116 Coral Way E, Indialantic, FL 32903
OFF MARKET

116 Coral Way E
Indialantic, FL 32903

    (on 0.57 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    Rare opportunity to create your own masterpiece on this .57 acre home site, just a short stroll to the nearby beach access and seconds from all of the conveniences along the Eau Gallie Blvd commercial corridor. Would be an amazing location for a larger, estate home, but is also zoned multi family for up to 5 townhomes/condos and also carries the coveted resort zoning which would allow for short term rentals. Neighboring .57 acre property also for sale, creating a superior development opportunity to combine the 2 and do a more substantive project there! There was a previous home on the property, so should be able to avoid any impact fees and the property is cleared and ready to go !
    This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from March 21, 2025

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    View
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 116 Coral Way E

    Interior Features

    Appliances & Utilities
    Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
    Heating & Cooling
    No CoolingNo Heating
    Fireplace & Spa
    No Fireplace
    View
    No View

    Exterior Features

    Frontage
    Road Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront
    Water & Sewer
    Sewer: Public Sewer

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 2737137800002.00006.00

    Price & Status

    Price
    List Price: $599,000
    Status Change & Dates
    Off Market Date: Fri Feb 07 2025Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Closed

    Media

    Location

    Direction & Address
    City: IndialanticCommunity: Eden Estates
    School Information
    Elementary School: IndialanticJr High / Middle School: HooverHigh School: Melbourne

    HOA

    No HOA

    Lot Information

    Lot Area: 0.57 acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 1007269Showing Requirements: Other
    Last check for updates: about 7 hours ago
    Listed by David Settgast, (321) 543-1187
    One Sotheby's International
    Bought with: Joseph DiPrima, (321) 777-2500, Joseph DiPrima, Broker
    Source: Space Coast AOR, MLS#1007269

    Price History for 116 Coral Way E

    DatePriceEventSource
    03/21/2025$525,000Sold
    Space Coast AOR #1007269
    03/11/2025$599,000PendingSpace Coast AOR #1007269
    11/22/2024$599,000PendingToActiveSpace Coast AOR #1007269
    06/25/2024$599,000ContingentSpace Coast AOR #1007269
    04/27/2024$599,000PriceChange
    Space Coast AOR #1007269
    03/08/2024$649,000Listed For SaleSpace Coast AOR #1007269
    12/07/2017$285,000Sold
    Space Coast AOR #795463
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    Comparable Sales for 116 Coral Way E

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    721 Unity Dr, Indian Harbour Beach, FL
    0.86
    Lot/Land
    $212,000
    07/25/25
    -
    -
    2011 Pineapple Cv, Melbourne, FL
    3.08
    Lot/Land
    $835,000
    07/29/25
    -
    -
    Cassia Blvd, Satellite Beach, FL
    2.93
    Lot/Land
    $750,000
    10/31/25
    -
    -
    2273 Highland Ave, Melbourne, FL
    3.37
    Lot/Land
    $255,000
    06/13/25
    -
    -
    105 Cherry St, Melbourne, FL
    3.21
    Lot/Land
    $68,000
    03/12/26
    -
    -
    1620 S Harbor City Blvd, Melbourne, FL
    3.71
    Lot/Land
    $225,000
    10/14/25
    -
    -
    2918 Pineapple Ave, Melbourne, FL
    3.91
    Lot/Land
    $799,000
    01/08/26
    -
    -
    409 Roxy Ave, Melbourne, FL
    4.35
    Lot/Land
    $500,000
    10/06/25
    -
    -

    Nearby homes

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    Assigned Schools

    These are the assigned schools for 116 Coral Way E.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Melbourne

    At least 922 Trulia users voted on each feature.

