Spectacular oceanfront penthouse located in the town of Indialantic, on the eastern 'Space Coast' of central Florida.  Available for permanent exchange, outright sale, fractional ownership, or lease/purchase.

Comprising the top two floors of the building's southeast corner, the penthouse has commanding views of the Atlantic Ocean and of the Intra coastal Waterway that separates the island from the mainland. 

*4 bedrooms & 3 full bathrooms
*3300 square feet of living space on 2 levels
*Unique private roof terrace is approximately 1300 square feet
*The main living room has soaring 2 story views overlooking the ocean
*Modern kitchen with granite countertops and stainless steel appliances
*Huge Master suite with 3 cedar lined closets and built-in clothes storage and beautiful ocean views
*Master Bathroom is overly spacious with huge jacuzzi tub and relaxing rainshower
*The other upstairs bedroom has a private bathroom with roof terrace access and 180 degree views
*2 downstairs bedrooms share a full bathroom with tub/shower combination
*The main living area has 20 foot ceilings with a fireplace
*There are 2 levels of ocean front balconies connected by a private spiral staircase
*Indoor garage parking with private storage room
*Large pool and private beach access
*State of the art hurricane protection for every window and sliding door

Melbourne International Airport is 10 minutes away with direct flights to Atlanta, New York and DC

West one hour drive to Orlando and area attractions such as Disney World, Universal and Sea World.
North one and a half hour drive to Daytona International Speedway.
North one half hour drive to Kennedy Space Center
South one hour drive to beautiful Vero Beach

East sandy beach and the Atlantic Ocean

1.  This fantastic property is FOR SALE for $975,000 (Net after all closing costs, taxes, commissions, etc.)
 
2.  Lease/purchase is a possibility, as is a wrap-around mortgage.  You may also purchase half interest in this property for $640,000 (Net) and enjoying all it has to offer at a fraction of the cost of outright ownership.  The perfect way to enjoy paradise as most 'vacation homes' sit empty over half the time, so why pay for something you don't use? This is NOT a timeshare, and the half owner receives duly recorded title and deed, and is an equal partner in the gorgeous penthouse. For general information on fractional ownership, take a look at: http://www.fractionalizing.com/faqs.html

3.  Property swap is also a possibility.  If you have an income producing property anywhere in the world that you would like to consider swapping for this gorgeous penthouse, please don't hesitate to get in touch.

4.  Property rental: Property will be available for rent 1 August 2010.

Rental info:

Pets welcome.
$2800 per month

Low utilities and taxes additional, if applicable.
First, last, plus a security deposit of $3000 at lease signing. (Negotiable)

Of course, the property is still available for $975,000 should you wish to buy it outright.

FOR MORE INFORMATION CONTACT:
SHAGGERTY@MINDSPRING.COM
OR CALL 321-373-1852
OR CELL 678-429-0540
OR SINGAPORE CELL 65-8368-9065