NOT LISTED FOR SALE

1 8th Ave Unit 1305 Indialantic, FL 32903

Estimated Value: $948,000 - $1,272,279

3 Beds
2.5 Baths
3,036 Sq Ft
2,178 Sq Ft Lot

Last Sold March 17, 2020

Last sale price $858,000 $283 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,218/month

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Subterranean Parking
  • Indialantic Elementary School Rated A-
  • Balcony
  • 5-minute walk to James H. Nance Park

About This Home

As of September 2020

LUXURY LIVING ON THE BEACH. Unobstructed view of the beach and ocean. Walk to shops, restaurants and groceries - you'll rarely need a car. Spacious unit on the desirable south/east corner with two sided balcony. Fully and tastefully furnished. Modern kitchen and appliances. Just bring your swimsuit and toothbrush. This is the place to write your next novel.

Last Agent to Rent the Property

Mark Dirga

Lawyers Real Estate Brokerage License #3021750 Listed on: 08/12/2020

Last Renter's Agent

Mark Dirga

Lawyers Real Estate Brokerage License #3021750 Listed on: 08/12/2020

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,658

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • Subterranean Parking

Interior Spaces

  • 3,036 Sq Ft Home
  • Multi-Level Property
  • Central Vacuum
  • Ceiling Fan
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 8/12/20
  • The owner pays for grounds care, pest control, pool maintenance, taxes
  • Rent includes sewer, water, trash collection
  • Assessor Parcel Number 27-38-31-Eo-00039.0-0001.10

Community Details

Overview

  • Property has a Home Owners Association
  • Magnolia Key Condo Association
  • Magnolia Key Condo Subdivision

Amenities

  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Secure Elevator

Condo Details

Home Type

Condominium

Est. Annual Taxes

$17,658

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Rent Includes: Sewer, Water, Trash Collection
  • Owner Pays: Grounds Care, Pest Control, Pool Maintenance, Taxes
  • Available Date: 2020-08-12

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • Reso View: Water
  • ResoSecurityFeatures: Key Card Entry, Secured Elevator, Secured Lobby
  • Subdivision Name: Magnolia Key Condo
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00039.0-0001.10
  • 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: 3036.0
  • 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 Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Security Features Key Card Entry: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Levels MultiSplit: Yes
  • Pets Allowed No: Yes
  • Pool Features Heated: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Central Vacuum, Kitchen Island, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Spa Features:Bath: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Heated, In Ground
  • Acres: 0.05
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: One Time
  • 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 Frequency: One Time
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2745350
  • Parcel #: 27-38-31-Eo-00039.0-0001.10
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Hyde F Miller Trust
Bought by
Secluded Coast Llc
Current Estimated Value
$1,087,070

Purchase Details

Listed on
Jul 1, 2019
Closed on
Mar 17, 2020
Sold by
Vermilya Dawn
Bought by
Miller Hyde F and Miller Candace L
Seller's Agent
Eva McMillan
Dale Sorensen Real Estate Inc.
Buyer's Agent
Mark Dirga
Lawyers Real Estate Brokerage
List Price
$900,000
Sold Price
$858,000
Premium/Discount to List
-$42,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%

Purchase Details

Closed on
May 21, 2010
Sold by
Magnolia Key Development Inc
Bought by
Vermilya Dawn
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Secluded Coast Llc $100 None Listed On Document
Miller Hyde F $858,000 Supreme Title Solutions Llc
Vermilya Dawn $865,000 Alliance Title Ins Agency In
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2020 09/01/20 Rented $3,900 0.0% --
08/12/2020 08/12/20 For Rent $3,900 0.0% --
03/17/2020 03/17/20 Sold $858,000 -4.6% $283 / Sq Ft View Prior Sale
02/25/2020 02/25/20 Pending -- -- --
01/16/2020 01/16/20 Price Changed $899,000 -0.1% $296 / Sq Ft
07/01/2019 07/01/19 For Sale $900,000 0.0% $296 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
03/20/2019 03/20/19 Price Changed $900,000 -3.7% $296 / Sq Ft
11/02/2018 11/02/18 Price Changed $935,000 -1.6% $308 / Sq Ft
10/10/2018 10/10/18 For Sale $950,000 0.0% $313 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $950,000 -- $313 / 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 $17,658 $983,770 -- --
2024 $16,976 $1,013,270 -- --
2023 $16,976 $1,013,270 $0 $0
2022 $14,460 $851,810 $0 $0
2021 $13,235 $730,610 $0 $730,610
2020 $13,004 $706,630 $0 $706,630
2019 $12,038 $645,580 $0 $645,580
2018 $12,851 $677,700 $0 $677,700
2017 $11,466 $606,500 $0 $606,500
2016 $11,150 $570,850 $0 $0
2015 $10,951 $538,540 $0 $0
2014 $10,611 $512,600 $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: 882583

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00039.0-0001.10