USAFLIndian Harbour Beach201 Mediterranean Way
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$1,495,000

For Sale

5 days ago

201 Mediterranean Way, Indian Harbour Beach, FL

MLS® 1070432

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $6,274
Days Active 5
Approx. Age 2026
MLS® Number 1070432

Property Address: 201 Mediterranean Way, Indian Harbour Beach, FL, 32937

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1070432
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2026
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Land Only

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 26, 2026List Date
$1,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
201 Mediterranean Way, Indian Harbour Beach, FL

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