NOT LISTED FOR SALE

1 8th Ave Unit 1205 Indialantic, FL 32903

Estimated Value: $932,000 - $1,190,389

3 Beds
2.5 Baths
3,036 Sq Ft
$710/mo HOA Fee

Last Sold August 18, 2021

Last sale price $899,000 $296 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,212/month

2 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Clubhouse
  • Indialantic Elementary School Rated A-
  • Open Floorplan
  • 5-minute walk to James H. Nance Park

About This Home

As of August 2021

Luxurious beachfront corner-unit condo located in the heart of Indialantic. The owners took pride in this condo and it shows. From the granite-wrapped fireplace, to the upgraded 30'' Thermador fridge and freezer combo, this is truly one of the most unique condos in the area. This home also boasts 42'' wood cabinets with granite throughout the kitchen and bathrooms and offers unparalleled views of the sunrise every morning from the wrap around balcony. All windows are 140 mph impact rated for ultimate protection. This unit also features a 50 bottle dual-zone wine cooler along with stainless steel gas appliances. The A/C was upgraded in 2016 to a multi-zone Trane system. This condo is just minutes from MLB international airport and DT Melbourne, which has dining and shopping for everyone!

Last Agent to Sell the Property

Anthony Cribben

Surfside Properties & Mgmt. Listed on: 05/28/2021

Last Buyer's Agent

Kirk Kessel

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,754

Year Built

  • Built in 2006

Lot Details

  • West Facing Home

HOA Fees

  • $710 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Concrete Roof
  • Concrete Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 3,036 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Central Vacuum
  • Fireplace
  • Family Room
  • Dining Room
  • Ocean Views

Kitchen

  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Wrap Around Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00039.0-0001.05

Community Details

Overview

  • Association fees include insurance, pest control, trash, water
  • Magnolia Key Condo Association
  • Magnolia Key Condo Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator
  • Secure Lobby

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,754

Year Built

Built in 2006

Lot Details

0

HOA Fees

$710 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Other
  • Road Surface Type: Asphalt, Concrete
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Secured Lobby
  • Reso Association Amenities: Barbecue, Car Wash Area, Clubhouse, Elevator(s), Maintenance Grounds, Maintenance Structure, Management - Full Time, Spa/Hot Tub
  • Reso Association Fee Includes: Insurance, Pest Control, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Key Condo
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00039.0-0001.05
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 8753.6
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 3036.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Pets Allowed Size Limit: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Cooling Zoned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 4
  • Levels Three Or More: Yes
  • Roof Concrete2: Yes
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Utilities Sewer Available: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Central Vacuum, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, In Ground
  • Roof: Concrete, Other
  • Acres: 0.05
  • Waterfront: No
  • Construction Type: Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Wrap Around
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Other21: Yes
  • Patio And Porch Features:Wrap Around: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Zoned
  • Utilities: Cable Available, Sewer Available, Water Available
  • Heating: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 710.0
  • 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: 710.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2745345
  • Parcel #: 27-38-31-Eo-00039.0-0001.05
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8753.6

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 18, 2021
Sold by
Ramos Jose I and Ramos Laurie A
Bought by
Bianco James W and Bianco Lynne Rose
Seller's Agent
Anthony Cribben
Surfside Properties & Mgmt.
Buyer's Agent
Kirk Kessel
Compass Florida LLC
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$1,052,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,847
Avg. Annual Appreciation
3.85%
Original Mortgage
$450,000
Outstanding Balance
$409,189
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$643,658

Purchase Details

Closed on
Apr 15, 2020
Sold by
Ramos Jose I
Bought by
Ramos Jose I and Ramos Laurie A

Purchase Details

Listed on
Jun 28, 2012
Closed on
Feb 8, 2013
Sold by
Magnolia Key Development Inc
Bought by
Ramos Jose I
Seller's Agent
Bob Cochran
Professional Prop. of Brevard
Buyer's Agent
Josie Rekab
Blue Marlin Real Estate
List Price
$766,000
Sold Price
$690,000
Premium/Discount to List
-$76,000
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$620,750
Interest Rate
2.87%
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
Bianco James W $899,000 Majesty Title Services
Ramos Jose I -- Attorney
Ramos Jose I $690,000 Allience Title Ins Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bianco James W $450,000
Previous Owner Ramos Jose I $620,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2021 08/18/21 Sold $899,000 0.0% $296 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $899,000 +30.3% $296 / Sq Ft
02/08/2013 02/08/13 Sold $690,000 -9.9% $227 / Sq Ft View Prior Sale
01/14/2013 01/14/13 Pending -- -- --
06/28/2012 06/28/12 For Sale $766,000 -- $252 / Sq Ft
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 $11,241 $704,740 -- --
2024 $10,999 $684,880 -- --
2023 $10,999 $664,940 $0 $0
2022 $10,262 $645,580 $0 $0
2021 $12,972 $716,070 $0 $716,070
2020 $12,746 $692,570 $0 $692,570
2019 $8,754 $510,640 $0 $0
2018 $8,816 $501,120 $0 $0
2017 $8,509 $490,820 $0 $0
2016 $8,597 $480,730 $0 $0
2015 $8,881 $477,390 $0 $0
2014 $8,960 $473,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 906291

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00039.0-0001.05