NOT LISTED FOR SALE

505 N Miramar Ave Unit 401 Indialantic, FL 32903

Estimated Value: $441,000 - $706,000

3 Beds
2 Baths
1,584 Sq Ft
$670/mo HOA Fee

Last Sold December 12, 2022

Last sale price $640,000 $404 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,109/month

37 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Wood Flooring
  • Indialantic Elementary School Rated A-
  • Clubhouse
  • 3-minute walk to James H. Nance Park

About This Home

As of December 2022

Enjoy the breathtaking views from the balcony of your top floor, Southeast corner, ocean front condo! This beautiful 3 bedroom, 2 bathroom unit was tastefully upgraded, offering the relaxing atmosphere you have been dreaming of. Perfect for year round residency, or as your beach front vacation home. Steps to the sand, or a short walk to the boardwalk, shops, restaurants, or the grocery store. Gated perimeter, covered garage parking with coded entry, full use of secure clubhouse and community pool!

Last Agent to Sell the Property

George Khoury

GK Realty Group License #3250741 Listed on: 10/21/2022

Co-Listed By

Samantha Romero

GK Realty Group

Last Buyer's Agent

Samantha Romero

Real Broker, LLC License #3419713

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1983

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $670 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Additional Parking
  • Assigned Parking

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,584 Sq Ft Home
  • 4-Story Property
  • Ocean Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • 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 27-38-31-Eo-00066.0-0004.17

Community Details

Overview

  • Association fees include cable TV, insurance, pest control, sewer, water
  • The Surfrider Condo Of Indialantic Association
  • The Surfrider Condo Of Indialantic Subdivision
  • Maintained Community

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,470

Year Built

Built in 1983

Lot Details

0

HOA Fees

$670 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Water
  • Reso Association Amenities: Clubhouse, Elevator(s), Maintenance Grounds, Management - Full Time, Pool
  • Reso Association Fee Includes: Cable TV, Insurance, Pest Control, Sewer, Water
  • Co List Office Mls Id: spc.ogkrg
  • Co List Office Phone: 321-499-3129
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: The Surfrider Condo of Indialantic
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00066.0-0004.17
  • 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: 2470.0
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1584.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.0
  • 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: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • General Property Information Stories Total: 4
  • Levels Three Or More: Yes
  • ViewOcean: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Elevator, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: In Ground
  • Roof: Membrane
  • Acres: 0.04
  • Pool Private: No
  • 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:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Assigned, Covered
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 670.0
  • Association Fee Frequency: Monthly
  • Association Name: THE SURFRIDER CONDO OF INDIALANTIC
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: THE SURFRIDER CONDO OF INDIALANTIC
  • General Property Information:Association Fee: 670.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2731568
  • Parcel #: 27-38-31-Eo-00066.0-0004.17

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2470.0

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 12, 2022
Sold by
Cipolloni Mark and Cipolloni Daniels M
Bought by
Geach Terassa M
Seller's Agent
George Khoury
GK Realty Group
Buyer's Agent
Samantha Romero
Real Broker, LLC
List Price
$665,000
Sold Price
$640,000
Premium/Discount to List
-$25,000
-3.76%
Views
33
Current Estimated Value
$558,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,543
Avg. Annual Appreciation
-4.65%

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 11, 2022
Sold by
Leonard R Nichols Credit Shelter Trust
Bought by
Cipolloni Mark and Lopresti Daniela M
Seller's Agent
Ocie Dorricott
RE/MAX Alternative Realty
Buyer's Agent
Sandra Sheibani
One Sotheby's International
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.29%

Purchase Details

Closed on
Jun 27, 2011
Sold by
Nichols Shirley J and Leonard R Nichols Revocable Tr
Bought by
Nichols Shirley J and Leonard R Nichols Credit Shelt
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
Geach Terassa M $640,000 Supreme Title Closings
Cipolloni Mark $650,000 State Title Partners
Nichols Shirley J -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2022 12/12/22 Sold $640,000 -3.8% $404 / Sq Ft
11/26/2022 11/26/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $665,000 +2.3% $420 / Sq Ft
04/12/2022 04/12/22 Sold $650,000 0.0% $410 / Sq Ft View Prior Sale
03/26/2022 03/26/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $650,000 -- $410 / 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 $5,848 $385,360 -- --
2024 $9,279 $374,500 -- --
2023 $9,279 $526,030 $0 $526,030
2022 $2,411 $182,140 $0 $0
2021 $2,470 $176,840 $0 $0
2020 $2,464 $174,400 $0 $0
2019 $2,424 $170,480 $0 $0
2018 $2,431 $167,310 $0 $0
2017 $2,342 $163,870 $0 $0
2016 $2,356 $160,500 $0 $0
2015 $2,430 $159,390 $0 $0
2014 $2,445 $158,130 $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: 948896

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00066.0-0004.17