$462,500
SOLD JUL 1, 2024

700 Wave Crest Ave Unit 206 Indialantic, FL 32903

Melbourne Beach Neighborhood
3 Beds
2 Baths
1,991 Sq Ft
$817/mo HOA Fee

Recently Sold

$232 Per Sq Ft

16% Below List Price

171 Days on Market

Highlights

  • Ocean Front
  • Open Floorplan
  • Eat-In Kitchen
  • Indialantic Elementary School Rated A-
  • Balcony
  • Walk-In Closet

About This Home

As of July 2024

Indulge in oceanfront living just 300ft from the beach in the Islamorada Condos. This inviting condo boasts impact windows with Turtle Glass, a wood-burning fireplace, and new ductwork for comfort. The great room, bathed in natural light, reveals partial ocean views. A spacious island kitchen with granite countertops and luxury vinyl plank flooring throughout adds a touch of elegance. The owner's suite offers a private balcony and a lavish walk-in shower. Two additional bedrooms feature the same chic flooring. With a 2-minute drive to 5th Ave shopping and dining, this coastal retreat is a perfect blend of comfort and convenience.

Last Agent to Sell the Property

DeWayne Carpenter

Compass Florida, LLC License #644362 Listed on: 12/08/2023

Compass Florida, LLC

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,817

Year Built

  • Built in 1983

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $817 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,991 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Vinyl Flooring
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00040.0-0001.12

Community Details

Overview

  • Association fees include cable TV, insurance, security, water
  • Towers Mgmt; Ryanmtowersmgmt.Com Association
  • Islamorada Condo Subdivision
  • Maintained Community

Amenities

  • Secure Lobby

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,817

Year Built

Built in 1983

Lot Details

0

HOA Fees

$817 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Other
  • Reso View: Ocean, Water
  • Water Body Name: Atlantic Ocean
  • ResoSecurityFeatures: Secured Lobby
  • Reso Association Amenities: Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Trash, Water
  • Reso Association Fee Includes: Cable TV, Insurance, Security, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Islamorada Condo
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • ViewOcean: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Flooring: Vinyl
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • Stories: 1
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.05
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Other21: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage Door Opener, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Other26: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 817.0
  • Association Fee Frequency: Monthly
  • Association Name: Towers Mgmt; RyanMtowersmgmt.com
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Towers Mgmt; RyanMtowersmgmt.com
  • General Property Information:Association Fee: 817.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Security: Yes
  • Association Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2731391
  • Parcel #: 27-38-31-Eo-00040.0-0001.12
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jul 1, 2024
Sold by
Cynthia Tiffany Revocable Living Trust and Tiffany Cynthia
Bought by
Daquila Francis
Seller's Agent
DeWayne Carpenter
Compass Florida, LLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$550,000
Sold Price
$462,500
Premium/Discount to List
-$87,500
-15.91%
Total Days on Market
171
Views
113
Current Estimated Value
$513,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,659
Avg. Annual Appreciation
11.82%

Purchase Details

Closed on
May 10, 2021
Sold by
Trame Ralph J and Trame Cathy D
Bought by
Tiffany Cynthia and Tiffany Cynthia Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2020
Closed on
Apr 2, 2020
Sold by
Crocker Arthur and Crocker Pamela
Bought by
Trame Ralph J and Trame Cathy D
Seller's Agent
Gary Hanbaum
Pyramid Group R.E. Services
Buyer's Agent
Carolina Taylor-Tobia
One Sotheby's International
List Price
$378,900
Sold Price
$315,000
Premium/Discount to List
-$63,900
-16.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%

Purchase Details

Closed on
May 13, 2004
Sold by
Toepler Robert L and Toepler Margie
Bought by
Crocker Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
5.88%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 17, 2004
Sold by
Florio Mike and Florio Mary A
Bought by
Toepler Robert L and Toepler Margie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
5.88%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 24, 2002
Sold by
Adams Richard M
Bought by
Florio Mike and Florio Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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 $462,500 None Listed On Document
Warranty Deed $415,000 Prestige Ttl Of Brevard Llc
Warranty Deed $315,000 Attorney
Warranty Deed $319,000 --
Warranty Deed $250,000 --
Warranty Deed $176,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 New Conventional
Previous Owner $257,000 New Conventional
Previous Owner $260,000 Unknown
Previous Owner $255,200 Stand Alone First
Previous Owner $140,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $462,500 -7.5% $232 / Sq Ft
05/15/2024 05/15/24 Price Changed $500,000 -2.0% $251 / Sq Ft
02/23/2024 02/23/24 Price Changed $510,000 -2.9% $256 / Sq Ft
02/08/2024 02/08/24 Price Changed $525,000 -4.5% $264 / Sq Ft
12/08/2023 12/08/23 For Sale $550,000 +74.6% $276 / Sq Ft
04/02/2020 04/02/20 Sold $315,000 -14.2% $158 / Sq Ft
03/28/2020 03/28/20 Pending -- -- --
03/24/2020 03/24/20 Price Changed $367,000 -3.1% $184 / Sq Ft
03/23/2020 03/23/20 For Sale $378,900 0.0% $190 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
02/21/2020 02/21/20 Price Changed $378,900 -2.8% $190 / Sq Ft
01/15/2020 01/15/20 For Sale $389,900 -- $196 / 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 $8,817 $499,680 $0 $499,680
2022 $7,741 $454,730 $0 $0
2021 $5,808 $319,300 $0 $319,300
2020 $5,897 $319,160 $0 $319,160
2019 $2,451 $171,420 $0 $0
2018 $2,458 $168,230 $0 $0
2017 $2,369 $164,770 $0 $0
2016 $2,383 $161,390 $0 $0
2015 $2,458 $160,270 $0 $0
2014 $2,473 $159,000 $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: 982002

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00040.0-0001.12