought by
Mcnulty George and Mcnulty Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.92%
Purchase Details
Closed on
May 16, 1994
Sold by
Schlutz Esther
Bought by
Schlutz Esther
Purchase Details
Closed on
Apr 11, 1994
Sold by
Ashleman William A
Bought by
Schlutz Esther
Purchase Details
Closed on
Mar 3, 1994
Sold by
Bernstein David M and Bernstein Mae C
Bought by
Schlutz Esther
Purchase Details
Closed on
Feb 4, 1994
Sold by
Gerber Barry
Bought by
Schlutz Esther
Purchase Details
Closed on
Feb 3, 1994
Sold by
Kincel Frank A
Bought by
Schlutz Esther
Purchase Details
Closed on
Jan 24, 1994
Sold by
Neilinger Herbert and Ehrlich Regina Rae
Bought by
Schlutz Esther
Purchase Details
Closed on
Jan 21, 1994
Sold by
Gerber Marlynne
Bought by
Schlutz Esther
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $780,000 | None Listed On Document | |
| Warranty Deed | $615,000 | State Title Partners | |
| Warranty Deed | $376,000 | New Title Company Name | |
| Quit Claim Deed | -- | Law Office Of Richard J Feinbe | |
| Warranty Deed | $90,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $546,000 | Construction | |
| Previous Owner | $180,000 | Construction | |
| Previous Owner | $90,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/16/2025 10/16/25 | Sold | $780,000 | -3.7% | -- | |
| 09/17/2025 09/17/25 | Pending | -- | -- | -- | |
| 07/14/2025 07/14/25 | For Sale | $810,000 | +115.4% | -- | |
| 04/29/2022 04/29/22 | Sold | $376,000 | +7.4% | -- | View Prior Sale |
| 03/29/2022 03/29/22 | Pending | -- | -- | -- | |
| 03/28/2022 03/28/22 | For Sale | $350,000 | -- | -- |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,471 | $371,250 | -- | -- |
| 2024 | $1,994 | $371,250 | -- | -- |
| 2023 | $1,994 | $162,000 | -- | -- |
| 2022 | $1,558 | $131,630 | $0 | $0 |
| 2021 | $1,709 | $131,630 | $131,630 | $0 |
| 2020 | $1,756 | $131,630 | $131,630 | $0 |
| 2019 | $1,814 | $131,630 | $131,630 | $0 |
| 2018 | $1,821 | $131,630 | $131,630 | $0 |
| 2017 | $1,720 | $47,252 | $0 | $0 |
| 2016 | $1,716 | $118,130 | $118,130 | $0 |
| 2015 | $1,538 | $94,500 | $94,500 | $0 |
| 2014 | $1,568 | $94,500 | $94,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rachel Cahill
-
Ellen Rubino
Buyer's Agent in 2025
Ellen Rubino
RE/MAX
(321) 508-6077
5 in this area
149 Total Sales
-
Mike Jaffe
M
Seller's Agent in 2022
Mike Jaffe
The Jaffe Group
(321) 258-3443
1 in this area
17 Total Sales
-
B
Buyer's Agent in 2022
Bea Jaffe
Paradise Properties of Brevard
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1051673
APN: 27-38-30-51-00001.0-0001.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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