$570,000
$5K PRICE DROP

700 Wave Crest Ave Unit 204 Indialantic, FL 32903

Estimated payment $4,328/month

Total Views 101,605
2 Beds
2 Baths
1,554 Sq Ft
$367 Price per Sq Ft

Highlights

  • Community Beach Access
  • Ocean Front
  • Gated Community
  • Indialantic Elementary School Rated A-
  • 24-Hour Security
  • Open Floorplan

About This Home

Welcome to 700 Wavecrest Ave Unit 204, a stunning oceanfront condo offering panoramic views, modern upgrades, and peace of mind. This boutique 18-unit building has completed a $3M structural renovation including a new roof and impact-rated turtle glass windows. Fully compliant with Florida Senate Bill 4D and SIRS, there are no pending repairs, surprise assessments, or reserve concerns. Inside you'll find a chef's kitchen with granite countertops, stainless appliances, and a large island, a cozy sunken fireplace, split-bedroom layout, and a walk-in closet in the primary suite. Enjoy breathtaking views from your 48-foot private balcony. Additional highlights include updated A/C, assigned parking, and secure access. Pet-friendly with no size restrictions. Perfect for full-time living, seasonal getaways, or investment. Fully insurable, financeable, and just steps from the beach, dining, and shops in the heart of Indialantic.

Listing Agent

Ruth Murphy

Dale Sorensen Real Estate Inc. License #3508207 Listed on: 11/13/2024

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 2,178 Sq Ft Lot
  • Ocean Front
  • West Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $941 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Wood Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Ocean Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

  • Security Gate
  • Closed Circuit Camera
  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • Guest Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Bathroom
  • Visitor Bathroom
  • Grip-Accessible Features
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Kitchen Appliances
  • Central Living Area
  • Accessible Hallway

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck
  • Rear Porch

Additional Homes

  • 1,554 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)
  • ADU includes 2 Bedrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pest control, security, trash
  • Islamorada Condo Association
  • Islamorada Condo Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Secure Lobby

Recreation

  • Community Beach Access

Security

  • 24-Hour Security
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,588

Year Built

Built in 1983 | Remodeled

Lot Details

0

HOA Fees

$941 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Reso View: Ocean
  • Water Body Name: Atlantic Ocean
  • ResoSecurityFeatures: 24 Hour Security, Closed Circuit Camera(s), Security Gate, Smoke Detector(s), Secured Lobby
  • Reso Association Amenities: Beach Access, Car Wash Area, Elevator(s), Gated, Maintenance Grounds, Management - Full Time, Management - Off Site, Trash
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Trash
  • ResoSpecialListingConditions: Assessment Seller Pay, Owner Licensed RE
  • Subdivision Name: Islamorada Condo
  • Reso Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Common Area, Accessible Elevator Installed, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Central Living Area, Grip-Accessible Features, Visitor Bathroom
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Reso Property Condition: Updated/Remodeled
  • Financial Info Electric: 200+ Amp Service, 220 Volts
  • 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: 4588.13
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1554.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Lot Size Square Feet2: 2178.0
  • 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: West
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: No
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Number Limit: Yes
  • General Property Information Stories Total: 3
  • Roof Concrete2: Yes
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Interior Features Guest Suite: Yes
  • Pets Allowed Dogs OK: Yes
  • Security Features Closed Circuit Camera(s): Yes
  • Accessory Dwelling Information Dwelling Type: Other
  • Accessory Dwelling Information ADU Attached YN: No
  • Roof Wood3: Yes
  • General Property Information Land Lease YN2: No
  • General Property Information CDD Fee YN: No
  • Architectural Style Traditional: Yes
  • Utilities Water Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Stories2: 1
  • Accessory Dwelling Information Bedrooms: 2
  • Accessory Dwelling Information Square Footage: 1554.0
  • Electric 200 Amp Service: Yes
  • Electric 220 Volts: Yes
  • Security Features 24 Hour Security: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information:Accessory Dwelling Unit YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Entrance Foyer, Guest Suite, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Stories: 1
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Laundry Features:In Unit: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Impact Windows
  • Roof: Concrete, Wood
  • Acres: 0.05
  • Pool Private: No
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Deck, Rear Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Exterior Features:Balcony: Yes
  • Accessibility Features:Grip-Accessible Features: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:Ocean Access: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes
  • Waterfront Features:Ocean Front: Yes
  • Accessibility Features:Accessible Hallway(s): Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Accessibility Features:Accessible Common Area: Yes
  • Accessibility Features:Visitor Bathroom: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Central Living Area: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Accessibility Features:Accessible Kitchen Appliances: Yes
  • Accessibility Features:Central Living Area: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Guest, Off Street, Parking Lot
  • General Property Information:Garage YN: No
  • Parking Features:Guest: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Water Connected
  • Heating: Central, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 940.62
  • Association Fee Frequency: Monthly
  • Association Name: ISLAMORADA CONDO
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: ISLAMORADA CONDO
  • General Property Information:Association Fee: 940.62
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Security: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Beach Access: Yes
  • Association Amenities:Gated2: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4588.13

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
2025 $4,702 $317,490 -- --
2024 $4,588 $308,550 -- --
2023 $4,588 $299,570 $0 $0
2022 $4,259 $290,850 $0 $0
2021 $4,385 $282,380 $0 $0
2020 $4,382 $278,490 $0 $0
2019 $4,324 $272,230 $0 $272,230
2018 $4,393 $269,530 $0 $269,530
2017 $4,342 $269,540 $0 $269,540
2016 $4,484 $234,830 $0 $0
2015 $4,179 $204,200 $0 $0
2014 $3,870 $185,640 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2025 09/14/25 Price Changed $570,000 0.0% $367 / Sq Ft
09/14/2025 09/14/25 For Sale $570,000 +3.6% $367 / Sq Ft
08/22/2025 08/22/25 Off Market $550,000 -- --
04/07/2025 04/07/25 Price Changed $550,000 +4.0% $354 / Sq Ft
02/21/2025 02/21/25 Price Changed $529,000 -2.0% $340 / Sq Ft
01/09/2025 01/09/25 Price Changed $540,000 -6.1% $347 / Sq Ft
11/13/2024 11/13/24 For Sale $575,000 -- $370 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Warranty Deed $445,000 Title Security & Escrow Of C
Warranty Deed $131,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $356,000 No Value Available
Previous Owner $124,400 No Value Available
Source: Public Records

About the Listing Agent

Ruth Murphy

Dale Sorensen Real Estate Inc.

(321) 730-3358

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

MLS Number: 1029453

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00040.0-0001.10