NOT LISTED FOR SALE

505 S Miramar Ave Unit 2302 Indialantic, FL 32903

Estimated Value: $897,000 - $1,115,997

3 Beds
3 Baths
2,682 Sq Ft
2,614 Sq Ft Lot Lot

Sale Details

Date Sold: March 6, 2025

Last sale price $1,075,000 $401 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,737 / mo

37 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Open Floorplan
  • Indialantic Elementary School Rated A-
  • Heated In Ground Pool
  • Clubhouse

About This Home

As of March 2025

This luxurious 3 bed 3 bath corner unit is the former model boasting many quality upgrades & located in desirable SOFA. Direct 180-degree panoramic ocean views from wrap around balconies to enjoy front row viewing to dolphin,bird and surf watching, or take a quick 30 sec. walk and be directly on the beach! Huge Chef kitchen includes Wolf gas cooktop, full island with prep sink, Sub Zero fridge, dual bev coolers and large wine cooler. Custom cabinets galore & granite counters complete this dream kitchen. Primary suite offers 2 walk-in closets, separate vanities, huge walk-in shower and a jetted tub. 2nd primary with en suite bath is spacious enough for a king bed to enjoy the ocean views. 3rd BR boasts beautiful wood floors. 2 assigned garage pkg spaces, 2 storage units, 1 climate-controlled. Common amenities include heated pool & spa, gas grill, car wash station, club house and fitness room, all just an elevator ride away. Reserves fully funded & SIRS inspect completed 2023.

Last Agent to Sell the Property

Kevin Hill

RE/MAX Alternative Realty License #412189 Listed on: 12/30/2024

RE/MAX Alternative Realty

Last Buyer's Agent

Jennifer Ciecwierz

Keller Williams Rlty Vero Bch License #3417659

Keller Williams Rlty Vero Bch

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,291

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Additional Parking
  • Assigned Parking
  • Secure Parking

Property Views

  • Ocean
  • Beach

Home Design

  • Concrete Roof
  • Concrete Siding
  • Asphalt

Interior Spaces

  • 2,682 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors
  • Energy-Efficient Hot Water Distribution

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Balcony
  • Wrap Around Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00039.0-0001.22

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, sewer, trash, water
  • Magnolia Key Association
  • Magnolia Key Condo Subdivision
  • Maintained Community

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
  • Dogs and Cats Allowed

Security

  • Security Service
  • Card or Code Access
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,291

Year Built

Built in 2006 | Remodeled

Lot Details

2,614 Sq Ft Lot

HOA Fees

$1,100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Other
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Beach, Ocean
  • Water Body Name: Atlantic Ocean
  • ResoSecurityFeatures: Fire Sprinkler System, Key Card Entry, Smoke Detector(s), Secured Lobby
  • Reso Association Amenities: Barbecue, Clubhouse, Elevator(s), Fitness Center, Security, Storage, Trash, Water, Management - Off Site, Pool
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Key Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Doors, Windows, Water Heater
  • Reso Property Condition: Updated/Remodeled
  • General Property Information Community Fee(s) YN: No
  • Pets Allowed Total Number Of Pets: 2
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • General Property Information CDD Fee YN: No
  • Room Types Primary Bedroom Level: Main
  • Marketing Remarks:Marketing Remarks: This luxurious 3 bed 3 bath corner unit is the former model and was well maintained & boasts many quality upgraded features ad is located SOFA! DIRECT 180 degrees panoramic ocean views with wrap around balconies. Huge Chef's kitchen w/ Wolf gas cooktop, pot filler, island with prep sink, Sub Zero fridge, dual dishwashers, dual beverage cooler plus a large wine cooler, wall oven and warming drawer. Custom cherry cabinets and granite counters. Primary suite offers 2 walk-in closets (all with custom organizers) separate vanities, jetted tub, shower and bidet. 2nd primary suite with ocean views can also accommodate a king size bed. Gas fireplace separates the living and primary bedroom. Media room w/ surround sound speakers. Under building parking with 2 spaces and 2 large storage rooms and one is climate controlled! Common amenities include pool, spa, grill, club house and fitness room. Complex is structurally sound! SIRS inspection/reserve completed in 2023.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower, Breakfast Nook, Guest Suite
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Community, Heated
  • Appliances: Convection Oven, Dryer, Disposal, Dishwasher, Gas Cooktop, Gas Range, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Cooler, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Stories: 1
  • Stories: 4

