The subject property consists of a 1.31-acre parcel located in the City of Indian Harbour Beach and is currently zoned B-1 (General Commercial). Permitted uses under this zoning designation include retail, restaurant, professional office, religious facilities, and other commercial uses. In addition, the property has been granted a Conditional Land Use approval allowing for the development of an assisted living facility. The previous property owner planned a three-story, 96-bed assisted living facility on the site, but that design would require official city approval. The City has also indicated a willingness to rezone the property to R-2 (Residential), which would permit development at a density of seven (7) dwelling units per acre. At this density, the 1.31-acre site would support approximately nine (9) units, with the potential to accommodate up to ten (10) townhome lots, subject to final site design and municipal approvals, as illustrated in the attached conceptual site plan. Mediterranean Way is currently developed with townhomes as part of the Fortebello community, providing strong compatibility with a potential residential redevelopment and supporting the feasibility of the proposed rezoning.
Fantastic opportunity to acquire a turnkey, income-producing coastal asset just steps from the Atlantic Ocean. Completely renovated in 2022, this boutique-style retreat blends lifestyle appeal with strong investment fundamentals. The property features four spacious two-bedroom, one-bath units, each with a full kitchen, dining area, living room, private bath, and charming coffee nook--designed to maximize comfort and repeat bookings. Modern upgrades and curated finishes create a high-demand short-term rental experience. Guest-focused amenities drive premium occupancy, including keyless entry, balcony lounge, BBQ patio, game area, hammock niche, private laundry, outdoor shower, and beach accessories. Native landscaping and luxury artificial turf minimize maintenance and expenses. Proven positive cash flow, attractive cap rate, and strong rental history make this ideal for portfolio growth or a 1031 exchange. Showings between bookings; financials readily available for qualified buyers
Turnkey ±2,800 SF medical office condo in the well-maintained Atlantis Professional Center, located just north of Eau Gallie Blvd and directly across from the ocean. Prime first-floor location with ideal layout for medical, dental, massage, or professional office use. Interior buildout includes a reception/waiting area, six offices or exam rooms, an X-ray room with shielding, kitchen, with excellent access and abundant nearby parking, centrally positioned between the Melbourne and Pineda Causeways. This professionally designed space features a shared tropical atrium, glass elevator, 24-hour access, and great signage. This is an opportunity that doesn't present itself often, especially in this prime location.

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Indian Harbour Beach is located in Florida. Indian Harbour Beach, Florida has a population of 8,888. Indian Harbour Beach is more family-centric than the surrounding county with 26.98% of the households containing married families with children. The county average for households married with children is 24.34%.
The median household income in Indian Harbour Beach, Florida is $73,136. The median household income for the surrounding county is $63,632 compared to the national median of $69,021. The median age of people living in Indian Harbour Beach is 50.8 years.
The average high temperature in July is 90.6 degrees, with an average low temperature in January of 48.7 degrees. The average rainfall is approximately 53.2 inches per year, with 0 inches of snow per year.