NOT LISTED FOR SALE

1 8th Ave Unit 1303 Indialantic, FL 32903

Estimated Value: $641,903 - $848,000

3 Beds
2 Baths
1,684 Sq Ft
$710/mo HOA Fee

Last Sold June 19, 2020

Last sale price $550,000 $327 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,271/month

43 Days on Market

Highlights

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

About This Home

As of June 2020

Fully furnished 3/2 oceanfront condo located in the prestigious Magnolia Key Condos in the heart of Indialantic. Embracing Key West architecture these Condos have a reputation of quality construction with reinforced concrete and high-end hurricane impact windows throughout the building. Privacy and peace of mind comes naturally with 8'' block walls between each unit. Inside this unit, a spacious custom kitchen offers wood cabinetry w/ etched glass doors, newly installed backsplash, gas range, wine cooler, walk in pantry, large island, and newly updated dishwasher and refrigerator. An open floor plan throughout, with 9 ft tall ceilings and crown molding beautifully frames the ocean views. Master bedroom is ocean facing with private balcony access, walk in closets, and large master bath. Inside laundry room has utility sink and storage. Included amenities: large pool w/ BBQ, rec room, fitness room, on-site temp controlled storage unit, garage parking, and 24 hour security cameras. Start living in paradise today with this turn-key ready dream condo!

Last Agent to Sell the Property

Benjamin Glover

One Sotheby's International Listed on: 03/24/2020

Last Buyer's Agent

Ursula Fritsche

Coldwell Banker Paradise

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,055

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $710 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Additional Parking

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,684 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Great Room
  • Ocean Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Grip-Accessible Features
  • Accessible Hallway

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00039.0-0001.08

Community Details

Overview

  • Association fees include cable TV, pest control, security, trash, water
  • Magnolia Key Condo Association
  • Indialantic By The Sea Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Secure Lobby
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Security

  • Card or Code Access
  • Phone Entry
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,055

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
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Fire Sprinkler System, Key Card Entry, Security System Owned, Entry Phone/Intercom, Secured Lobby
  • Reso Association Amenities: Barbecue, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Storage
  • Reso Association Fee Includes: Cable TV, Pest Control, Security, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Reso Accessibility Features: Accessible Elevator Installed, Accessible Hallway(s), Grip-Accessible Features
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00039.0-0001.08
  • 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: 7054.96
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 1684.0
  • General Property Information Building Area Total3: 1861.0
  • 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: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Pets Allowed Size Limit: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Number Limit: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Security Features Key Card Entry: Yes
  • Security Features Security System Owned: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 4
  • Levels Three Or More: Yes
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Utilities Natural Gas Connected: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, In Ground
  • Roof: Membrane
  • Acres: 0.05
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • Accessibility Features:Grip-Accessible Features: Yes
  • Waterfront Features:Ocean Access: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes
  • Accessibility Features:Accessible Hallway(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: 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 Fee Includes:Cable TV: Yes
  • Association Fee Includes:Security: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Storage: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Barbecue: 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: 2745348
  • Parcel #: 27-38-31-Eo-00039.0-0001.08
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7054.96

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
Jun 19, 2020
Sold by
Risi Barbara Sue Moore
Bought by
Westmoreland Brian A
Seller's Agent
Benjamin Glover
One Sotheby's International
Buyer's Agent
Ursula Fritsche
Coldwell Banker Paradise
List Price
$569,900
Sold Price
$550,000
Premium/Discount to List
-$19,900
-3.49%
Current Estimated Value
$732,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,976
Avg. Annual Appreciation
5.53%
Original Mortgage
$412,500
Outstanding Balance
$365,650
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$367,326

Purchase Details

Listed on
Dec 29, 2018
Closed on
Apr 12, 2019
Sold by
Holefca Daniel S
Bought by
Risi Barbara Sue Moore
Seller's Agent
Josie Rekab
Blue Marlin Real Estate
Buyer's Agent
Benjamin Glover
One Sotheby's International
List Price
$559,000
Sold Price
$549,000
Premium/Discount to List
-$10,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.15%