    • 88 % Say car is needed

    • 88 % Say it's dog friendly

    • 83 % Say parking is easy

    • 74 % Say yards are well-kept

    • 74 % Say there are sidewalks

    • 72 % Say there's holiday spirit

    • 69 % Say it's quiet

    • 65 % Say people would walk alone at night

    • 61 % Say kids play outside

    • 58 % Say streets are well-lit

    • 53 % Say neighbors are friendly

    • 50 % Say there's wildlife

    • 49 % Say they plan to stay for at least 5 years

    • 43 % Say it's walkable to grocery stores

    • 40 % Say it's walkable to restaurants

    • 27 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • M8w6ftxvph
      "No parks with playgrounds for kids to play; no sidewalks except on the main road; lots of through traffic & noise from airport; not everyone maintains their yard..."
      0
      Flag
    • Sharon L Hardy
      "We have a wonderful clubhouse that schedules all sorts of events, and activities for the families that live here and for the children. they even have a mom’s night at ldad’s night babysitting night, every kind of social club you can think of"
      0
      Flag
    • Jacqueline Malinowska
      "The Eau Gallie section of Melbournes is in the north and used to be a city of its own. It seems to have a different style "
      0
      Flag
    • Toddtreadway
      "Wonderful, family and retiree oriented neighborhood with beautiful homes! Our neighbors are very nice and we always look forward to the monthly/quarterly/annual parties and gatherings!"
      0
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    • Jacqueline Malinowska
      "Schools are good and some are very good. This is a family friendly city. Many high tech jobs and the nearby Space Center make this area unique "
      0
      Flag
    • Walter_falk_texas
      "Family and retirement friendly with a good mix of working families. Space, technology and services industry. "
      0
      Flag
    • Steven Rodrigo
      "Numerous events held at the local park here in Melbourne Beach. The Pineapple Man Triathlon is the oldest Triathlon in Florida held here. Founders day is also a huge event that happens the first Saturday in May."
      0
      Flag
    • Christine Brown
      "Dog friendly area with several designated walking areas for dogs. All on leashes no loose animals allowed"
      0
      Flag
    • Ywd4sb4dch
      "Wickham park has events all the time. Very family friendly . There are 1-2 events at this park every week. "
      0
      Flag
    • 5x6s6yrvym
      "Various, especially Historical Down Town Melbourne . St. Patrick parade is the best. "
      0
      Flag
    • Steven Rodrigo
      "No high rises allowed. Still a harbor and beach town. The people are extremely friendly and the Island Root kava bar is awesomely!"
      0
      Flag
    • Digglegiggle
      "Almost everyone has dogs. Most owners are respectful and walk their dogs in the neighborhood. It’s been a good community to live in. "
      0
      Flag
    • Alexmorales122078
      "Is great !! Sadly like any other great area the builders have gone greedy and houses are getting stack super close and there is just too many people !"
      9
      Flag
    • Christine Brown
      "We have a lot of things like art shows, parades, craft shows, holiday festivals, ect in downtown Melbourne. Melbourne is really just a place that is an easy paced, not over populated great place to live. "
      5
      Flag
    • Walter_falk_texas
      "Great community with nice neighbors and close to beach and shopping. Safe and well maintained. HOA is fairly priced. "
      2
      Flag
    • James Behan
      "Not sure what community events make our neighborhood different but we live beach side and getting around is easy, shopping within a mile or two "
      2
      Flag
    • Iowafsu
      "Suntree is great. We have lived here for over 20 years and raised our kids here. The schools are great and the area is convenient to shopping and amenities. "
      1
      Flag
    • Ninacgibilaro
      "Seeet and very nice people we love the people that live on our street and n our neighborhood this is the best place to live or stay "
      1
      Flag
    • Iowafsu
      "We raised our kids here (20 years). My neighbor is the 1st owner of their house from the early 1980s. We know 99% of the neighbors in our neighborhood and we all look out for each other."
      4
      Flag
    • Trulia User
      "We walk our dogs 3 to 6 times a day and there’s always someone out walking or riding cars. The houses and yards are very well manicured."
      0
      Flag
    • Melbourne Family
      "Been here 20 years and raised our kids in Suntree…great for all ages. Schools are excellent. Close proximity to the ocean and a short drive to Disney."
      2
