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#1051882, Rachel Cahill, Listing office: Board & Beam Realty, LLC
Property details
About 351 N Shannon Ave
Prime Developer Opportunity – 7BR/5BA Triplex on Corner Lot Just One Block from the Beach! Exceptional value in a high-demand coastal location, this fully occupied 7-bedroom, 5-bathroom triplex fixer-upper sits on an expansive 0.34-acre corner lot, offering immediate rental income and incredible potential for future development. Zoned for maximum flexibility, this property may allow for townhome construction with separate entrances on different street fronts—making it ideal for developers or savvy investors. Located just steps from the beach, popular restaurants, and local attractions, this is your chance to secure a unique parcel in a thriving area. Don’t miss this rare opportunity to transform a prime piece of land into a standout coastal asset.
Highlights
Home typeTriplex
HeatingOther
StatusActive
CoolingOther
Size3,579 sqft
Year built1962
MLS #A11820099
Virtual tour
Summary
- Flooring Type: Tile
- Heating: Other
- Cooling: Other
- List Price: $869,000
- Price/SqFt: $242
- Directions: Please make sure to follow GPS and put North before Shannon Ave. It's on the corner of Second Ave.
- Year Built: 1962
- Stories: 2
- Living Area: 3,579 SqFt
- MLS Number: A11820099
- MLS Name: SEFMIAMI
- Office Name: Beachfront Realty Inc
- Office Phone: (786) 340-3334
- Listing Agent: Tamara Lima
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 12:55:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
10
Indialantic Elementary School
Public District KG-6
0.6 mi
•1050 N Palm Ave
9
Gemini Elementary School
Public District KG-6
2.8 mi
•2100 Oak St
2
University Park Elementary School
Public District PK-6
4.2 mi
•500 W University Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,826. Typical income of Indialantic, FL residents is less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
46%
<35k
41%
35k-100k
12%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
6%
Single, with Kids
33%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
5%
12-17 yrs old
15%
18-34 yrs old
53%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Horse Races
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
LongHorn Steakhouse
What do the neighbors drive?
Mazda
Lincoln
Cadillac
What do the neighbors listen to?
Rock
Classical
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 351 N Shannon Ave
The listing price of 351 N Shannon Ave property is $869,000.
The property 351 N Shannon Ave is a multi located in Indialantic, Florida, 32903.
Active Listing: 351 N Shannon Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 351 N Shannon Ave are: Indialantic Elementary School (GreatSchools Rating 10/10), Gemini Elementary School (GreatSchools Rating 9/10), University Park Elementary School (GreatSchools Rating 2/10), Hoover Middle School (GreatSchools Rating 5/10), Stone Magnet Middle School (GreatSchools Rating 2/10), Palm Bay Academy Charter School (GreatSchools Rating 3/10), Melbourne High School (GreatSchools Rating 5/10), West Shore Junior/Senior High School (GreatSchools Rating 10/10), Palm Bay Magner High School (GreatSchools Rating 3/10).
The property 351 N Shannon Ave is 3,579 SqFt (source: MLS/tax record).
The year of construction for 351 N Shannon Ave is 1962.
This home is located at 351 N Shannon Ave in Indialantic, FL and zip code 32903 in the Indialantic By The Sea neighborhood. This 3,579 square foot home was built in 1962. Features: 0 bathroom. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $869,000.
In June 2025 more than 1 listings in Indialantic, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 14 were sold below. The number of homes for sale in Indialantic, FL increased by 2.6% between May and June 2025. In June 2025, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $637,500.
From Rocket Homes Real Estate and based on county public records data.