NOT LISTED FOR SALE

1 8th Ave Unit 1202 Indialantic, FL 32903

Estimated Value: $1,007,000 - $1,128,000

3 Beds
3 Baths
3,048 Sq Ft
$850/mo HOA Fee

Highlights

  • Ocean Front
  • In Ground Pool
  • Double Oven
  • Indialantic Elementary School Rated A-
  • Vaulted Ceiling
  • 5-minute walk to James H. Nance Park

About This Home

As of December 2023

Stunning condo just south of Fifth Ave at Indialantic's prestigious Magnolia Key community now available for lease! This unit features a newer AC (2022), tankless water heater (2023) updated kitchen with beveled High-End 3cm granite counters, Kraftmaid glass cabinetry, SS appliances, tray ceilings, pendant lighting & brand new luxury vinyl flooring in main living areas. You'll love the wrap around balcony, 2 assigned garage parking spaces & 2 storage rooms (1 climate-controlled). This unit features 2 primary bedrooms with ensuites, a double-sided, decorative fireplace, surround sound, tiled foyer mosaic & Brazilian wood flooring in office. Monthly HOA fee included in rent. Enjoy beachside living with direct beach access, nearby shops & restaurants steps away from the boardwalk. Unfortunately, the HOA does not allow the tenants to have pets.

Last Agent to Rent the Property

Jonathan Krauser

J. Edwards Real Estate License #3127056 Listed on: 08/19/2023

Last Renter's Agent

Jessie Diggs

Realty World Curri Properties License #3533166

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,526

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • South Facing Home

HOA Fees

  • $850 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Interior Spaces

  • 3,048 Sq Ft Home
  • Multi-Level Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony
  • Wrap Around Porch

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Property Available on 8/19/23
  • Court or third-party approval is required for the sale
  • The owner pays for pest control, pool maintenance, taxes
  • Rent includes trash collection, gas
  • Assessor Parcel Number 27-38-31-Eo-00039.0-0001.02

Community Details

Overview

  • Magnolia Key Condo Association
  • Magnolia Key Condo Subdivision

Amenities

  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Secure Elevator
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$15,526

Year Built

Built in 2006

Lot Details

0

HOA Fees

$850 per month

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Trash Collection, Gas
  • Owner Pays: Pest Control, Pool Maintenance, Taxes
  • Available Date: 2023-08-19

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoSecurityFeatures: Smoke Detector(s), Secured Elevator, Secured Lobby
  • ResoSpecialListingConditions: Third Party Approval
  • Subdivision Name: Magnolia Key Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00039.0-0001.02
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 3048.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Pool Features In Ground: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Laundry: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Utilities Sewer Available: Yes
  • Levels MultiSplit: Yes
  • Pets Allowed No: Yes
  • Utilities Electricity Available: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Kitchen Island, Primary Bathroom - Tub with Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: In Ground
  • Acres: 0.05
  • Waterfront: Yes
  • Direction Faces: South
  • Patio And Porch Features: Wrap Around
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes
  • Patio And Porch Features:Wrap Around: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association Fee: 850.0
  • Association Fee Frequency: Monthly
  • Association Name: MAGNOLIA KEY CONDO
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: MAGNOLIA KEY CONDO
  • General Property Information:Association Fee: 850.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 27453420
  • Parcel #: 27-38-31-Eo-00039.0-0001.02
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2006
Sold by
Magnolia Key Development Inc
Bought by
Simoni Richard A and Simoni Shirley M
Current Estimated Value
$1,072,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,200
Outstanding Balance
$248,339
Interest Rate
1%
Estimated Equity
$824,472
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Simoni Richard A $795,300 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simoni Richard A $636,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2023 12/16/23 Off Market $4,600 -- --
12/01/2023 12/01/23 Rented $4,600 0.0% --
10/23/2023 10/23/23 Price Changed $4,600 -4.2% $2 / Sq Ft
10/10/2023 10/10/23 Price Changed $4,800 -4.0% $2 / Sq Ft
09/23/2023 09/23/23 Price Changed $5,000 -9.1% $2 / Sq Ft
09/09/2023 09/09/23 Price Changed $5,500 -6.8% $2 / Sq Ft
08/19/2023 08/19/23 For Rent $5,900 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,526 $871,750 -- --
2024 $14,774 $894,820 -- --
2023 $14,774 $894,820 $0 $0
2022 $12,709 $778,020 $0 $0
2021 $12,092 $667,310 $0 $667,310
2020 $11,731 $637,220 $0 $637,220
2019 $10,859 $582,160 $0 $582,160
2018 $11,573 $611,120 $0 $611,120
2017 $10,317 $545,500 $0 $545,500
2016 $9,960 $509,690 $0 $0
2015 $9,782 $480,840 $0 $0
2014 $9,479 $457,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Krauser

    Landlord's Agent in 2023

    Jonathan Krauser

    J. Edwards Real Estate

    (321) 626-0015

    4 in this area

    168 Total Sales

    Jonathan Krauser
    Section Image
  • Jessie Diggs

    Tenant's Agent in 2023

    Jessie Diggs

    Realty World Curri Properties

    (321) 895-8889

    2 in this area

    28 Total Sales

    Jessie Diggs
    Section Image
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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 972979

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00039.0-0001.02

Florida Brevard County Indialantic 32903

1 8th Ave Unit 1202, Indialantic, FL

This home is located at 1 8th Ave Unit 1202, Indialantic, FL 32903 since 19 August 2023 and is currently priced at $1,072,811. This property was built in 2006. 1 8th Ave Unit 1202 is a home located in Brevard County with nearby schools including Indialantic Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) 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.

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