NOT LISTED FOR SALE

1 Eighth Ave Unit 1304 Indialantic, FL 32903

Estimated Value: $796,000 - $838,000

3 Beds
2 Baths
2,263 Sq Ft
$900/mo HOA Fee

Last Sold July 15, 2024

Last sale price $875,000 $387 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,815/month

49 Days on Market

Highlights

  • Ocean Front
  • Heated Pool
  • Main Floor Primary Bedroom
  • Indialantic Elementary School Rated A-
  • Clubhouse
  • Corner Lot

About This Home

As of July 2024

***72 HOUR KICK OUT CLAUSE***
Dream Oceanfront Living Awaits at 1 8th Avenue, Unit 1304. Unlock the door to unparalleled luxury and comfort in this breathtaking Key West style condo, where every day feels like a vacation. With direct ocean and beach views from your own balcony, start your mornings with enchanting sunrises and end them with the spectacular sight of rocket launches from Cape Canaveral. Spanning 2,263 sf, this magnificent property features three spacious bedrooms, two exquisite bathrooms, and an open floor plan designed for both grand entertaining and intimate gatherings. The cozy double gas fireplace bridges the living area and primary bedroom. This condo doesn't just offer a home; it offers a lifestyle. With two assigned covered garage parking spaces on the ground level and an additional air-conditioned storage unit, convenience is key in this coastal sanctuary. Don't miss out on this rare opportunity to embrace oceanfront living where luxury meets comfort.

Last Agent to Sell the Property

Julie Locke

HomeSmart Coastal Realty License #3216074 Listed on: 03/28/2024

HomeSmart Coastal Realty

Last Buyer's Agent

Andy Waterman

Waterman Real Estate, Inc. License #653481

Waterman Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,451

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $900 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Additional Parking
  • Assigned Parking

Property Views

  • Ocean
  • Beach

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 2,263 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Double Sided Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • 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

  • Homestead Exemption
  • Assessor Parcel Number 27-38-31-Eo-00039.0-0001.09

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pest control, sewer, trash, water
  • Magnolia Key Condominium Association Inc Association
  • Magnolia Key Condo Subdivision
  • Maintained Community

Amenities

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

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Security

  • Phone Entry
  • High Impact Windows
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,451

Year Built

Built in 2006

Lot Details

0

HOA Fees

$900 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, In Unit
  • ResoLotFeatures: Corner Lot
  • Road Surface Type: Asphalt
  • Reso View: Beach, Ocean, Water
  • ResoSecurityFeatures: Fire Sprinkler System, Entry Phone/Intercom, Secured Lobby
  • Reso Association Amenities: Barbecue, Clubhouse, Elevator(s), Maintenance Grounds, Maintenance Structure, Spa/Hot Tub, Storage
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water
  • ResoSpecialListingConditions: Homestead, Standard
  • Subdivision Name: Magnolia Key Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00039.0-0001.09
  • 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: 7450.58
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 2263.0
  • 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
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Stories Total: 4
  • 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 Dogs OK: Yes
  • Utilities Sewer Connected: Yes
  • Pool Features Heated: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • Room Types Primary Bedroom Level: Main
  • General Property Information Stories2: 4
  • Room Types Laundry Level: Main
  • View Beach: Yes
  • Marketing Remarks:Marketing Remarks: Don't miss this rare opportunity to own your own ocean & beachfront 3 bedroom-2 bath condo with over 2250 sf. Featuring all tile floors, gas range, dual-sided fireplace, central vac, large balcony, two garage spaces, what are you waiting for?
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Double Sided, Gas
  • Fireplaces: 1
  • Stories: 4
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:His and Hers Closets: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Laundry Features:In Unit: Yes
  • Fireplace Features:Gas: Yes
  • Fireplace Features:Double Sided: Yes

Exterior Features

  • Exterior Features: Balcony, Impact Windows
  • Pool Features: Community, Heated
  • Roof: Membrane
  • Acres: 0.05
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 900.0
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Key Condominium Association Inc
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Magnolia Key Condominium Association Inc
  • General Property Information:Association Fee: 900.0
  • 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:Storage: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Barbecue: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-31-Eo-00039.0-0001.09
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7450.58

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jul 12, 2024
Sold by
Salama Dawlat S and Salama Family Revocable Living Trust
Bought by
Curtin Dale C and Curtin Karen S
Seller's Agent
Julie Locke
HomeSmart Coastal Realty
Buyer's Agent
Andy Waterman
Waterman Real Estate, Inc.
List Price
$915,000
Sold Price
$875,000
Premium/Discount to List
-$40,000
-4.37%
Views
56
Current Estimated Value
$816,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,129
Avg. Annual Appreciation
-4.69%
Original Mortgage
$675,000
Outstanding Balance
$666,876
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$149,995

Purchase Details

Closed on
Oct 16, 2023
Sold by
Salama Refaat and Salama Dawlat
Bought by
Salama Family Revocable Living Trust and Salama

Purchase Details

Closed on
Aug 4, 2017
Sold by
Miller Sandy and Miller Sandy K
Bought by
Salama Rafaat and Salama Dawlat

Purchase Details

Closed on
Oct 4, 2012
Sold by
Johnson Mary Lou and Mary Lou Johnson Trust
Bought by
Miller Sandy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 16, 2006
Sold by
Magnolia Key Development Inc
Bought by
Johnson Mary Lou and Mary Lou Johnson Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Curtin Dale C $875,000 Prestige Title Of Brevard
Salama Family Revocable Living Trust $100 None Listed On Document
Salama Family Revocable Living Trust $100 None Listed On Document
Salama Rafaat $610,000 Alliance Title Ins Agcy Inc
Miller Sandy K $450,000 Foundation Title & Settlemen
Johnson Mary Lou $703,000 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curtin Dale C $675,000
Previous Owner Miller Sandy K $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $875,000 -2.7% $387 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $899,000 -1.7% $397 / Sq Ft
03/28/2024 03/28/24 For Sale $915,000 +4.6% $404 / Sq Ft
03/22/2024 03/22/24 Off Market $875,000 -- --
03/21/2024 03/21/24 For Sale $915,000 -- $404 / 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 $7,622 $446,180 -- --
2024 $7,451 $476,600 -- --
2023 $7,451 $462,720 $0 $0
2022 $6,940 $449,250 $0 $0
2021 $7,162 $436,170 $0 $0
2020 $7,164 $430,150 $0 $0
2019 $7,078 $420,480 $0 $0
2018 $7,126 $412,640 $0 $0
2017 $6,745 $397,130 $0 $0
2016 $6,811 $388,970 $0 $0
2015 $7,036 $386,270 $0 $0
2014 $7,096 $383,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Locke

    Seller's Agent in 2024

    Julie Locke

    HomeSmart Coastal Realty

    (321) 720-4546

    1 in this area

    53 Total Sales

    Julie Locke
    Section Image
  • Andy Waterman

    Buyer's Agent in 2024

    Andy Waterman

    Waterman Real Estate, Inc.

    (321) 961-6182

    4 in this area

    484 Total Sales

    Andy Waterman
    Section Image
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Map

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

MLS Number: 1006485

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00039.0-0001.09

Florida Brevard County Indialantic 32903

1 Eighth Ave Unit 1304, Indialantic, FL

Not Listed for Sale

Condos

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.
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