NOT LISTED FOR SALE

1041 Wavecrest Ave Indialantic, FL 32903

Estimated Value: $600,000 - $860,000

3 Beds
3 Baths
1,450 Sq Ft
$492/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2020

Last sale price $650,000 $448 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,770 / mo

25 Days on Market

Highlights

  • Ocean Front
  • Open Floorplan
  • Skylights
  • Indialantic Elementary School Rated A-
  • Balcony
  • Fireplace

About This Home

As of March 2020

Investment property in Tourist Zoning allowing for short term rental use. Successful VRBO/AirBNB business with over 7% ROI. Spectacular 3 bedroom 3 bath Townhome in the Sofa district of Indialantic. Over 200K in renovations effective age 2015. Best ocean views from main living area and spacious Master Suite and deck. Walk to all of your favorite shops and restaurants from the best beaches in Brevard. Perfect for Owner/User or investor. Hurricane rated windows, doors and new electric shutters. NO HOA, no restrictions! 80% concrete block, only small portion of front is frame.

Last Agent to Sell the Property

Joanie Shepherd

Prominent Properties of FL,LLC License #3087122 Listed on: 11/19/2019

Last Buyer's Agent

Rick Bertel

Florida Homes Rlty. & Mtg. LLC License #6358

Florida Homes Rlty. & Mtg. LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,318

Year Built

  • Built in 1977

Lot Details

  • 3,485 Sq Ft Lot
  • Ocean Front
  • West Facing Home
  • Vinyl Fence

Parking

  • 2 Carport Spaces

Home Design

  • Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-Eq-00099.0-0002.00

Community Details

Overview

  • Property has a Home Owners Association
  • Joanei Shepherd Association
  • Indialantic By The Sea Subdivision
  • Maintained Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,318

Year Built

Built in 1977

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Reso Property Sub Type: Townhouse
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Water
  • Reso Association Amenities: Maintenance Grounds, Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • ResoWindowFeatures: Skylight(s)
  • General Property Information Other Fee(s) Amount: 500.0
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms
  • Flooring: Tile, Vinyl
  • Spa Features: Bath
  • Appliances: Dryer, Disposal, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Other

Exterior Features

  • Exterior Features: Balcony, Outdoor Shower
  • Pool Features: None
  • Roof: Membrane, Other
  • Fencing: Vinyl, Fenced
  • Acres: 0.08
  • Pool Private: No
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Fiber Cement, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: One Time
  • Association Name: Joanei Shepherd
  • Association: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-06-Eq-00099.0-0002.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5317.91

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
Nov 19, 2019
Closed on
Feb 28, 2020
Sold by
Bought by
Seller's Agent
Joanie Shepherd
Prominent Properties of FL,LLC
Buyer's Agent
Rick Bertel
Florida Homes Rlty. & Mtg. LLC
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Current Estimated Value
$713,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,344
Avg. Annual Appreciation
1.49%
Original Mortgage
$375,000
Outstanding Balance
$332,116
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$381,228

Purchase Details

Closed on
Aug 20, 2018
Sold by
Bought by

Purchase Details

Listed on
Aug 17, 2014
Closed on
Aug 6, 2014
Sold by
Bought by
Seller's Agent
Joanie Shepherd
Prominent Properties of FL,LLC
Buyer's Agent
Joanie Shepherd
Prominent Properties of FL,LLC
List Price
$379,000
Sold Price
$340,000
Premium/Discount to List
-$39,000
-10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$236,250
Interest Rate
4.19%

Purchase Details

Closed on
Jun 25, 2003
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
$175,000
Interest Rate
5.29%

Purchase Details

Closed on
May 23, 2001
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
$188,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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

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
$650,000 Supreme Title Closing Llc
-- Attorney
$340,000 Supreme Title Closings Llc
-- Alliance Title Brevard Llc
$355,000 Alliance Title Brevard Llc
$235,000 --
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 $375,000
Previous Owner $236,250
Previous Owner $175,000
Previous Owner $188,000
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 Prior Sale
03/01/2020 03/01/20 Sold $650,000 -3.7% $448 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
12/08/2019 12/08/19 Price Changed $675,000 +8.0% $466 / Sq Ft
11/18/2019 11/18/19 For Sale $625,000 +83.8% $431 / Sq Ft
08/16/2014 08/16/14 Sold $340,000 -10.3% $219 / Sq Ft View Prior Sale
08/16/2014 08/16/14 Pending -- -- --
08/16/2014 08/16/14 For Sale $379,000 -- $245 / 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 $11,271 $681,360 -- --
2024 $10,627 $683,790 -- --
2023 $10,627 $665,190 $0 $0
2022 $9,448 $638,560 $0 $0
2021 $8,500 $467,590 $335,000 $132,590
2020 $7,201 $389,490 $255,000 $134,490
2019 $7,228 $385,970 $250,000 $135,970
2018 $5,318 $275,460 $225,000 $50,460
2017 $5,421 $308,910 $265,000 $43,910
2016 $4,965 $261,470 $220,000 $41,470
2015 $4,603 $224,460 $200,000 $24,460
2014 $4,671 $222,920 $160,000 $62,920
Source: Public Records

Agents Affiliated with this Home

  • Joanie Shepherd

    Seller's Agent in 2020

    Joanie Shepherd

    Prominent Properties of FL,LLC

    (321) 243-5688

    52 Total Sales

    Joanie Shepherd
    Section Image
  • Rick Bertel

    Buyer's Agent in 2020

    Rick Bertel

    Florida Homes Rlty. & Mtg. LLC

    (321) 961-1559

    9 Total Sales

    Rick Bertel
    Section Image

  • F

    Buyer's Agent in 2020

    Frederick Bertel

    Frederick Bertel Lic.R.E Bkr.

See All Agents

Map

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

MLS Number: 861235

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-EQ-00099.0-0002.00

Florida Brevard County Indialantic 32903

1041 Wavecrest Ave, Indialantic, FL

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.
Information is deemed reliable but not guaranteed.

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