NOT LISTED FOR SALE

1505 N Highway A1a Unit 503 Indialantic, FL 32903

Paradise Beach Neighborhood

Estimated Value: $683,000 - $721,000

2 Beds
2 Baths
1,608 Sq Ft
$770/mo HOA Fee

Last Sold September 11, 2020

Last sale price $500,000 $311 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,283/month

2 Days on Market

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Wood Flooring
  • Indialantic Elementary School Rated A-
  • Open Floorplan
  • Home Office

About This Home

As of September 2020

Gorgeous Oceanfront Updated Turn Key Direct Ocean Condo!!! over 70K in recent luxury upgrades, Large master with 2 closets, updated bath with granite double sink, 2 headed shower and jetted tub, updated kitchen with hardwood cabinets and soft close drawers, looks to living dining combo to fantastic Oceans views, behind the kitchen is a custom office/3rd bedroom with built ins, Guest en suite with walk in closet, updated bath, beautiful 20 inch porcelain tile diagonal thru out all the living area, wood floors in the bedrooms, only 20 units in this extremely well run condo. New Impact Windows and Sliders in 2019, Newer A/C, Freshly painted exterior in 2020, new Wifi 2020, Heated Pool, 1 car under building parking with storage,
Wake up to Beautiful Sunrises, Come Live the Beach Life!!!

Last Listed By

Steven Munich

Munich Realty, LLC License #647253 Listed on: 08/01/2020

Munich Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,951

Year Built

  • Built in 1995

Lot Details

  • Ocean Front
  • West Facing Home
  • Wrought Iron Fence

HOA Fees

  • $770 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Concrete Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 1,608 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Home Office
  • Library
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Outdoor Shower

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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-38-30-1a-00503.0-0000.00

Community Details

Overview

  • Association fees include cable TV, insurance, pest control, water
  • Hms Property Management Association, Phone Number (321) 288-1351
  • Royal Palm Condo Subdivision
  • Maintained Community
  • Car Wash Area
  • 6-Story Property

Amenities

  • Secure Lobby
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit

Security

  • Resident Manager or Management On Site
  • Secure Elevator
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,951

Year Built

Built in 1995

Lot Details

0

HOA Fees

$770 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Fire Sprinkler System, Smoke Detector(s), Secured Elevator, Secured Lobby
  • Reso Association Amenities: Car Wash Area, Elevator(s), Maintenance Grounds, Maintenance Structure, Management - Full Time, Management- On Site, Storage
  • Reso Association Fee Includes: Cable TV, Insurance, Pest Control, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Royal Palm Condo
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • ViewOcean: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, His and Hers Closets, Jack and Jill Bath, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 6
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Exterior Features: Balcony, Outdoor Shower, Storm Shutters
  • Pool Features: Community, Electric Heat, In Ground
  • Roof: Other
  • Fencing: Fenced, Wrought Iron
  • Acres: 0.08
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Waterfront Features:Ocean Access: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 2310.0
  • Association Fee Frequency: Quarterly
  • Association Name: HMS Property Management
  • Phone: 321-288-1351
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: HMS Property Management
  • General Property Information:Association Fee: 2310.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Storage: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Amenities:Car Wash Area: 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: 2734984
  • Parcel #: 27-38-30-1a-00503.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4951.37

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Sep 11, 2020
Sold by
Slifko James M and James R Slifko Irrevocable Tru
Bought by
Dixon Clarence O and Zentmyer Nancy
Seller's Agent
Steven Munich
Munich Realty, LLC
Buyer's Agent
Christopher Heston
EXP Realty, LLC
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Total Days on Market
2
Current Estimated Value
$696,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,265
Avg. Annual Appreciation
7.35%
Original Mortgage
$300,000
Outstanding Balance
$269,235
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$427,030

Purchase Details

Listed on
May 11, 2018
Closed on
Jun 20, 2018
Sold by
Pickering Johnie Alan and Pickering Patricia A
Bought by
Slifko James M and James R Slifko Irrevocable Tru
Seller's Agent
Maureen Harrell
Harrell Real Estate
Buyer's Agent
Eva McMillan
Dale Sorensen Real Estate Inc.
List Price
$459,900
Sold Price
$440,000
Premium/Discount to List
-$19,900
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Jun 30, 2011
Sold by
Gold Rita
Bought by
Pickering Johnie A and Pickering Patricia A

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
3.37%
Mortgage Type
New Conventional

Range of Values:

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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
Dixon Clarence O $500,000 State Title Partners Llp
Slifko James M $440,000 North American Title Company
Pickering Johnie A $300,000 Waterview Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Clarence O $300,000
Previous Owner Pickering Johnie A $100,000
Previous Owner Pickering Johnie A $240,000
Previous Owner Gold Rita Lois Frank $71,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $500,000 0.0% $311 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $499,900 +13.6% $311 / Sq Ft
06/20/2018 06/20/18 Sold $440,000 -4.3% $274 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $459,900 -- $286 / Sq Ft
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 $7,613 $617,020 $0 $617,020
2022 $7,503 $633,890 $0 $0
2021 $5,272 $371,800 $0 $371,800
2020 $3,989 $270,050 $0 $270,050
2019 $4,951 $334,640 $0 $334,640
2018 $3,382 $253,530 $0 $0
2017 $3,429 $248,320 $0 $0
2016 $3,499 $243,220 $0 $0
2015 $3,617 $241,530 $0 $0
2014 $3,647 $239,620 $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: 881805

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-30-1A-00503.0-0000.00