      Flag
    • Marilyn Arnold
      "Nothing much to say about Melbourne neighbors except too many renters and too much traffic. Roads are bad"
      0
      Flag
    • Rssllgolf
      "Restaurants, groceries, and medical facilities. Suntree is beautifully landscaped and maintained with great schools, community centers, and parks. Close to many cultural gems. "
      0
      Flag
    • Kyle Renner
      "Technically it’s on Beachside, but the dog beach is a big plus. There are plenty of dog-friendly businesses too that won’t give you issues about bringing your pups."
      2
      Flag
    • James Behan
      "Most neighborhoods are pretty safe, a couple that are not. Do your research before buying a home. Same with the schools, most are really good , a couple are not. "
      2
      Flag
    • Sedamac
      "I live in Suntree, 32940. I believe it is the best part of the county. Beach is a short drive away. Best schools of the County. Walking, fishing, biking, golfing. Super clean and safe neighborhood. People walk and everyone is friendly. No crime here. Elementary school is really awesome. Quiet and 1-2 mile to everything you may need. Doctors, restaurants, contry club, river, etc. You don’t lose power during hurricane here. Lots are bigger so you are not into each other’s face. Green and shade by the trees. Love it here! Best middle and high school is zoned for 32940. "
      15
      Flag
    • Robin H.
      "Living here is a pleasure. The people are kind, the city is clean, and e have easy access to many stores and restaurants. It’s a safe neighborhood!"
      12
      Flag
    • Robin H.
      "It’s a wonderful place to live! We have kind neighbors, helpful and friendly community, lots to do, easy access to stores, parks etc! It’s safe and clean and truly wonderful!"
      8
      Flag
    • Toddtreadway
      "What a great mix of retirees and young folks with kids! Beautiful houses with clay tile roofs and great weather. Very active community groups for all types...retirees, neighborhoods, moms/dads with kids, golfers, surfers. Love this area! And the Brevard Zoo is great."
      0
      Flag
    • Maryannirribarra
      "many people have dogs here and can walk them in our complex or at local parks. I do not own a dog but it seems a good place for them."
      0
      Flag
    • Edgar H.
      "tranquil and peaceful. most of the population are retired and snowbirds. golfing, fishing and surfing are most common activities among this population."
      0
      Flag
    • Trulia User
      "No public transportation, traffic isn’t terrible but there are so many schools in this small area that you don’t want to go anywhere from V 2-5"
      12
      Flag
    • Jose D. G.
      "They would love the abundant of trees and grass around the neighborhood. No heavy traffic in most neighborhoods either "
      0
      Flag
    • Jeband
      "I commute by car 11 miles to work. Public transportation is not easily accessed in this county and define not in my neighborhood. "
      4
      Flag
    • Drew36861
      "The traffic in the area is heavy but it's a very clean and safe community. close to great shopping and dining , many Winton walking distance"
      0
      Flag
    • Chancegulick
      "I have lived in this neighborhood for 10 years and this neighborhood is not very friendly, lots of crime, car jacking, etc. not dog friendly streets. There is also lots of traffic during rush hour recently. The Melbourne neighborhood does not have much uniqueness."
      0
      Flag
    • Decordova63
      "Picking up there own dog poop but great area to walk dog no speeders and safe neighborhood! Highly recommended Melbourne"
      11
      Flag
    • Ste0698ve
      "People are walking their dogs all the time. I see them everyday, but sometimes they are off leash and shouldn’t be."
      3
      Flag
    • Christine_gaul
      "Love the area. Very close to everything . Easy access to highways and the beach. Quite and neighborhood is very well kept"
      1
      Flag
    • Karen P.
      "Very nice and quiet, neighborhood, Street and parking it easy! Nice live in Melbourne! Very good ! "
      0
      Flag

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    Homes for sale near 116 Coral Way E

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    Off Market Homes Near 116 Coral Way E

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    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    Homes for rent near 116 Coral Way E

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    116 Coral Way E, Indialantic, FL 32903 is a lot/land. This property is not currently available for sale. 116 Coral Way E was last sold on Mar 21, 2025 for $525,000 (12% lower than the asking price of $599,000).