NOT LISTED FOR SALE

700 Wave Crest Ave Unit 306 Indialantic, FL 32903

Estimated Value: $487,618 - $588,000

3 Beds
2 Baths
1,991 Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: May 14, 2024

Last sale price $475,000 $239 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,073 / mo

42 Days on Market

Highlights

  • Ocean Front
  • Open Floorplan
  • Wood Flooring
  • Indialantic Elementary School Rated A-
  • Midcentury Modern Architecture
  • 1 Fireplace

About This Home

As of May 2024

Wake up watching the sunrise out of the ocean, then wind down the day watching the sunset over the island from multiple balconies. Imagine watching those spectacular morning views from the top floor, south end unit in the desirable SOFA district. Two groceries, shops, restaurants, parks, library-all within one mile. A+ schools. Home was redone in 2019, with engineered wood floors throughout, granite counters, new appliances, including a wine cooler. New air-conditioner (inside & outside units) 2023. New washer/dryer 2022. One car garage included, with brand new garage door opener, plus one outside parking space. Shell Rock wood-burning fireplace. Electric roll-down shutters. The parking lot was refinished a year ago and the entire building has undergone extensive renovations to meet all Milestone inspection criteria by year end. All costs have been paid for!

Last Agent to Sell the Property

Gail Fischer

Dale Sorensen Real Estate Inc. License #460275 Listed on: 04/01/2024

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Elyce Brown PA

Charles Rutenberg Realty License #3074187

Charles Rutenberg Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,755

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • Ocean Front
  • Property fronts a state road
  • North Facing Home

HOA Fees

  • $817 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

  • Ocean
  • Beach

Home Design

  • Midcentury Modern Architecture
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1,991 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • No Tub in Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • 150 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00040.0-0001.18

Community Details

Overview

  • Association fees include cable TV, insurance, water
  • Islamorada Condo Assoc. Association
  • Islamorada Condo Subdivision
  • Maintained Community

Pet Policy

  • Dogs and Cats Allowed
  • Breed Restrictions

Additional Features

  • Elevator
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,755

Year Built

Built in 1983 | Remodeled

Lot Details

2,178 Sq Ft Lot

HOA Fees

$817 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Other
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Reso View: Beach, Ocean
  • Water Body Name: Atlantic Ocean
  • ResoSecurityFeatures: Key Card Entry
  • Reso Association Amenities: Elevator(s), Trash, Water, Management - Off Site
  • Reso Association Fee Includes: Cable TV, Insurance, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Islamorada Condo
  • Architectural Style: Mid-Century Modern
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Financial Info Electric: 150 Amp Service
  • General Property Information Community Fee(s) YN: No
  • General Property Information CDD Fee YN: No
  • Marketing Remarks:Marketing Remarks: Wake up watching the sunrise out of the ocean, then wind down the day watching the sunset over the island from multiple balconies. Imagine watching those spectacular morning views from the top floor, south end unit in the desirable SOFA district. Two groceries, shops, restaurants, parks, library-all within one mile. A+ schools. Home was redone in 2019, with engineered wood floors throughout, granite counters, new appliances, including a wine cooler. New air-conditioner (inside & outside units) 2023. New washer/dryer 2022. One car garage included, with brand new garage door opener, plus one outside parking space. Shell Rock wood-burning fireplace. Electric roll-down shutters. The parking lot was refinished a year ago and the entire building has undergone extensive renovations to meet all Milestone inspection criteria by year end. All costs have been paid for!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub, Guest Suite
  • Flooring: Wood
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Cooler
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 3
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.05
  • Pool Private: No
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Concrete
  • Direction Faces: North
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 817.16
  • Association Fee Frequency: Monthly
  • Association Name: Islamorada Condo Assoc.
  • Association: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-31-Eo-00040.0-0001.18

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2754.74

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 14, 2024
Sold by
Bought by
Seller's Agent
Gail Fischer
Dale Sorensen Real Estate Inc.
Buyer's Agent
Elyce Brown PA
Charles Rutenberg Realty
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Views
32
Current Estimated Value
$556,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,655
Avg. Annual Appreciation
7.85%
Original Mortgage
$323,000
Outstanding Balance
$318,419
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$238,236

Purchase Details

Closed on
Jan 18, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
3.94%

Purchase Details

Closed on
Aug 2, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.03%

Purchase Details

Closed on
Sep 25, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.92%

Purchase Details

Closed on
Jun 24, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
8.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$475,000 State Title Partners
$361,000 State Title Partners Llp
-- Attorney
-- --
$59,500 Alliance Title
$150,000 --
$126,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $323,000
Previous Owner $270,750
Previous Owner $119,000
Previous Owner $120,000
Previous Owner $76,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2024 05/14/24 Sold $475,000 -5.0% $239 / Sq Ft
04/01/2024 04/01/24 For Sale $500,000 +25.0% $251 / Sq Ft
06/17/2019 06/17/19 Sold $400,000 0.0% $201 / Sq Ft View Prior Sale
04/18/2019 04/18/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $400,000 -- $201 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,986 $400,660 -- --
2024 $2,903 $214,750 -- --
2023 $2,903 $208,500 $0 $0
2022 $2,755 $202,430 $0 $0
2021 $2,826 $196,540 $0 $0
2020 $2,820 $193,830 $0 $0
2019 $5,908 $315,650 $0 $315,650
2018 $6,012 $312,530 $0 $312,530
2017 $2,387 $165,770 $0 $0
2016 $2,402 $162,370 $0 $0
2015 $2,478 $161,250 $0 $0
2014 $2,493 $159,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gail Fischer

    Seller's Agent in 2024

    Gail Fischer

    Dale Sorensen Real Estate Inc.

    (321) 863-4399

    74 Total Sales

    Gail Fischer
    Section Image
  • Elyce Brown PA

    Buyer's Agent in 2024

    Elyce Brown PA

    Charles Rutenberg Realty

    (407) 375-3071

    62 Total Sales

    Elyce Brown PA
    Section Image

  • E

    Buyer's Agent in 2024

    Elyce Brown

    Charles Rutenberg Realty

  • D

    Seller's Agent in 2019

    DeWayne Carpenter

    Dale Sorensen Real Estate Inc.

  • K

    Seller Co-Listing Agent in 2019

    Kirk Kessel

    Dale Sorensen Real Estate Inc.

See All Agents

Map

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

MLS Number: 1009463

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00040.0-0001.18

Florida Brevard County Indialantic 32903

700 Wave Crest Ave Unit 306, Indialantic, FL

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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