612 Wave Crest Avenue, Indialantic, FL 32903
$2,200,000
Property Type:
Commercial Sale
Baths:
5
Square Footage:
2,681
Lot Size (sq. ft.):
5,227
Status:
Active
Current Price:
$2,200,000
List Date:
10/09/2026
Last Modified:
10/09/2026
Overview
Description
Listing Details MLS# 1089666
General Property Information
- Number Of Units Total
- 5
- Stories Total
- 2
- Bathrooms Total
- 5
- Building Area Total
- 2681
- Building Area Source
- Public Records
- Year Built
- 1952
- Building Name
- Ocean Front Cottages
- Lot Size Acres
- 0.12
- Land Lease YN
- No
- Waterfront YN
- Yes
- List Price/SqFt
- 820.59
Property Features
Ceiling Type:
Drywall
Construction Materials:
Frame
Cooling:
Electric
Current Use:
Hotel/Motel
Heating:
Electric
Listing Terms:
Cash
Location:
Beach Area
Lot Features:
Cleared
Parking Features:
Parking Lot
Possession:
Close Of Escrow
Roof:
Membrane
Sale Includes:
Building & Land; Business with Real Estate; Furniture, Fixtures and Equipment
Security Features:
24 Hour Security; Closed Circuit Camera(s)
Sewer:
Public Sewer
Showing Considerations:
Occupied
Showing Requirements:
24 Hour Notice; Appointment Only; Video Surveillance
Utilities:
Cable Available; Electricity Connected; Sewer Connected; Water Connected
Water Source:
Public
Waterfront Features:
Ocean Access; Ocean Front
Contract Information
- Original List Price
- 2200000
- Listing Contract Date
- 2026-10-09
- Property Sub Type
- Hotel/Motel
- Comp Sale YN
- No
Location Tax and Legal
- Street Number
- 612
- Street Name
- Wave Crest
- Street Suffix
- Avenue
- County
- Brevard
- State
- FL
- Postal Code
- 32903
- MLS Area Major
- 384-Indialantic/Melbourne Beach
- Subdivision Name
- Indialantic By The Sea
Remarks and Miscellaneous
- Public Remarks
- Rare direct-oceanfront 5-unit motel in the heart of Indialantic's beachside tourist district. Opportunities like this almost never come to market. Operating for years as an established vacation rental, this boutique property offers 5 furnished units steps from the sand, private porches with ocean breezes, and a guest hot tub overlooking the Atlantic Ocean. Run it as a turnkey short-term rental, live in one unit and rent the others, or hold it as a long-term coastal land play. The property is in a tourist-oriented zoning district with flexible future uses. Buyers should verify permitted uses with the Town of Indialantic. Walk to Fifth Avenue dining and shops. About 20 minutes to Melbourne Orlando International Airport and about an hour to Orlando's theme parks.
Status Change Information
- Major Change Timestamp
- 2026-10-09T19:43:59Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-10-09
More Information
Building Features
- % Air Conditioned or Heated
- 100
Unit 1 Details
- Unit ID
- Yes
- Unit SqFt
- 500
- # Units (This Type)
- Yes
- Furnished
- Furnished
- Unit Remarks
- First Floor unit
Unit 2 Details
- Unit ID
- 2
- Unit SqFt
- 400
- # Units (This Type)
- Yes
- Furnished
- Furnished
- Unit Remarks
- First Floor Unit
Unit 3 Details
- Unit ID
- 3
- Unit SqFt
- 450
- # Units (This Type)
- Yes
- Furnished
- Furnished
- Unit Remarks
- Second Floor Unit
Unit 4 Details
- Unit ID
- 4
- Unit SqFt
- 400
- # Units (This Type)
- Yes
- Furnished
- Furnished
- Unit Remarks
- Second Floor Unit
Unit 5 Details
- Unit ID
- 5
- Unit SqFt
- 400
- # Units (This Type)
- Yes
- Furnished
- Furnished
- Unit Remarks
- Second Floor Unit
Listing Office:
Arium Real Estate, LLC
Last Updated: October - 09 - 2026
Information is deemed to be reliable, but is not guaranteed.