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 2, 2018
Sold by
Marta Patricia G
Bought by
Holefca Daniel S
Seller's Agent
Josie Rekab
Blue Marlin Real Estate
Buyer's Agent
Norman Nault
BEX Realty LLC
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%

Purchase Details

Listed on
Apr 9, 2015
Closed on
Jul 22, 2015
Sold by
Pepaj Djon and Pepaj Melinda
Bought by
Marta Arthur W and Marta Patricia G
Seller's Agent
David Curri
Kirschner Real Estate G
Buyer's Agent
Ann McLaughlin
Dreyer & Associates R.E. Grp.
List Price
$479,000
Sold Price
$479,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$359,250
Interest Rate
4.08%

Purchase Details

Closed on
May 11, 2006
Sold by
Magnolia Key Development Inc
Bought by
Pepaj Djon and Pepaj Melinda
Source: Public Records

Range of Values:

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Sold Price
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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
Westmoreland Brian A $550,000 Attorney
Risi Barbara Sue Moore $549,000 Mosley & Wallis Ttl Svcs Inc
Holefca Daniel S $525,000 Mosley & Wallis Title Servic
Marta Arthur W $479,000 Mosley & Wallis Title Servic
Pepaj Djon $499,000 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westmoreland Brian A $412,500
Previous Owner Marta Arthur W $359,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2020 06/19/20 Sold $550,000 -3.5% $327 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $569,900 +3.8% $338 / Sq Ft
04/12/2019 04/12/19 Sold $549,000 0.0% $326 / Sq Ft View Prior Sale
03/07/2019 03/07/19 Pending -- -- --
02/24/2019 02/24/19 Price Changed $549,000 -0.9% $326 / Sq Ft
02/08/2019 02/08/19 Price Changed $554,000 -0.9% $329 / Sq Ft
12/28/2018 12/28/18 For Sale $559,000 +6.5% $332 / Sq Ft
07/02/2018 07/02/18 Sold $525,000 0.0% $312 / Sq Ft View Prior Sale
06/02/2018 06/02/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $525,000 +9.6% $312 / Sq Ft
07/22/2015 07/22/15 Sold $479,000 0.0% $284 / Sq Ft View Prior Sale
06/15/2015 06/15/15 Off Market $479,000 -- --
06/11/2015 06/11/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $479,000 0.0% $284 / Sq Ft
03/14/2015 03/14/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $479,000 -- $284 / 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 $8,232 $526,500 -- --
2024 $8,048 $511,670 -- --
2023 $8,048 $496,770 $0 $0
2022 $7,499 $482,310 $0 $0
2021 $7,741 $468,270 $0 $468,270
2020 $8,602 $466,620 $0 $466,620
2019 $7,187 $426,310 $0 $426,310
2018 $7,055 $408,910 $0 $0
2017 $6,808 $400,500 $0 $400,500
2016 $6,654 $339,790 $0 $0
2015 $6,536 $320,560 $0 $0
2014 $6,333 $305,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Benjamin Glover

    One Sotheby's International

  • U

    Buyer's Agent in 2020

    Ursula Fritsche

    Coldwell Banker Paradise

  • Josie Rekab

    Seller's Agent in 2019

    Josie Rekab

    Blue Marlin Real Estate

    (321) 604-6501

    5 Total Sales

    Josie Rekab
    Section Image

  • N

    Buyer's Agent in 2018

    Norman Nault

    BEX Realty LLC

  • D

    Seller's Agent in 2015

    David Curri

    Kirschner Real Estate G

  • A

    Buyer's Agent in 2015

    Ann McLaughlin

    Dreyer & Associates R.E. Grp.

    Section Image
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Map

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

MLS Number: 871728

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00039.0-0001.08

Florida Brevard County Indialantic 32903

1 8th Ave Unit 1303, Indialantic, FL

This home is located at 1 8th Ave Unit 1303, Indialantic, FL 32903 since 24 March 2020 and is currently estimated at $732,976, approximately $435 per square foot. This property was built in 2006. 1 8th Ave Unit 1303 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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