NOT LISTED FOR SALE

2925 N Highway A1a Unit 116 Indialantic, FL 32903

Estimated Value: $359,000 - $390,172

2 Beds
2 Baths
1,200 Sq Ft
$1,112/mo HOA Fee

Last Sold May 23, 2024

Last sale price $440,000 $367 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,439/month

111 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Heated In Ground Pool
  • Indialantic Elementary School Rated A-
  • Property has ocean access
  • Breakfast Area or Nook

About This Home

As of May 2024

INVESTOR ALERT! BEACHFRONT AIRBNB. 7.5% CAP rate with seller using it during season. Steps away from beach access and the pool, this fully furnished, updated condo is ready for it's full time resident or new investor to rent it out short or long term. Villa Riviera is in the heart of Indialantic- near shopping, restaurants, and all the amenities of an active coastal town. Updated kitchen that is open to a family room and dining area. Tile and wood floors throughout the unit. Two comfortable bedrooms and one bathroom upstairs with walk in closets. One car garage. Community pool with lounge chairs, private beach crosswalk, laundry room. and resort like landscaping. Off site management available. CASH ONLY. Unit has been brought to 4 point and fire codes. Currently renting and available to rent.

Last Agent to Sell the Property

Amanda Gonnella

RE/MAX Alternative Realty License #3319839 Listed on: 02/28/2024

RE/MAX Alternative Realty

Last Buyer's Agent

Tania Dalton

Sandy Toes Real Estate License #3206141

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,068

Year Built

  • Built in 1975

Lot Details

  • Property fronts a county road
  • South Facing Home
  • Vinyl Fence

HOA Fees

  • $1,112 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Additional Parking

Property Views

  • Ocean
  • Beach
  • Pool

Home Design

  • Tile Roof
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Balcony
  • Patio

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 27-37-13-76-00000.0-0001.16

Community Details

Overview

  • Association fees include cable TV, insurance, internet, sewer, trash
  • Villa Riviera Association
  • Villa Riviera Club Inc Condo Subdivision
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Community Beach Access
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,068

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,112 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Other
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Reso View: Beach, Ocean, Pool, Water
  • Reso Association Amenities: Beach Access, Laundry, Maintenance Grounds, Management - Off Site
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Sewer, Trash
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Villa Riviera Club Inc Condo
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-13-76-00000.0-0001.16
  • 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 Year2: 2023
  • General Property Information Living Area2: 1200.0
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2613.6
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • General Property Information Stories Total: 2
  • ViewOcean: Yes
  • Pool Features Electric Heat: Yes
  • Fencing Vinyl2: Yes
  • Association Amenities Laundry2: Yes
  • Pets Allowed No: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • General Property Information Stories2: 2
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Road Frontage Type County Road: Yes
  • View Beach: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Nook, Primary Bathroom - Shower No Tub, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, Electric Heat, In Ground, Other
  • Roof: Membrane, Tile, Other
  • Fencing: Fenced, Vinyl
  • Acres: 0.06
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Lot Features:Other21: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Attached, Garage, Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1112.0
  • Association Fee Frequency: Monthly
  • Association Name: VILLA RIVIERA
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: VILLA RIVIERA
  • General Property Information:Association Fee: 1112.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Beach Access: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2716121
  • Parcel #: 27-37-13-76-00000.0-0001.16
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
May 23, 2024
Sold by
Parducci Michael
Bought by
Hermanson Marketing & Consulting Llc
Seller's Agent
Amanda Gonnella
RE/MAX Alternative Realty
Buyer's Agent
Tania Dalton
Sandy Toes Real Estate
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%
Views
123
Current Estimated Value
$375,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,957
Avg. Annual Appreciation
-11.08%

Purchase Details

Closed on
Nov 21, 2007
Sold by
Parducci Rosemarie
Bought by
Parducci Michael
Source: Public Records

Range of Values:

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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
Hermanson Marketing & Consulting Llc $440,000 Southern Capital Title Agency
Parducci Michael -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2024 05/23/24 Sold $440,000 -4.1% $367 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $459,000 0.0% $383 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $459,000 -- $383 / 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
2025 $4,068 $325,780 -- --
2024 $3,975 $314,670 -- --
2023 $3,975 $314,670 $0 $314,670
2022 $3,243 $242,560 $0 $0
2021 $3,252 $224,890 $0 $224,890
2020 $3,003 $200,790 $0 $200,790
2019 $2,979 $195,760 $0 $195,760
2018 $3,012 $193,830 $0 $193,830
2017 $2,980 $193,290 $0 $193,290
2016 $2,734 $158,680 $0 $0
2015 $2,608 $144,250 $0 $0
2014 $2,549 $138,030 $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: 1002481

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-13-76-00000.0-0001.16