$915,000
OPEN SAT 12PM - 2PM

505 S Miramar Ave Unit 2403 Indialantic, FL 32903

Melbourne Beach Neighborhood

Estimated payment $7,181/month

Total Views 64
3 Beds
2 Baths
1,887 Sq Ft
$485 Price per Sq Ft

Highlights

  • Community Beach Access
  • Ocean Front
  • Fitness Center
  • Indialantic Elementary School Rated A-
  • Deeded access to the beach
  • Heated Spa

About This Home

Penthouse living meets coastal cool in this 2006-built oceanfront 3-bedroom, 2-bath residence, perfectly positioned in the coveted SOFA district—just steps from Fifth Avenue's vibrant dining and shopping scene, including Scott's on Fifth, Skewers, Bizarro's, Starbucks, and Publix. Watch launches from the north and view the rockets as they cruise across the skyline in front of you beyond impact-rated windows and 9-foot ceilings, you'll find sleek LVP and ceramic tile flooring, granite kitchen counters, and a thoughtfully updated interior with new AC (2020), tankless gas water heater (2023), and a 2021 roof. Owners enjoy two prized garage parking spaces and a suite of amenities: a resurfaced (2021) pool and spa, gas grill and clubhouse for social gatherings, a fully outfitted fitness center with brand-new equipment, and climate-controlled storage for added ease. This top-floor retreat offers not just luxury, but a lifestyle—elevated, effortless, and steps from the sand.

Last Listed By

Krissy Lindbaek

Compass Florida, LLC License #3211983 Listed on: 06/10/2025

Compass Florida, LLC

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,584

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • West Facing Home
  • Front Yard Sprinklers
  • Few Trees

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Beach

Home Design

  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,887 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Heated Spa
  • Deeded access to the beach
  • Balcony

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-00039.0-0001.28

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, sewer, trash, water
  • Magnolia Key Condo Association
  • Magnolia Key Condo Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

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

Recreation

  • Community Beach Access
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Hurricane or Storm Shutters
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,584

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Few Trees, Sprinklers In Front
  • Reso View: Beach, Ocean, Water
  • Water Body Name: Atlantic Ocean
  • ResoSecurityFeatures: Secured Lobby
  • Reso Association Amenities: Barbecue, Beach Access, Cable TV, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Pool, Spa/Hot Tub, Storage, Trash, Water, Management - On Site
  • Reso Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Key Condo
  • Reso Accessibility Features: Accessible Elevator Installed
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Sewer:Public Sewer: Yes
  • ViewOcean: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: 4097
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Central Vacuum, Entrance Foyer, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Vinyl
  • Spa Features: Community, Heated, Private
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Open Floorplan: 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:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Central Vacuum: Yes
  • Spa Features:Community2: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Impact Windows, Storm Shutters
  • Acres: 0.06
  • Pool Private: No
  • Waterfront Features: Ocean Front, Deeded Beach Access
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Few Trees: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • 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: 1100.0
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Key Condo Association
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Magnolia Key Condo Association
  • General Property Information:Association Fee: 1100.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: 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 Amenities:Beach Access: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2745368
  • Parcel #: 27-38-31-Eo-00039.0-0001.28

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11583.6

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $11,584 $703,290 $0 $703,290
2022 $5,529 $365,890 $0 $0
2021 $5,700 $355,240 $0 $0
2020 $5,700 $350,340 $0 $0
2019 $5,629 $342,470 $0 $0
2018 $5,664 $336,090 $0 $0
2017 $5,465 $329,180 $0 $0
2016 $5,516 $322,410 $0 $0
2015 $5,697 $320,170 $0 $0
2014 $5,744 $317,630 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $915,000 -10.7% $485 / Sq Ft
12/14/2022 12/14/22 Sold $1,025,000 -10.9% $543 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $1,150,000 -- $609 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,025,000 Bella Title & Escrow
Warranty Deed $640,000 Fnt Brevard
Warranty Deed $619,000 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Closed $700,000 New Conventional
Previous Owner $96,000 No Value Available
Previous Owner $512,000 Purchase Money Mortgage
Previous Owner $495,200 Purchase Money Mortgage
Source: Public Records

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

MLS Number: 1048608

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00039.0-0001.28

Florida Brevard County Indialantic 32903 Melbourne Beach

505 S Miramar Ave Unit 2403, Indialantic, FL

This home is located at 505 S Miramar Ave Unit 2403, Indialantic, FL 32903 and is currently priced at $915,000, approximately $484 per square foot. This property was built in 2006. 505 S Miramar Ave Unit 2403 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.

Nearby Homes
Krissy Lindbaek
Listing Agent
Krissy Lindbaek
Section Image
Compass Florida, LLC
(321) 510-8539