Exterior Features

  • Exterior Features: Balcony, Impact Windows
  • Pool Features: Heated, In Ground
  • Roof: Concrete, Other
  • Acres: 0.06
  • Pool Private: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Concrete
  • Direction Faces: East
  • Patio And Porch Features: Wrap Around

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Assigned, Garage, Secured

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1100.0
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Key
  • Association: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-31-Eo-00039.0-0001.22

Green Features

  • Green Water Conservation: Efficient Hot Water Distribution

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12290.7

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
Mar 5, 2025
Sold by
Bought by
Seller's Agent
Kevin Hill
RE/MAX Alternative Realty
Buyer's Agent
Jennifer Ciecwierz
Keller Williams Rlty Vero Bch
List Price
$1,175,000
Sold Price
$1,075,000
Premium/Discount to List
-$100,000
-8.51%
Views
30
Current Estimated Value
$1,040,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,751
Avg. Annual Appreciation
-2.64%

Purchase Details

Closed on
Sep 2, 2021
Sold by
Bought by

Purchase Details

Listed on
Jun 10, 2020
Closed on
Nov 13, 2020
Sold by
Bought by
Seller's Agent
Brenda Teter
ITG Realty
Buyer's Agent
Sheri Hufnagel
Denovo Realty
List Price
$850,000
Sold Price
$815,000
Premium/Discount to List
-$35,000
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$489,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2012
Closed on
Jan 6, 2012
Sold by
Bought by
Seller's Agent
Bob Cochran
Professional Prop. of Brevard
List Price
$858,000
Sold Price
$858,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.58%
Original Mortgage
$272,800
Interest Rate
4.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,075,000 State Title Partners
$1,075,000 State Title Partners
-- Attorney
$100 None Listed On Document
$815,000 Atypical Title Llc
$858,000 Alliance Title Insurance Age
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $489,000
Previous Owner $272,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2025 03/06/25 Sold $1,075,000 -8.5% $401 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
12/30/2024 12/30/24 For Sale $1,175,000 +44.2% $438 / Sq Ft
11/20/2020 11/20/20 Sold $815,000 +0.1% $304 / Sq Ft View Prior Sale
10/09/2020 10/09/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $814,000 -0.6% $304 / Sq Ft
08/27/2020 08/27/20 Price Changed $819,000 -3.1% $305 / Sq Ft
06/24/2020 06/24/20 Price Changed $845,000 -0.6% $315 / Sq Ft
06/10/2020 06/10/20 For Sale $850,000 -0.9% $317 / Sq Ft
01/06/2012 01/06/12 Sold $858,000 0.0% $320 / Sq Ft View Prior Sale
12/30/2011 12/30/11 Pending -- -- --
12/15/2011 12/15/11 For Sale $858,000 -- $320 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,291 $896,750 -- --
2024 $12,028 $745,290 -- --
2023 $12,028 $723,590 -- --
2022 $11,225 $702,520 $0 $0
2021 $11,602 $682,060 $0 $682,060
2020 $8,458 $500,690 $0 $0
2019 $8,360 $489,440 $0 $0
2018 $8,419 $480,320 $0 $0
2017 $8,126 $470,450 $0 $0
2016 $8,208 $460,780 $0 $0
2015 $8,480 $457,580 $0 $0
2014 $8,554 $453,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Hill

    Seller's Agent in 2025

    Kevin Hill

    RE/MAX

    (321) 543-3649

    2 in this area

    109 Total Sales

    Kevin Hill
    Section Image
  • Jennifer Ciecwierz

    Buyer's Agent in 2025

    Jennifer Ciecwierz

    Keller Williams Rlty Vero Bch

    (201) 978-7727

    1 in this area

    101 Total Sales

    Jennifer Ciecwierz
    Section Image

  • B

    Seller's Agent in 2020

    Brenda Teter

    ITG Realty

  • Sheri Hufnagel

    Buyer's Agent in 2020

    Sheri Hufnagel

    Denovo Realty

    (321) 501-4243

    26 Total Sales

    Sheri Hufnagel
    Section Image

  • S

    Buyer's Agent in 2020

    Sheri Boltz

    Denovo Realty

  • B

    Seller's Agent in 2012

    Bob Cochran

    Professional Prop. of Brevard

    (321) 271-8569

    Bob Cochran
    Section Image
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Map

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

MLS Number: 1032835

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00039.0-0001.22

Florida Brevard County Indialantic 32903

505 S Miramar Ave Unit 2302, Indialantic, FL

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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