NOT LISTED FOR SALE

1 8th Ave Unit 1202 Indialantic, FL 32903

Indialantic Area

Estimated Value: $973,000 - $992,219

3 Beds
3 Baths
3,048 Sq Ft
2,178 Sq Ft Lot

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

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Condo Details

Home Type

  • Condominium

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
  • Electric Dryer Hookup

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

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 gas, trash collection
  • 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

Year Built

Built in 2006

Lot Details

2,178 Sq Ft Lot

HOA Fees

$850 per month

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Gas, Trash Collection
  • 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 Lobby, Secured Elevator
  • Reso Association Amenities: Pool
  • ResoSpecialListingConditions: Third Party Approval
  • Subdivision Name: Magnolia Key Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • General Property Information Water Body Access YN3: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Hoover

Lot Info

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

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2006
Sold by
Magnolia Key Development Inc
Bought by
Current Estimated Value
$982,055

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
$231,730
Interest Rate
1%
Estimated Equity
$750,325
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Indialantic, FL

  • Jeffrey Richardson Real Estate Agent - Relentless Real Estate Co.

    Jeffrey Richardson

    Relentless Real Estate Co.

    (321) 587-3670

    70 Total Sales

    5 in Indialantic

    $565K - $736K Price Range

    Jeffrey Richardson
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  • Jill Wallace Real Estate Agent - RE/MAX Elite

    Jill Wallace

    RE/MAX Elite

    (321) 587-3108

    46 Total Sales

    1 in Indialantic

    $525,000 Price

    Jill Wallace
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  • Jonathan Krauser Real Estate Agent - J. Edwards Real Estate

    Jonathan Krauser

    J. Edwards Real Estate

    (321) 730-3988

    145 Total Sales

    5 in Indialantic

    $639K - $1M Price Range

    Jonathan Krauser
     Section Image
  • Michelle Smith Real Estate Agent - RE/MAX Solutions

    Michelle Smith

    RE/MAX Solutions

    (321) 394-9751

    80 Total Sales

    1 in Indialantic

    $290,000 Price

    Michelle Smith
     Section Image
  • Scott Loveridge Real Estate Agent - Relentless Real Estate Co.

    Scott Loveridge

    Relentless Real Estate Co.

    (321) 985-5276

    69 Total Sales

    9 in Indialantic

    $699K - $1.1M Price Range

    Scott Loveridge
     Section Image
  • Amanda Gonnella Real Estate Agent - BSC Real Estate

    Amanda Gonnella

    Responds Quickly

    BSC Real Estate

    (321) 587-0365

    137 Total Sales

    7 in Indialantic

    $505K - $930K Price Range

    Amanda Gonnella
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,403 $830,500
2025 $15,403 $871,750
2024 $14,774 $894,820
2023 $14,774 $894,820
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 Real Estate Agent - J. Edwards Real Estate

    Landlord's Agent in 2023

    Jonathan Krauser

    J. Edwards Real Estate

    (321) 626-0015

    145 Total Sales

    Jonathan Krauser
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  • Jessie Diggs Real Estate Agent - Realty World Curri Properties

    Tenant's Agent in 2023

    Jessie Diggs

    Realty World Curri Properties

    (321) 895-8889

    50 Total Sales

    Jessie Diggs
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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

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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