351 N Shannon Ave Indialantic, FL Rare Coastal Triplex with Steady Income and Redevelopment Upside – 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.