1 Eighth Ave Unit 1201 Indialantic, FL 32903
Estimated payment $5,636/month
Highlights
- Community Beach Access
- Ocean Front
- Fitness Center
- Indialantic Elementary School Rated A-
- Deeded access to the beach
- Heated Spa
About This Home
Bask in the coastal glow from this sun-kissed 3-bed, 2-bath oceanfront condo, where uninterrupted ocean views pour through eight-foot impact-rated glass doors and a private terrace invites seamless indoor-outdoor living. A spacious, open layout features granite countertops, wood cabinetry, premium appliances, and upscale fixtures throughout. The extra-deep parking spot accommodates a car plus a bike & separate AC storage for all your beach gear, while the Key West-inspired exterior, sparkling pool & spa, natural gas grill, and welcoming clubhouse set the tone for relaxed beachside gatherings. Set in the heart of Indialantic by-the-Sea, Magnolia Key offers one-level living in a boutique, three-building enclave just steps from beach cafes, Fifth Avenue shopping, and cultural gems along Florida's Space Coast—minutes from Melbourne Airport and a quick escape to Orlando or Kennedy Space Center.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,940
Year Built
- Built in 2006
Lot Details
- 2,178 Sq Ft Lot
- Ocean Front
- North Facing Home
- Corner Lot
HOA Fees
- $1,100 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
Property Views
- Ocean
- Beach
Home Design
- Concrete Siding
Interior Spaces
- 2,061 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Central Vacuum
- Furniture Can Be Negotiated
- High Impact Windows
Kitchen
- Breakfast Bar
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Deeded access to the beach
- Balcony
Schools
- Indialantic Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 27-38-31-Eo-00039.0-0001.01
Community Details
Overview
- Association fees include cable TV, insurance, ground maintenance, security, sewer, trash, water
- Magnolia Key Condo Association
- Magnolia Key Condo Subdivision
- Maintained Community
- Car Wash Area
Amenities
- Community Barbecue Grill
- Clubhouse
- Secure Lobby
- Community Storage Space
Recreation
- Community Beach Access
- Fitness Center
- Community Pool
- Community Spa
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,856 | $531,540 | -- | -- |
| 2024 | $8,940 | $547,630 | -- | -- |
| 2023 | $8,940 | $547,630 | -- | -- |
| 2022 | $7,433 | $453,850 | $0 | $0 |
| 2021 | $7,072 | $389,280 | $0 | $389,280 |
| 2020 | $6,789 | $367,810 | $0 | $367,810 |
| 2019 | $6,286 | $336,030 | $0 | $336,030 |
| 2018 | $5,740 | $340,040 | $0 | $0 |
| 2017 | $5,538 | $333,050 | $0 | $0 |
| 2016 | $5,590 | $326,200 | $0 | $0 |
| 2015 | $5,071 | $295,250 | $0 | $0 |
| 2014 | -- | $292,910 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/01/2026 01/01/26 | Price Changed | $725,000 | -3.2% | $352 / Sq Ft |
| 12/12/2025 12/12/25 | Price Changed | $749,000 | -6.3% | $363 / Sq Ft |
| 07/12/2025 07/12/25 | For Sale | $799,000 | -- | $388 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | North American Title Company | |
| Warranty Deed | $387,500 | State Title Partners Llp | |
| Warranty Deed | $358,600 | Alliance Title Insurance Age | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $348,750 | No Value Available | |
| Previous Owner | $340,623 | No Value Available |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1051519
APN: 27-38-31-EO-00039.0-0001.01
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