$815,000
SOLD NOV 20, 2020

505 S Miramar Ave Unit 2302 Indialantic, FL 32903

Melbourne Beach Neighborhood
3 Beds
3 Baths
2,682 Sq Ft
$710/mo HOA Fee

Recently Sold

$304 Per Sq Ft

4% Below List Price

120 Days on Market

Highlights

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

About This Home

As of March 2025

Enjoy casual elegance & stunning panoramic DIRECT OCEAN VEWS in this luxury condo in desirable Magnolia Keys. Stylish gourmet kitchen boasts of beautiful wood cabinetry, high-end SS appl incl Wolf gas cooktop, sub zero fridge, wine cooler, ice maker, double dishwasher & more. Wake up to calm of ocean views in your impressive Master Suite w/balcony, fireplace, large Master bath w/double vanities, jetted tub, separate glass shower. Other key features incl impact windows, lighted tray ceilings, crown moldings, granite, 2 garage parking, & 2 private storage rooms (1 w/AC). Only one owner & was model so lots of EXTRAs. Amenities incl clubhouse, heated pool/spa, fitness facility, BBQ, car wash. Most furniture will convey for turnkey home. Just bring swim suit and start living the BEACH LIFE!

Last Agent to Sell the Property

Brenda Teter

ITG Realty Listed on: 06/10/2020

Last Buyer's Agent

Sheri Hufnagel

Kirschner Real Estate G

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,360

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • South Facing Home

HOA Fees

  • $710 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,682 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views

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

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Shed
  • Wrap Around Porch

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-00039.0-0001.22

Community Details

Overview

  • Association fees include 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
  • Secure Lobby
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Secure Elevator
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,360

Year Built

Built in 2006

Lot Details

0

HOA Fees

$710 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • ResoLotFeatures: Other
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Fire Sprinkler System, Smoke Detector(s), Secured Elevator, Secured Lobby
  • Reso Association Amenities: Barbecue, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Spa/Hot Tub, Storage
  • Reso Association Fee Includes: Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Key Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00039.0-0001.22
  • 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: 8359.69
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 2682.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: 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
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Pets Allowed Size Limit: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Stories Total: 4
  • General Property Information Association Phone: 321-773-4033
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Utilities Natural Gas Connected: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

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

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, In Ground
  • Roof: Membrane, Other
  • Acres: 0.06
  • Waterfront Features: Ocean Access, Ocean Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Wrap Around
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Other21: Yes
  • Patio And Porch Features:Wrap Around: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Natural Gas Connected, Water Available
  • 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: 710.0
  • 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: 710.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: 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

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2745362
  • Parcel #: 27-38-31-Eo-00039.0-0001.22
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8359.69

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
Mar 5, 2025
Sold by
Christopher Michael L and Plumhead Family Trust
Bought by
Leger Robert C
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
$1,077,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,057
Avg. Annual Appreciation
2.05%

Purchase Details

Closed on
Sep 2, 2021
Sold by
Christopher Michael L and Christopher Cassandra
Bought by
Christopher Michael L and Christopher Cassandra G

Purchase Details

Listed on
Jun 10, 2020
Closed on
Nov 13, 2020
Sold by
Rassmann Ted and Rassmann Jennifer
Bought by
Christopher Michael L and Christopher Cassandra
Seller's Agent
Brenda Teter
ITG Realty
Buyer's Agent
Sheri Hufnagel
Kirschner Real Estate G
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
6.26%
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
Magnolia Key Development Inc
Bought by
Rassmann Ted and Rassmann Jennifer
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

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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 Type Sale Price Title Company
Warranty Deed $1,075,000 State Title Partners
Warranty Deed $1,075,000 State Title Partners
Interfamily Deed Transfer -- Attorney
Warranty Deed $815,000 Atypical Title Llc
Corporate Deed $858,000 Alliance Title Insurance Age
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
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
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
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 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
2023 $12,028 $723,590 $0 $0
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

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Map

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

MLS Number: 877473

Space Coast MLS (Space Coast Association of REALTORS®)

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