NOT LISTED FOR SALE

1 8th Ave Unit 1402 Indialantic, FL 32903

Estimated Value: $1,046,410 - $1,168,000

3 Beds
3 Baths
2,682 Sq Ft
$576/mo HOA Fee

Last Sold June 01, 2016

Last sale price $850,000 $317 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,149/month

35 Days on Market

Highlights

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

About This Home

As of June 2016

MAGNIFICENT OCEAN FRONT VIEWS FROM THIS EXQUISTE/LUXURIOUS N.E 4TH FLOOR PENTHOUSE.THIS CUSTOM-BUILT CONDO OFFERS MANY EXTENSIVE UP GRADES BY WELL KNOWN INTERIOR DESIGNER.MAGNOLIA KEY HAS QUALITY CONSTRUCTION WITH EACH RESIDENCE SEPARATED BY 8'CONCRETE PARTY WALLS.WRAP-AROUND
/BALCONY,EASY TO CLOSE HIGH-IMPACT 8'SLIDERS.INVITING & OPEN FLOOR PLAN BOASTING 9FT CEILINGS,DESIGNER LIGHTING,TUSCANY WALNUT FLOORING, THEATER ROOM W/SURROUND SOUND, 2700 SQ FEET 3FULL BEDROOMS 3/FULL BATHS.EXCEPTIONAL KITCHEN,W/ ISLAND W/PREP SINK ,PROFESSIONAL SUB-ZERO/THERMADOR-GAS OVEN , WINE CHILLER ,EXHAUST HOOD VENTS OUT ,
,UNDERCABINET LIGHTING W/ WOODMODE CABINETRY,AND 3CM GRANITE.LOCATED IN THE CHARMING TOWN OF INDIALNTIC WALK TO SHOPS, RESTAURANTS, VERY FRIENDLY COMMUNITY.LIVE THE FL LIFESTYLE

Last Agent to Sell the Property

Josie Rekab

Blue Marlin Real Estate License #3205214 Listed on: 03/02/2016

Blue Marlin Real Estate

Last Buyer's Agent

Josie Rekab

BHHS Florida Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,301

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • South Facing Home

HOA Fees

  • $576 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Membrane Roofing
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,682 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Dining Room
  • Ocean Views
  • Security System Leased

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Balcony
  • Wrap Around Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00039.0-0001.12

Community Details

Overview

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

Amenities

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

Recreation

  • Fitness Center
  • Community Pool
  • Park

Pet Policy

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

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,301

Year Built

Built in 2006

Lot Details

0

HOA Fees

$576 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Gas Dryer Hookup, Sink
  • ResoLotFeatures: Other
  • Road Surface Type: Concrete
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Fire Sprinkler System, Security System Leased, Other, Secured Lobby
  • Reso Association Amenities: Barbecue, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Park, Storage, Other
  • Reso Association Fee Includes: Insurance, Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Key Condo
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00039.0-0001.12
  • 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: 10301.4
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 2682.0
  • General Property Information Building Area Total3: 2682.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Number Limit: Yes
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 4
  • Levels Three Or More: Yes
  • Roof Concrete2: Yes
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Pool Features Electric Heat: Yes
  • Security Features Security System Leased: Yes
  • Utilities Natural Gas Connected: Yes
  • Pets Allowed Breed Restrictions: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • 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, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Other
  • Flooring: Carpet, Wood, Other
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Stories: 4
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Open Floorplan: 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:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Electric Heat, In Ground, Other
  • Roof: Concrete, Membrane, Other
  • Acres: 0.05
  • Pool Private: No
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco, Other
  • Direction Faces: South
  • Patio And Porch Features: Wrap Around
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Other21: Yes
  • Construction Materials:Other15: Yes
  • Patio And Porch Features:Wrap Around: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Detached, Underground, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Other26: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air, Electric, Other
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Available, Other
  • Cooling Other: Yes
  • Heating: Central, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1727.85
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1727.85
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Fee Includes:Insurance: 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:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2745352
  • Parcel #: 27-38-31-Eo-00039.0-0001.12
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 10301.4

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Davids Carol L
Bought by
Plumhead Family Trust and Christopher
Current Estimated Value
$1,102,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$618,778
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$483,575

Purchase Details

Listed on
Mar 2, 2016
Closed on
Jun 1, 2016
Sold by
Cochran Eva Mae
Bought by
Davids Carol L
Seller's Agent
Josie Rekab
Blue Marlin Real Estate
Buyer's Agent
Josie Rekab
Blue Marlin Real Estate
List Price
$855,000
Sold Price
$850,000
Premium/Discount to List
-$5,000
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$600,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 16, 2014
Sold by
Magnolia Key Development Inc
Bought by
Cochran Robert L and Cochran Eva Mae
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
Plumhead Family Trust $1,150,000 None Listed On Document
Plumhead Family Trust $1,150,000 None Listed On Document
Davids Carol L $850,000 Alliance Title Insurance Age
Cochran Robert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plumhead Family Trust $625,000
Closed Plumhead Family Trust $625,000
Previous Owner Davids Carol L $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2016 06/01/16 Sold $850,000 -0.6% $317 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $855,000 -- $319 / 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 $8,954 $747,450 -- --
2024 $8,754 $558,260 -- --
2023 $8,754 $542,000 $0 $0
2022 $8,234 $526,220 $0 $0
2021 $8,502 $510,900 $0 $0
2020 $8,507 $503,850 $0 $0
2019 $8,408 $492,530 $0 $0
2018 $8,467 $483,350 $0 $0
2017 $10,825 $572,500 $0 $572,500
2016 $10,489 $536,870 $0 $0
2015 $10,301 $506,480 $0 $0
2014 $9,982 $482,090 $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: 748093

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00039.0-0001.12