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201 Mediterranean Way

Indian Harbour Beach, FL 32937
  • $1,495,000
  • STATUS: Active
  • ON SITE: 104 Days
  • MLS #: 1070432
UPDATED: 59 min ago
$1,495,000
  • 0
    BEDS
  • 1.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2026
County:

School Ratings & Info

Description

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.

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© 2026 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Boardwalk Realty LLC. are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Boardwalk Realty LLC..IDX information 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. Data last updated: 2026-06-11T09:09:22.547.
www.boardwalkrealtyllc.com/homes/173382015
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201 Mediterranean Way Indian Harbour Beach, FL 32937

  • Price: $1,495,000
  • Status: Active
  • On Site: 104 Days
  • Updated: 59 min ago
  • MLS #: 1070432
0
Beds
0
Baths
0
½ Baths
1.31
Acres
2026
Built
Neighborhood:
None
County:
Brevard
Area:
382 - Satellite Bch/Indian Harbour Bch
Property Description
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.
Exterior Features

Attached Garage YN No Construction Materials Other Fencing [] Lot Features Other Parking Features Other Road Frontage Type [] Roof [] Waterfront Features []

Interior Features

Cooling [] Flooring [] Heating [] Unit1 Details Baths Total 1 Unit1 Furnished Unfurnished Unit1 Sq Ft 1

Property Features

Accessibility Features [] Association Amenities [] Building Features [] Current Use Unimproved Electric [] Existing Lease Type [] Green Energy Efficient [] Green Water Conservation [] Listing Terms CashOther Operating Expense Includes [] Owner Pays [] Property Sub Type Multi Family Security Features [] Sewer Public Sewer Special Listing Conditions Corporate Owned Tax Annual Amount 6273.58 Tax Legal Description PART OF S 1/2 OF NW 1/4 OF NW 1/4 AS DESC IN ORB 5639 PG 1560 Tax Year 2023 Tenant Pays [] Utilities Sewer AvailableWater Available Water Source Public Zoning Description Commercial

Listing provided courtesy of SouthTrend Realty: (321) 752-1199.
© 2026 Space Coast Association of REALTORS®, Inc. All Rights Reserved.


© 2026 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Boardwalk Realty LLC. are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Boardwalk Realty LLC..IDX information 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. Data last updated: 2026-06-11T09:09:22.547.
 
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1415 Litchfield Drive
West Melbourne FL, 32904