NOT LISTED FOR SALE

505 S Miramar Ave Unit 2401 Indialantic, FL 32903

Estimated Value: $679,414 - $881,000

3 Beds
2 Baths
2,061 Sq Ft
$850/mo HOA Fee

Last Sold April 07, 2023

Last sale price $760,000 $369 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,696/month

44 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 April 2023

Prepare to be amazed as you reach the top floor of the spectacular Magnolia Key condo that is remodeled & shining from top to bottom. Enter this very private condo (elevator steps from your front door) & enjoy its sweeping beauty from the front to the end of both balconies. Remodeled kitchen & CUSTOM DESIGNED REMODELED bathrooms. Hardwood flooring & tile leaving this place spacious, bright & open. Large kitchen w/island, large pantry & BRAND-NEW APPLIANCES & wine refrigerator. Open floorplan w/OCEAN VIEWS from almost every room. Two balconies & you are just 100 or so steps to the beach. HVAC unit 2021 & condo is equipped w/ Rinnai hot water system. Roofs recently replaced & landscaping revamped. Two car spaces in garage & an air-conditioned storage unit. HURRICANE IMPACT WINDOWS!!

Last Agent to Sell the Property

Leann Schneider

Grand Star Realty of Brevard License #3222601 Listed on: 02/15/2023

Last Buyer's Agent

Leann Schneider

Grand Star Realty of Brevard License #3222601 Listed on: 02/15/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,324

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • East Facing Home
  • Zero Lot Line

HOA Fees

  • $850 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 2,061 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Ocean Views
  • Security System Leased

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Sink Near Laundry

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00039.0-0001.26

Community Details

Overview

  • Association fees include cable TV, trash, water
  • Magnolia Key Condo Association
  • Magnolia Key Condo Subdivision
  • Maintained Community

Amenities

  • Clubhouse
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Card or Code Access
  • Phone Entry
  • Secure Elevator
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,324

Year Built

Built in 2006

Lot Details

0

HOA Fees

$850 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Sink
  • ResoLotFeatures: Zero Lot Line
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Fire Sprinkler System, Key Card Entry, Security System Leased, Smoke Detector(s), Entry Phone/Intercom, Secured Elevator, Secured Lobby
  • Reso Association Amenities: Clubhouse, Fitness Center, Maintenance Grounds, Management - Full Time, Management - Off Site
  • Reso Association Fee Includes: Cable TV, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Key Condo
  • 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-00039.0-0001.26
  • 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: 5323.68
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2061.0
  • General Property Information Building Area Total3: 2061.0
  • 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: East
  • 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
  • Flooring Wood: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: 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
  • Security Features Key Card Entry: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 4
  • Levels Three Or More: Yes
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Pool Features Electric Heat: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Security Features Security System Leased: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Ceiling Fan(s), Elevator, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Elevator: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, Electric Heat, In Ground
  • Roof: Membrane, Other
  • Acres: 0.06
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Zero Lot Line: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 850.0
  • Association Fee Frequency: Monthly
  • Association Name: MAGNOLIA KEY CONDO
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: MAGNOLIA KEY CONDO
  • General Property Information:Association Fee: 850.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2745366
  • Parcel #: 27-38-31-Eo-00039.0-0001.26
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5323.68

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Apr 7, 2023
Sold by
Mclachlan Craig and Mclachlan Cheri
Bought by
Hibiscus Crossing Inc
Seller's Agent
Leann Schneider
Grand Star Realty of Brevard
Buyer's Agent
Leann Schneider
Grand Star Realty of Brevard
List Price
$849,900
Sold Price
$760,000
Premium/Discount to List
-$89,900
-10.58%
Views
19
Current Estimated Value
$754,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,646
Avg. Annual Appreciation
-0.29%

Purchase Details

Closed on
Oct 22, 2014
Sold by
Callicotte Barbara
Bought by
Mclachlan Craig and Mclachlan Cheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2014
Sold by
Larson Daniel and Larson Alexandra
Bought by
Callicotte Barbara

Purchase Details

Closed on
Aug 28, 2006
Sold by
Magnolia Key Development Inc
Bought by
Callicotte Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hibiscus Crossing Inc $760,000 Alliance Title
Mclachlan Craig $370,000 Precise Title Inc
Callicotte Barbara -- Attorney
Callicotte Barbara $519,000 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclachlan Craig $260,000
Previous Owner Callicotte Barbara $415,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $760,000 -5.0% $369 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/14/2023 03/14/23 Price Changed $799,900 -3.0% $388 / Sq Ft
03/07/2023 03/07/23 Price Changed $824,900 -1.2% $400 / Sq Ft
02/28/2023 02/28/23 Price Changed $834,900 -1.8% $405 / Sq Ft
02/14/2023 02/14/23 For Sale $849,900 0.0% $412 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $849,900 -- $412 / 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 $10,296 $576,540 -- --
2024 $5,725 $589,590 -- --
2023 $5,725 $364,360 $0 $0
2022 $5,324 $353,750 $0 $0
2021 $5,488 $343,450 $0 $0
2020 $5,487 $338,710 $0 $0
2019 $5,418 $331,100 $0 $0
2018 $5,451 $324,930 $0 $0
2017 $5,259 $318,250 $0 $0
2016 $5,308 $311,710 $0 $0
2015 $5,482 $309,550 $0 $0
2014 $6,585 $317,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leann Schneider

    Seller's Agent in 2023

    Leann Schneider

    Grand Star Realty of Brevard

    (321) 544-4829

    1 in this area

    168 Total Sales

    Leann Schneider
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Map

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

MLS Number: 956251

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00039.0-0001.26

Florida Brevard County Indialantic 32903

505 S Miramar Ave Unit 2401, Indialantic, FL

This home is located at 505 S Miramar Ave Unit 2401, Indialantic, FL 32903 since 15 February 2023 and is currently estimated at $754,354, approximately $366 per square foot. This property was built in 2006. 505 S Miramar Ave Unit 2401 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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