NOT LISTED FOR SALE

1505 N Highway A1a Unit 201 Indialantic, FL 32903

Paradise Beach Neighborhood

Estimated Value: $673,000 - $763,000

3 Beds
2 Baths
2,011 Sq Ft
$870/mo HOA Fee

Last Sold August 24, 2022

Last sale price $750,000 $373 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,484/month

5 Days on Market

Highlights

  • Ocean Front
  • Open Floorplan
  • Home Office
  • Indialantic Elementary School Rated A-
  • Community Pool
  • Balcony

About This Home

As of August 2022

Renovated to perfection. An absolute must see! Updated NE corner unit w/ocean views from kitchen, family room, dining room & master bedroom. Relax in this prestigious 3 bedroom, 2 bath condo w/extra room that can be used as an office formal dining/living room or playroom. Complete kitchen remodel with new cabinets, countertops, backsplash, galley sink & stainless steel appliances. New washer & dryer. Beautifully remodeled bathrooms. New vinyl plank flooring & freshly painted. Hurricane impact windows & sliding glass doors (w/3M UV coding). Nothing has been overlooked in this unit. Building well maintained & in superior shape w/roof re-coated, exterior painted & sealed, parking lot resealed & pool resurfaced. Come watch the sunrise, rocket launches & enjoy direct beach access

Last Listed By

Gwendolyn Woods

Florida Oasis Realty License #3087300 Listed on: 07/14/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,348

Year Built

  • Built in 1995

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $870 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,011 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Home Office
  • Library
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

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 27-38-30-1a-00201.0-0000.00

Community Details

Overview

  • Association fees include cable TV, insurance, internet, pest control, sewer, water
  • Royal Palm Condo Association
  • Royal Palm Condo Subdivision
  • Maintained Community
  • 6-Story Property

Amenities

  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit

Security

  • Secure Elevator
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,348

Year Built

Built in 1995

Lot Details

0

HOA Fees

$870 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Reso Property Sub Type: Condominium
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Secured Elevator, Secured Lobby
  • Reso Association Amenities: Maintenance Grounds, Maintenance Structure, Management - Full Time
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Pest Control, Sewer, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Royal Palm Condo
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • ViewOcean: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Elevator, His and Hers Closets, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Vinyl
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 6
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community
  • Roof: Membrane
  • Acres: 0.08
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 2610.0
  • Association Fee Frequency: Quarterly
  • Association Name: ROYAL PALM CONDO
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: ROYAL PALM CONDO
  • General Property Information:Association Fee: 2610.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Water: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2734970
  • Parcel #: 27-38-30-1a-00201.0-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4348.22

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2024
Sold by
Allen Robert Carter and Chongmi Kim
Bought by
Allen Family Trust and Allen
Total Days on Market
5
Current Estimated Value
$716,353

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 24, 2022
Sold by
Bossard and Tammy
Bought by
Allen Robert Carter and Allen Chongmi Kim
Seller's Agent
Gwendolyn Woods
Florida Oasis Realty
Buyer's Agent
Susanne Vaughn
Relentless Real Estate Co.
List Price
$760,000
Sold Price
$750,000
Premium/Discount to List
-$10,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.41%

Purchase Details

Listed on
Oct 5, 2020
Closed on
Nov 18, 2020
Sold by
Chiabai Jeffry and Chiabai Lisa
Bought by
Bossard Brian and Bossard Tammy
Seller's Agent
Leann Schneider
Grand Star Realty of Brevard
Buyer's Agent
Gwendolyn Woods
Florida Oasis Realty
List Price
$514,900
Sold Price
$495,000
Premium/Discount to List
-$19,900
-3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.63%
Original Mortgage
$396,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2016
Closed on
Apr 18, 2016
Sold by
Warhaftig Howard and Warhaftig Judith R
Bought by
Chiabai Jeffrey and Chiabai Lisa
Seller's Agent
JoAnne Infurna
Dale Sorensen Real Estate, Inc
Buyer's Agent
Jo Anne Infurna
One Sotheby's International
Sold Price
$2,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Apr 6, 1999
Sold by
Degraaf Henry and Degraaf Elizabeth R
Bought by
Warhaftig Howard M and Warhaftig Judith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
6.85%

Purchase Details

Closed on
Aug 15, 1995
Sold by
R P O Dev Inc
Bought by
Degraaf Henry and Degraaf Elizabeth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.54%

Range of Values:

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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
Allen Family Trust $100 None Listed On Document
Allen Robert Carter $750,000 Island Title & Escrow
Bossard Brian $495,000 Alliance Title Ins Agcy Inc
Chiabai Jeffrey $375,000 Supreme Titls Solutions Llc
Warhaftig Howard M $207,500 --
Degraaf Henry $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bossard Brian $396,000
Previous Owner Warhaftig Howard M $322,000
Previous Owner Warhaftig Howard $253,500
Previous Owner Warhaftig Howard M $50,000
Previous Owner Warhaftig Howard M $20,000
Previous Owner Warhaftig Howard M $147,500
Previous Owner Degraaf Henry $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $750,000 -1.3% $373 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $760,000 +53.5% $378 / Sq Ft
11/20/2020 11/20/20 Sold $495,000 -3.9% $246 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $514,900 0.0% $256 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $514,900 0.0% $256 / Sq Ft
04/24/2016 04/24/16 Rented $2,600 0.0% --
04/21/2016 04/21/16 For Rent $2,600 0.0% --
04/18/2016 04/18/16 Sold $375,000 0.0% $186 / Sq Ft
04/15/2016 04/15/16 Under Contract -- -- --
03/26/2016 03/26/16 Off Market $2,600 -- --
03/26/2016 03/26/16 Pending -- -- --
03/22/2016 03/22/16 Price Changed $379,900 -5.0% $189 / Sq Ft
02/27/2016 02/27/16 Price Changed $399,900 -1.2% $199 / Sq Ft
02/05/2016 02/05/16 Price Changed $404,900 -1.2% $201 / Sq Ft
01/15/2016 01/15/16 Price Changed $409,900 -1.2% $204 / Sq Ft
12/28/2015 12/28/15 Price Changed $414,900 -1.2% $206 / Sq Ft
12/07/2015 12/07/15 Price Changed $419,900 -1.4% $209 / Sq Ft
11/10/2015 11/10/15 Price Changed $425,900 -4.5% $212 / Sq Ft
09/26/2015 09/26/15 Price Changed $445,900 0.0% $222 / Sq Ft
09/04/2015 09/04/15 For Rent $2,600 0.0% --
09/03/2015 09/03/15 For Sale $449,900 0.0% $224 / Sq Ft
10/22/2014 10/22/14 Rented $2,250 -6.3% --
09/22/2014 09/22/14 Under Contract -- -- --
08/20/2014 08/20/14 For Rent $2,400 +6.7% --
10/15/2013 10/15/13 Rented $2,250 -2.2% --
09/15/2013 09/15/13 Under Contract -- -- --
03/25/2013 03/25/13 For Rent $2,300 -- --
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
2023 $7,700 $581,660 $0 $581,660
2022 $7,125 $688,570 $0 $0
2021 $5,751 $403,870 $0 $403,870
2020 $4,348 $293,350 $0 $293,350
2019 $5,397 $363,510 $0 $363,510
2018 $5,485 $359,910 $0 $359,910
2017 $5,556 $350,200 $0 $350,200
2016 $4,908 $350,200 $0 $0
2015 $4,846 $223,410 $0 $0
2014 $4,118 $203,100 $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: 940602

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-30-1A-00201.0-0000.00