NOT LISTED FOR SALE

2875 N Highway A1a Unit 505 Indialantic, FL 32903

Estimated Value: $641,503 - $795,000

3 Beds
2 Baths
2,164 Sq Ft
$500/mo HOA Fee

Last Sold July 07, 2017

Last sale price $398,000 $184 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,571/month

107 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Breakfast Area or Nook
  • Indialantic Elementary School Rated A-
  • In Ground Pool
  • Balcony

About This Home

As of July 2017

SPACIOUS 3-BEDROOM, 2-BATH RESIDENCE (2,164 SQ.FT) ON THE FIFTH FLOOR OF BEAUTIFUL CORAL PALM OCEAN FRONT CONDOMINIUM COMPLEX. KITCHEN WITH GRANITE COUNTERTOPS, TILE FLOORING & STAINLESS STEEL APPLIANCES. THE SPACIOUS MASTER BEDROOM HAS A VIEW OF THE OCEAN, CEILING FAN, & HIS AND HERS CLOSETS. THE MASTER BATH HAS 2 VANITIES (HIS AND HERS), JETTED TUB & SEPARATE SHOWER. THE 2 ADDITIONAL BEDROOMS ARE LARGE AND HAVE FANS & JULIET BALCONIES TO VIEW STUNNING FLORIDA SUNSETS. LAUNDRY ROOM HAS A STATE OF THE ART WASHER & DRYER PLUS STORAGE & A LAUNDRY SINK. ENJOY THE MORNING SUNRISE ON YOUR LARGE BALCONY WITH VIEW OF THE OCEAN. BALCONY STORM SHUTTERS FOR PROTECTION FROM BAD WEATHER. ASSIGNED UNDERGROUND PARKING FOR ONE VEHICLE. HOT WATER HEATER IN 2016, OUTSIDE A/C UNIT IN 8/2014

Last Agent to Sell the Property

SALLIE MACK

Sell Florida Homes, Inc. License #673034 Listed on: 02/06/2017

Last Buyer's Agent

Paige Hill

One Sotheby's International License #3308746

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,048

Year Built

  • Built in 2003

Lot Details

  • Ocean Front
  • North Facing Home

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,164 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Balcony
  • Patio
  • Side Porch

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 27-37-13-76-00000.0-0004.20

Community Details

Overview

  • Association fees include cable TV, pest control, sewer, trash, water
  • Coral Palm Condo Subdivision
  • Maintained Community
  • 7-Story Property

Amenities

  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,048

Year Built

Built in 2003

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Sink
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Fire Sprinkler System, Smoke Detector(s), Secured Lobby
  • Reso Association Amenities: Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site
  • Reso Association Fee Includes: Cable TV, Pest Control, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Coral Palm Condo
  • Reso Accessibility Features: Accessible Elevator Installed
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-13-76-00000.0-0004.20
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 5047.82
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 2164.0
  • General Property Information Building Area Total3: 2164.0
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2614.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Stories Total: 7
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 7
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: 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
  • Pool Features: Community, In Ground
  • Roof: Other
  • Acres: 0.06
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Side Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes
  • Waterfront Features:Ocean Front: Yes
  • Patio and Porch Features:Side Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage Door Opener, Underground, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, 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: 500.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 500.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2743652
  • Parcel #: 27-37-13-76-00000.0-0004.20
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5047.82

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Jul 7, 2017
Sold by
Tran Anthony H
Bought by
Shupard Charles and Shupard Jennifer
Seller's Agent
SALLIE MACK
Sell Florida Homes, Inc.
Buyer's Agent
Paige Hill
One Sotheby's International
List Price
$420,000
Sold Price
$398,000
Premium/Discount to List
-$22,000
-5.24%
Current Estimated Value
$701,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,126
Avg. Annual Appreciation
7.21%
Original Mortgage
$318,400
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2008
Sold by
Torres Ruben and Torres Rita
Bought by
Tran Anthony H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2005
Sold by
Roberts Richard and Roberts Mary Anne
Bought by
Torres Ruben and Torres Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 8, 2003
Sold by
Lutz Timothy W
Bought by
Roberts Richard and Roberts Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,250
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 27, 2003
Sold by
C P O Development Inc
Bought by
Lutz Timothy W
Source: Public Records

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
Shupard Charles $398,000 Foundation Title & Settlemen
Tran Anthony H $415,000 Alday Donalson Title Agencie
Torres Ruben $510,000 Alliance Title Brevard Llc
Roberts Richard $327,000 --
Lutz Timothy W $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shupard Charles Jay $297,000
Closed Shupard Charles $318,400
Previous Owner Tran Anthony H $269,500
Previous Owner Tran Anthony H $415,000
Previous Owner Torres Ruben $359,650
Previous Owner Roberts Richard $245,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $398,000 -5.2% $184 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $420,000 0.0% $194 / Sq Ft
09/28/2012 09/28/12 Rented $1,900 +5.6% --
09/26/2012 09/26/12 Under Contract -- -- --
09/21/2011 09/21/11 For Rent $1,800 -- --
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
2024 $3,013 $244,180 -- --
2023 $3,013 $237,070 $0 $0
2022 $2,802 $230,170 $0 $0
2021 $2,913 $223,470 $0 $0
2020 $2,860 $220,390 $0 $0
2019 $2,825 $215,440 $0 $0
2018 $5,200 $339,810 $0 $339,810
2017 $5,055 $316,330 $0 $316,330
2016 $5,048 $301,270 $0 $0
2015 $5,263 $301,270 $0 $0
2014 $5,252 $294,700 $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: 775043

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-13-76-00000.0-0004.20