$829,000
UNDER CONTRACT

122 1st Ave Indialantic, FL 32903

Estimated payment $5,028/month

Total Views 3,512
4 Beds
2 Baths
1,404 Sq Ft
$590 Price per Sq Ft

Highlights

  • No HOA
  • High Impact Windows
  • Central Heating and Cooling System
  • Indialantic Elementary School Rated A-
  • Tile Flooring
  • 4-minute walk to James H. Nance Park

About This Home

Live the beach lifestyle just steps from the sand in the heart of Indialantic. Fully renovated duplex just 100 yards to the beach and 75 yards to Starbucks, located in Brevard's most desirable beachside community. Over $275K invested in a complete renovation with quality and durability in mind. Both units feature new open layouts, quartz kitchens, custom cabinetry, and wood-look porcelain tile throughout--ideal for coastal living. Major upgrades include impact windows and doors (2025), new electrical, plumbing (PEX/PVC), HVAC systems, insulation, and a fire-rated separation wall built to code. Each unit offers a finished and insulated garage/laundry space, private fenced yard, and paver driveway. One unit is already rented--perfect for an owner-occupant seeking income. Turnkey, low-maintenance, and unbeatable location.

Listing Agent

Dave Settgast

One Sotheby's International License #3165226 Listed on: 04/06/2026

One Sotheby's International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,287

Year Built

  • Built in 1961

Lot Details

  • 12,197 Sq Ft Lot
  • South Facing Home
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Front and Back Yard Sprinklers

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • High Impact Windows

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for exterior maintenance, grounds care, insurance, roof maintenance, taxes
  • Assessor Parcel Number 27-38-31-Eo-00063.0-0020.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Indialantic By The Sea Subdivision

Building Details

  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,287

Year Built

Built in 1961

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1961
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup, In Garage, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information CDD Fee YN: No
  • Marketing Remarks:Marketing Remarks: Live the beach lifestyle just steps from the sand in the heart of Indialantic. Fully renovated duplex just 100 yards to the beach and 75 yards to Starbucks, located in Brevard's most desirable beachside community. Over $275K invested in a complete renovation with quality and durability in mind. Both units feature new open layouts, quartz kitchens, custom cabinetry, and wood-look porcelain tile throughout--ideal for coastal living. Major upgrades include impact windows and doors (2025), new electrical, plumbing (PEX/PVC), HVAC systems, insulation, and a fire-rated separation wall built to code. Each unit offers a finished and insulated garage/laundry space, private fenced yard, and paver driveway. One unit is already rented--perfect for an owner-occupant seeking income. Turnkey, low-maintenance, and unbeatable location. Contact Dave Settgast - cell/text 321 543-1187, dave@davesettgast.com
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Exterior Features: Impact Windows
  • Roof: Shingle
  • Fencing: Back Yard, Privacy, Wood
  • Acres: 0.28
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Water Meters
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Investment, Multi-Family, Residential
  • Lot Size Sq Ft: 12197.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-31-Eo-00063.0-0020.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water
  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Roof Maintenance, Taxes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7286.56

Multi Family

  • Number Of Units Total: 2
  • Income Includes: ["Rent Only"]

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,187 $405,600 -- --
2024 $6,975 $405,600 -- --
2023 $6,975 $390,000 -- --
2022 $5,260 $356,400 $0 $0
2021 $4,820 $276,850 $220,000 $56,850
2020 $4,531 $263,660 $170,000 $93,660
2019 $4,184 $239,700 $170,000 $69,700
2018 $3,957 $224,000 $0 $224,000
2017 $3,546 $200,000 $0 $200,000
2016 $3,169 $157,000 $0 $0
2015 $3,152 $150,000 $100,000 $50,000
2014 -- $141,000 $86,000 $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2026 04/06/26 For Sale $829,000 0.0% $590 / Sq Ft
03/13/2026 03/13/26 Rented $2,350 0.0% --
03/09/2026 03/09/26 For Rent $2,350 +135.0% --
09/01/2015 09/01/15 Rented $1,000 0.0% --
08/18/2015 08/18/15 Under Contract -- -- --
08/16/2015 08/16/15 For Rent $1,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $400,000 None Listed On Document
Warranty Deed $201,200 Title & Abstract Agency Of A
Trustee Deed -- None Available
Warranty Deed -- --
Warranty Deed $92,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $80,800 Purchase Money Mortgage
Previous Owner $22,329 Purchase Money Mortgage
Source: Public Records

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1073918

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00063.0-0020.00

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