NOT LISTED FOR SALE

1 Eighth Ave Unit 1304 Indialantic, FL 32903

Estimated Value: $628,000 - $903,905

3 Beds
2 Baths
2,263 Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: July 15, 2024

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

Est. 9% decrease in value since last sale

Current estimated payment $5,822 / mo

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
  • 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 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
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • 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

2,178 Sq Ft Lot

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, Secured Lobby, Entry Phone/Intercom
  • Reso Association Amenities: Barbecue, Clubhouse, Elevator(s), Maintenance Grounds, Maintenance Structure, Spa/Hot Tub, Storage, Pool
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Key Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Community Fee(s) YN: No
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • General Property Information CDD Fee YN: No
  • Room Types Primary Bedroom Level: Main
  • Room Types Laundry Level: Main
  • 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

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: Dryer, Dishwasher, 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

Exterior Features

  • Exterior Features: Balcony, Impact Windows
  • Pool Features: Heated
  • Roof: Membrane
  • Acres: 0.05
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Assigned, Garage, Garage Door Opener

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

Condo/Co-op/Association

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7450.58

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jul 12, 2024
Sold by
Bought by
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
$793,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,274
Avg. Annual Appreciation
-4.93%
Original Mortgage
$675,000
Outstanding Balance
$666,876
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$126,850

Purchase Details

Closed on
Oct 16, 2023
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 2017
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 2012
Sold by
Bought by

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
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$875,000 Prestige Title Of Brevard
$100 None Listed On Document
$100 None Listed On Document
$610,000 Alliance Title Ins Agcy Inc
$450,000 Foundation Title & Settlemen
$703,000 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $675,000
Previous Owner $240,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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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

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