NOT LISTED FOR SALE

505 N Miramar Ave Unit 406 Indialantic, FL 32903

Estimated Value: $391,000 - $445,000

2 Beds
2 Baths
1,434 Sq Ft
$400/mo HOA Fee

Last Sold June 04, 2015

Last sale price $194,000 $135 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,089/month

153 Days on Market

Highlights

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

About This Home

As of June 2015

PRICE REDUCED ANOTHER $3000! And did we mention we have a MOTIVATED SELLER?! BRING AN OFFER on this 2 bedroom (potential 3 bedroom) condo one block from all the action of Downtown Indialantic! Open Kitchen and living area, wide balcony with view of ocean to the east. Large Master suite with walk in closet. Full size washer and dryer. Extra room could be office, third bedroom, extra living space. Oceanfront condo with pool, clubhouse, underground parking and extra storage. Great opportunity here!

Last Agent to Sell the Property

Chana Newport

BHHS Florida Realty Listed on: 12/15/2014

Last Buyer's Agent

Daniel Frey

Tropical Realty Beachside

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,885

Year Built

  • Built in 1983

Lot Details

  • Ocean Front
  • Home fronts a seawall
  • South Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,434 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Ceiling Fan
  • Bonus Room
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00066.0-0004.22

Community Details

Overview

  • Association fees include sewer, water
  • The Surfrider Condo Of Indialantic Subdivision
  • Maintained Community

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Community Pool
  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,885

Year Built

Built in 1983

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Reso View: Ocean, Water
  • Reso Association Amenities: Clubhouse, Maintenance Grounds, Management - Full Time, Park, Storage
  • Reso Association Fee Includes: Sewer, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: The Surfrider Condo of Indialantic
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00066.0-0004.22
  • 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: 2884.73
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1434.0
  • General Property Information Building Area Total3: 1434.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • General Property Information Stories Total: 4
  • ViewOcean: Yes
  • Room Types Bonus Room: Yes
  • Pets Allowed No: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: 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:Wet Bar: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, In Ground
  • Roof: Other
  • Acres: 0.04
  • Waterfront Features: Ocean Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes
  • Waterfront Features:Seawall: Yes

Garage/Parking

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

Utilities

  • Cooling: Electric
  • Utilities: Electricity Connected, Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 400.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Storage: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Amenities:Park: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2731573
  • Parcel #: 27-38-31-Eo-00066.0-0004.22
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2884.73

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2014
Closed on
Jun 4, 2015
Sold by
Powell Gerard P
Bought by
Osborne John R and Osborne Janet M
Seller's Agent
Chana Newport
BHHS Florida Realty
Buyer's Agent
Daniel Frey
Tropical Realty Beachside
List Price
$229,000
Sold Price
$194,000
Premium/Discount to List
-$35,000
-15.28%
Current Estimated Value
$417,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,185
Avg. Annual Appreciation
7.65%

Purchase Details

Closed on
Sep 15, 2003
Sold by
Joyce William and Joyce Barbara
Bought by
Powell Gerard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.33%
Source: Public Records

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
Osborne John R $194,000 Liberty Maximum Title
Powell Gerard P $219,000 State Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Gerard P $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2015 06/04/15 Sold $194,000 -10.6% $135 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
04/13/2015 04/13/15 Price Changed $216,900 -5.3% $151 / Sq Ft
12/15/2014 12/15/14 For Sale $229,000 -- $160 / 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 $5,810 $346,450 -- --
2024 $5,546 $362,730 -- --
2023 $5,546 $362,730 $0 $362,730
2022 $4,853 $336,030 $0 $0
2021 $4,468 $264,930 $0 $264,930
2020 $4,185 $250,290 $0 $250,290
2019 $3,660 $194,670 $0 $194,670
2018 $3,627 $192,740 $0 $192,740
2017 $3,213 $168,320 $0 $168,320
2016 $3,318 $168,320 $0 $0
2015 $3,199 $155,840 $0 $0
2014 $2,964 $141,680 $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: 713282

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00066.0-0004.22