RENTED MAR 13, 2026

122 1st Ave Indialantic, FL 32903

Estimated Value: $393,000 - $482,847

2 Beds
1 Bath
916 Sq Ft
$486/Sq Ft Est. Value

Highlights

  • Open Floorplan
  • Midcentury Modern Architecture
  • Front Porch
  • Indialantic Elementary School Rated A-
  • No HOA
  • 4-minute walk to James H. Nance Park

About This Home

As of March 2026

Be the first to enjoy this just completed, top to bottom, full property renovation. inside and out, on this sturdy concrete block duplex in the heart of Indialantic by the Sea. Premium location, just a stones throw from white sand beaches and a variety of restaurants and shopping options. Large fenced in back yard, private 1 car garage, all new wood cabinets and quartz counters in kitchen and bath, new impact glass windows & much more ! Lawn care included in the rent. Available now.

Last Agent to Rent the Property

Dave Settgast

One Sotheby's International License #3165226 Listed on: 03/09/2026

One Sotheby's International

Last Renter's Agent

Christina Marcelle

Real Estate Co, LLC License #3191070

Real Estate Co, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 12,197 Sq Ft Lot
  • South Facing Home
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced

Parking

  • 1 Car Garage

Home Design

  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Asphalt

Interior Spaces

  • 916 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • High Impact Windows

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • No Tub in Bathroom
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Indialantic By The Sea Subdivision

Listing and Financial Details

  • Security Deposit $2,350
  • Property Available on 3/9/26
  • Tenant pays for electricity, sewer, water
  • The owner pays for exterior maintenance, grounds care, insurance, taxes
  • Rent includes gardener, trash collection, management
  • Negotiable Lease Term
  • $60 Application Fee
  • Assessor Parcel Number 27-38-31-Eo-00063.0-0020.00

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0.28 Acres

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Gardener, Trash Collection, Management
  • Tenant Pays: Electricity, Sewer, Water
  • Lease Term: 6 Months
  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Taxes
  • Available Date: 2026-03-09

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1961
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Indialantic By The Sea
  • Architectural Style: Contemporary, Mid-Century Modern, Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00063.0-0020.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 916.0
  • General Property Information Building Area Total3: 1026.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • General Property Information Stories Total: 1
  • Deposits and Fees Application Fee: 60.0
  • Deposits and Fees Security Deposit: 2350.0
  • Utilities Sewer Connected: Yes
  • Additional Lease Terms Negotiable3: Yes
  • Architectural Style Mid Century Modern: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Fencing Back Yard: Yes
  • Architectural Style Ranch: Yes
  • Architectural Style Contemporary: Yes
  • Fencing Privacy: Yes
  • Marketing Remarks:Marketing Remarks: Be the first to enjoy this just completed, top to bottom, full property renovation. inside and out, on this sturdy concrete block duplex in the heart of Indialantic by the Sea. Premium location, just a stones throw from white sand beaches and a variety of restaurants and shopping options. Large fenced in back yard, private 1 car garage, all new wood cabinets and quartz counters in kitchen and bath, new impact glass windows & much more ! Lawn care included in the rent. Available now.
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes

Exterior Features

  • Exterior Features: Other, Impact Windows
  • Fencing: Back Yard, Privacy, Wood
  • Acres: 0.28
  • Pool Private: No
  • Waterfront: No
  • Direction Faces: South
  • Patio And Porch Features: Front Porch, Patio
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-31-Eo-00063.0-0020.00

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Lettau and Sheryl
Bought by
Lipsky Michael F
Current Estimated Value
$445,212

Purchase Details

Closed on
May 21, 2015
Sold by
Federal National Mortgage Association
Bought by
Lettau Kurt and Lettau Sheryl

Purchase Details

Closed on
Dec 29, 2014
Sold by
Scheller Russell A and Scheller Sandra L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 19, 1999
Sold by
Scheller Russell A
Bought by
Scheller Russell A and Scheller Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 1995
Sold by
Scheller Joseph S and Scheller Maria
Bought by
Scheller Russell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,329
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Lipsky Michael F $400,000 None Listed On Document
Lettau Kurt $201,200 Title & Abstract Agency Of A
Federal National Mortgage Association -- None Available
Scheller Russell A -- --
Scheller Russell A $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheller Russell A $80,800
Previous Owner Scheller Russell A $22,329
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2026 03/13/26 Rented $2,350 0.0% --
03/09/2026 03/09/26 For Rent $2,350 +135.0% --
09/01/2015 09/01/15 Rented $1,000 0.0% --
08/18/2015 08/18/15 Under Contract -- -- --
08/16/2015 08/16/15 For Rent $1,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $7,187 $405,600 -- --
2024 $6,975 $405,600 -- --
2023 $6,975 $390,000 -- --
2022 $5,260 $356,400 $0 $0
2021 $4,820 $276,850 $220,000 $56,850
2020 $4,531 $263,660 $170,000 $93,660
2019 $4,184 $239,700 $170,000 $69,700
2018 $3,957 $224,000 $0 $224,000
2017 $3,546 $200,000 $0 $200,000
2016 $3,169 $157,000 $0 $0
2015 $3,152 $150,000 $100,000 $50,000
2014 -- $141,000 $86,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1071371

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00063.0-0020.00

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