$713,000
SOLD MAY 22, 2026

1 Eighth Ave Unit 1403 Indialantic, FL 32903

Indialantic Area
3 Beds
2 Baths
1,684 Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: May 22, 2026

$423 Per Sq Ft

2% Below List Price

208 Days on Market

Highlights

  • Ocean Front
  • Heated Spa
  • Clubhouse
  • Indialantic Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of May 2026

This exceptional direct ocean penthouse offers sweeping ocean views from both the main living area and the primary suite. The well-designed 3 bedroom, 2 bath condominium features an open-concept living and dining area enhanced by soaring 9-foot ceilings and crown molding, delivering a light-filled, airy atmosphere. Impact-rated sliding glass doors and windows provide peace of mind while framing breathtaking ocean views. Residents enjoy the convenience and security of two under-building garage parking spaces, a private climate-controlled storage unit, and an impressive suite of amenities including a heated pool, spa, clubhouse, and a fitness center with newly updated equipment. Located within Magnolia Key, the newest condominium in the desirable SOFA District, this well-maintained and secure building offers a low-maintenance, year-round beachfront lifestyle. Situated in the heart of Indialantic, just a short walk or bike ride to fine dining, boutique shopping, and local favorites. Downtown Melbourne is conveniently located just over the causeway, offering an array of dining, entertainment, and cultural experiences.

Last Agent to Sell the Property

Jo Ann Haven

EXP Realty, LLC License #3066053 Listed on: 10/26/2025

EXP Realty, LLC

Last Buyer's Agent

Mary Goodwin

Compass Florida, LLC License #3176243

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Beach

Home Design

  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,684 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00039.0-0001.13

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, maintenance structure, pest control, trash
  • Magnolia Key Condo Assoc. Association
  • Magnolia Key Condo Subdivision
  • On-Site Maintenance
  • Maintained Community
  • Car Wash Area

Amenities

  • Clubhouse
  • Elevator
  • Service Elevator
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Pets up to 40 lbs
  • 2 Pets Allowed
  • Breed Restrictions

Security

  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

2,178 Sq Ft Lot

HOA Fees

$1,100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Other
  • Reso View: Beach, Ocean
  • Water Body Name: Atlantic Ocean
  • ResoSecurityFeatures: Smoke Detector(s), Secured Lobby
  • Reso Association Amenities: Clubhouse, Car Wash Area, Elevator(s), Maintenance Grounds, Maintenance Structure, Spa/Hot Tub, Service Elevator(s), Trash, Water, Management - On Site
  • Reso Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Trash
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Key Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information Community Fee(s) YN: No
  • Pets Allowed Total Number Of Pets: 2
  • General Property Information CDD Fee YN: No
  • Marketing Remarks:Marketing Remarks: Contact listing agent 321-917-4072 to view this, Stunning direct oceanfront penthouse condo that offers ocean views from both the main living area and the primary bedroom. This 3BR/2BA residence features an open-concept layout, 9-foot ceilings with crown molding, impact-rated windows and sliding glass doors for natural light and added storm protection, two under-building garage parking spaces, and private climate-controlled storage, Ideally located in the heart of Indialantic, within the sought-after SOFA District (South of Fifth Avenue), just minutes to beaches, dining, boutique shopping, and local favorites. Downtown Melbourne is conveniently nearby for dining, entertainment, and cultural venues. Community amenities include a heated pool, spa, clubhouse, and fitness center. Located in Magnolia Key, the newest condominium community in this desirable location, offering a secure, low-maintenance, year-round coastal lifestyle.
  • Pets Allowed: Weight Limit: 40
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Pantry, Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Other
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Community, Heated, In Ground
  • Appliances: Dryer, Disposal, Double Oven, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 4

Exterior Features

  • Exterior Features: Balcony, Impact Windows
  • Acres: 0.05
  • Pool Private: No
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage Door Opener, Underground

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1100.0
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Key Condo Assoc.
  • Association: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-31-Eo-00039.0-0001.13

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025

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
Oct 26, 2025
Closed on
May 22, 2026
Sold by
Bought by
Seller's Agent
Jo Ann Haven
EXP Realty, LLC
Buyer's Agent
Mary Goodwin
Compass Florida, LLC
List Price
$729,000
Sold Price
$713,000
Premium/Discount to List
-$16,000
-2.19%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%

Purchase Details

Closed on
Apr 20, 2017
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2006
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
$335,200
Interest Rate
0.0631%
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 Type Sale Price Title Company
Warranty Deed $713,000 Supreme Title Closings
Warranty Deed $208,200 State Title
Warranty Deed $519,000 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 Loan Amount Loan Type
Previous Owner $256,850 Stand Alone Refi Refinance Of Original Loan
Previous Owner $335,200 No Value Available
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
05/22/2026 05/22/26 Sold $713,000 -0.3% $423 / Sq Ft
01/19/2026 01/19/26 Price Changed $715,000 -1.9% $425 / Sq Ft
10/26/2025 10/26/25 For Sale $729,000 0.0% $433 / Sq Ft
05/02/2021 05/02/21 Rented $3,000 0.0% --
04/27/2021 04/27/21 Under Contract -- -- --
04/27/2021 04/27/21 For Rent $3,000 -- --
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 $11,292 $638,260
2024 $10,730 $652,520
2023 $10,730 $652,520 $0 $0
2022 $9,200 $562,440 $0 $0
2021 $8,753 $482,420 $0 $482,420
2020 $8,860 $480,720 $0 $480,720
2019 $8,203 $439,170 $0 $439,170
2018 $8,420 $461,030 $0 $461,030
2017 $7,530 $414,000 $0 $414,000
2016 $6,919 $353,380 $0 $0
2015 $6,795 $333,380 $0 $0
2014 $6,585 $317,320 $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: 1060532

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00039.0-0001.13

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