NOT LISTED FOR SALE

505 S Miramar Ave Unit 2205 Indialantic, FL 32903

Estimated Value: $967,000 - $989,000

3 Beds
3 Baths
2,580 Sq Ft
$750/mo HOA Fee

Last Sold May 13, 2022

Last sale price $962,500 $373 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,155/month

157 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Wood Flooring
  • Indialantic Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of May 2022

Here is the beachside condo you've been waiting for in the prestigious Magnolia Key. Direct ocean SE corner unit 3 BR/3 BA just south of 5th Ave in Indialantic that features a chefs dream of a gourmet kitchen. It provides a perfect gathering space for friends and family. Granite countertops, 2018 stainless steel appliances, natural gas stove, large center island, maple Kraftmaid cabinetry, and Kohler faucets/fixtures. The master bedroom offers a private oasis, with an extra-large jetted whirlpool soaking tub, separate shower, his and her sinks, and a European bidet. 18-inch tile all living areas, 9-ft ceilings, central vac, 2021 gas tank-less water heater, two Trane AC units. This floor plan features two master suites. One with a view of the ocean and the other has a pool and sunset view. Large impact sliders and windows in the living area and bedrooms. Fantastic complex with a heated pool & spa, clubhouse & manicured grounds. This unit comes with a 2-car garage & 4x7 air-conditioned storage closet on the ground floor! HOA installed a new roof in 2021. Moving day will be a breeze with the tall elevator for an easy move-in. Take a look; you won't be disappointed!

Last Agent to Sell the Property

Leann Graefe

Keller Williams Realty Brevard License #3447853 Listed on: 03/07/2022

Keller Williams Realty Brevard

Last Buyer's Agent

Luz Colina

Premier Sotheby's Intl Realty License #3079460

Premier Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,433

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • North Facing Home

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Roof
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,580 Sq Ft Home
  • 4-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Fireplace
  • Dining Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

Outdoor Features

  • Balcony
  • Wrap Around Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00039.0-0001.20

Community Details

Overview

  • Association fees include insurance, pest control, sewer, trash, water
  • Dependable Property Mgmt Association, Phone Number (321) 773-4033
  • Magnolia Key Condo Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator
  • Secure Lobby
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Card or Code Access
  • Phone Entry
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,433

Year Built

Built in 2006

Lot Details

0

HOA Fees

$750 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Sink
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Fire Sprinkler System, Key Card Entry, Entry Phone/Intercom, Secured Lobby
  • Reso Association Amenities: Barbecue, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Off Site, Spa/Hot Tub, Storage
  • Reso Association Fee Includes: Insurance, Pest Control, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Key Condo
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00039.0-0001.20
  • 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: 9433.28
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 2580.0
  • General Property Information Building Area Total3: 3054.0
  • 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
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Security Features Key Card Entry: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 4
  • General Property Information Association Phone: 321-773-4033
  • Roof Concrete2: Yes
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Utilities Natural Gas Connected: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, His and Hers Closets, Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: 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
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community
  • Roof: Concrete, Metal, Other
  • Acres: 0.06
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Wrap Around
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Waterfront Features:Ocean Front: Yes
  • Patio And Porch Features:Wrap Around: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 750.0
  • Association Fee Frequency: Monthly
  • Association Name: Dependable Property Mgmt
  • Phone: 321-773-4033
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Dependable Property Mgmt
  • General Property Information:Association Fee: 750.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Storage: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Barbecue: 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: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2745360
  • Parcel #: 27-38-31-Eo-00039.0-0001.20
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9433.28

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Colina Ramon E and Colina Luz E
Bought by
Ramon And Luz Colina Revocable Trust
Current Estimated Value
$978,071

Purchase Details

Listed on
Mar 7, 2022
Closed on
May 13, 2022
Sold by
Moore Gregory J and Moore Thuy N
Bought by
Colina Ramon E and Colina Luz E
Seller's Agent
Leann Graefe
Keller Williams Realty Brevard
Buyer's Agent
Luz Colina
Premier Sotheby's Intl Realty
List Price
$1,044,900
Sold Price
$962,500
Premium/Discount to List
-$82,400
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%
Original Mortgage
$866,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2015
Closed on
Apr 29, 2015
Sold by
Cardillo Michael and Cardillo Patricia
Bought by
Moore Gregory J
Seller's Agent
Denise Contella
RE/MAX Aerospace Realty
Buyer's Agent
Out Of Area (SCAR)
Out of Area
List Price
$698,000
Sold Price
$620,000
Premium/Discount to List
-$78,000
-11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$496,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2010
Sold by
Magnolia Key Development Inc
Bought by
Cardillo Michael and Cardillo Patricia
Source: Public Records

Range of Values:

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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
Ramon And Luz Colina Revocable Trust $100 None Listed On Document
Colina Ramon E $962,500 New Title Company Name
Moore Gregory J $620,000 State Title Partners Llp
Cardillo Michael $610,000 Alliance Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colina Ramon E $866,250
Previous Owner Moore Gregory J $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $962,500 -7.0% $373 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
03/29/2022 03/29/22 Price Changed $1,035,000 -0.9% $401 / Sq Ft
03/07/2022 03/07/22 For Sale $1,044,900 +8.6% $405 / Sq Ft
02/19/2022 02/19/22 Off Market $962,500 -- --
11/05/2021 11/05/21 For Sale $1,044,900 +68.5% $405 / Sq Ft
05/14/2015 05/14/15 Sold $620,000 -4.6% $240 / Sq Ft View Prior Sale
04/12/2015 04/12/15 Pending -- -- --
03/24/2015 03/24/15 Price Changed $650,000 -6.9% $252 / Sq Ft
11/29/2014 11/29/14 For Sale $698,000 -- $271 / 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 $14,635 $858,560 -- --
2024 $14,775 $880,190 -- --
2023 $14,775 $880,190 $0 $880,190
2022 $9,126 $578,440 $0 $0
2021 $9,427 $561,600 $0 $0
2020 $9,433 $553,850 $0 $0
2019 $9,325 $541,400 $0 $0
2018 $9,393 $531,310 $0 $0
2017 $9,066 $520,390 $0 $0
2016 $9,160 $509,690 $0 $0
2015 $9,782 $480,840 $0 $0
2014 -- $457,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leann Graefe

    Seller's Agent in 2022

    Leann Graefe

    Keller Williams Realty Brevard

    (407) 230-7910

    1 in this area

    107 Total Sales

    Leann Graefe
    Section Image
  • Luz Colina

    Buyer's Agent in 2022

    Luz Colina

    Premier Sotheby's Intl Realty

    (941) 504-2948

    1 in this area

    41 Total Sales

    Luz Colina
    Section Image
  • Denise Contella

    Seller's Agent in 2015

    Denise Contella

    RE/MAX

    (800) 330-4241

    77 Total Sales

    Denise Contella
    Section Image

  • O

    Buyer's Agent in 2015

    Out Of Area (SCAR)

    Out of Area

See All Agents

Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 918827

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00039.0-0001.20

Florida Brevard County Indialantic 32903

505 S Miramar Ave Unit 2205, Indialantic, FL

This home is located at 505 S Miramar Ave Unit 2205, Indialantic, FL 32903 since 07 March 2022 and is currently estimated at $978,071, approximately $379 per square foot. This property was built in 2006. 505 S Miramar Ave Unit 2205 is a home located in Brevard County with nearby schools including Indialantic Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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