76
Map
$605,000
●
House -
Off Market
329 Franklyn Avenue
Indialantic, FL 32903
4 Beds
2 Baths
1,904 Ft²
$3,478
Est. Monthly
4.11%
Cap Rate
About This Property
Bring your family, and sunscreen, and enjoy this beautifully
updated 4 bedroom, 2 bath pool home with newer roof and walking
distance to top rated schools. Freshly painted interior, large
rooms, gorgeous wood flooring, remodeled bathrooms and huge outdoor
entertaining space combines modern elegance with beachside living.
French doors offer views of lanai and pool deck from several rooms.
Cheerful kitchen has granite counters, stainless appliance and a
breakfast nook. Discover your own private paradise; complete with
semi private hot tub and sparkling pool. BRAND NEW pool pump and
professionally tuned irrigation system. Neighborhood beach
access lets you stroll for miles, surf, fish and watch nesting
turtles & hatchlings during the season. Our charming coastal
community has everything from famous surf shops and tasty local
eateries; to boutique stores and a variety of recreational
activities. Come plant your beach chair and breathe in the ocean
air as you embrace the island lifestyle.
Unit Size
1,904 Ft²
Days on Market
36 days
Land Size
0.30 acres
Price per sqft
$346
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1970
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 10 months ago (Space Coast MLS #975553)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2025 | Sold | ||
| Sold | |||
| Sep 1, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Listed by Compass Florida, LLC | $874,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
|
Nestled between the causeways in the charming, laid-back town of Indialantic, this fully remodeled 4-bedroom, 2-bath pool home is everything beachside living should be, relaxed, stylish, and just plain fun. Located on one of the most beloved streets in town, this home offers that rare blend of tranquility and convenience. From here, you're just a breezy walk or golf cart ride away from schools, and some of the best local restaurants, coffee shops, and boutiques the Space Coast has to offer. Step inside and you'll instantly feel the vacation vibes. The open-concept design is light, airy, and perfect for entertaining. At the heart of the home is a stunning boho tropical kitchen, thoughtfully designed with natural textures, warm tones, and modern finishes. The spacious primary suite offers a peaceful retreat, while three additional bedrooms give you room to grow. Outside, a private backyard boasts your pool, firepit, and lush landscaping, perfect for unwinding on nights and weekends.
| |||
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
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About Piper Palm
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Listed by: Andy Mindel, RE/MAX Alternative Realty
Last Updated: 10 months ago
Data Source: Space Coast MLS, MLS# 975553
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.
Last Updated: 10 months ago
Data Source: Space Coast MLS, MLS# 975553
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