NOT LISTED FOR SALE

700 Wavecrest Ave Unit 202 Indialantic, FL 32903

Estimated Value: $420,780 - $488,000

2 Beds
2 Baths
1,451 Sq Ft
$817/ mo HOA Fee

Last Sold April 15, 2024

Last sale price $450,000 $310 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,599/month

62 Days on Market

Highlights

  • Ocean Front
  • Open Floorplan
  • Corner Lot
  • Indialantic Elementary School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of April 2024

ACCEPTING BACK UP OFFERS! Seller has moved & wants an offer! PRICED BELOW APPRAISED VALUE! Start enjoying your beach lifestyle with instant equity! Upon entering this beautifully updated home you are greeted by the amazing Panoramic Ocean views! This unique home offers an open floor plan perfect for entertaining friends & family. Spacious kitchen boasts granite countertops, an abundance of cabinets, SS appliances, wine rack/bar area & an expansive island. The primary ensuite features a walk-in closet & balcony access where you will spend countless hours enjoying sunrises, launches & views of the beach from your spacious corner-like private balcony. Improvements include a newer HVAC, electrical panel, tankless water heater & impact windows. All major building improvements completed in 2024 with Seller paying upcoming assessment making this a great investment! Located in the highly desirable SOFA neighborhood, is steps away from the beach access and a short walk to beach shops and dini

Last Agent to Sell the Property

Sharyl Tabat

RE/MAX Elite License #3362637 Listed on: 01/19/2024

RE/MAX Elite

Last Buyer's Agent

Linda Jeffreys-Scholle

Denovo Realty License #3389247

Denovo Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $817 Monthly HOA Fees

Property Views

  • Ocean
  • Beach

Home Design

  • Shingle Roof
  • Membrane Roofing
  • Asphalt

Interior Spaces

  • 1,451 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Free Standing Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Parking

  • Guest Parking
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00040.0-0001.08

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure
  • Towers Pm Ryan Marrs Association, Phone Number (321) 733-3382
  • Islamorada Condo Subdivision
  • Maintained Community

Pet Policy

  • 1 Pet Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions

Additional Features

  • Secure Lobby
  • High Impact Windows

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

2,178 Sq Ft Lot

HOA Fees

$817 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Washer Hookup
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Beach, Ocean
  • Water Body Name: Atlantic Ocean
  • ResoSecurityFeatures: Secured Lobby
  • Reso Association Amenities: Maintenance Grounds, Management - Off Site
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Other
  • ResoSpecialListingConditions: Assessment Seller Pay
  • Subdivision Name: Islamorada Condo
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00040.0-0001.08
  • 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 Year2: 2023
  • General Property Information Living Area2: 1451.0
  • 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: Southeast
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 1
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Number Limit: Yes
  • General Property Information Stories Total: 3
  • General Property Information Association Phone: 321-733-3382
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Pets Allowed Dogs OK: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 3
  • View Beach: Yes
  • Marketing Remarks:Marketing Remarks: ACCEPTING BACKUP OFFERS! Seller has moved & wants an offer! PRICED BELOW APPRAISED VALUE! Start enjoying your beach lifestyle with instant equity! Upon entering this beautifully updated home you are greeted by the amazing Panoramic Ocean views! This unique home offers an open floor plan perfect for entertaining friends & family. Spacious kitchen boasts granite countertops, an abundance of cabinets, SS appliances, wine rack/bar area & an expansive island. The primary ensuite features a walk-in closet & balcony access where you will spend countless hours enjoying sunrises, launches & views of the beach from your spacious corner-like private balcony. Improvements include a newer HVAC, electrical panel, tankless water heater & impact windows. All major building improvements completed in 2024 with Seller paying upcoming assessment making this a great investment! Located in the highly desirable SOFA neighborhood, is steps away from the beach access and a short walk to beach shops and dinin
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Wood Burning
  • Fireplaces: 1
  • Stories: 3
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Free Standing: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Balcony, Impact Windows
  • Pool Features: None
  • Roof: Membrane, Shingle, Other
  • Acres: 0.05
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Direction Faces: Southeast
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Assigned, Guest
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, 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: 817.16
  • Association Fee Frequency: Monthly
  • Association Name: Towers PM-Ryan Marrs
  • Phone: 321-733-3382
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Towers PM-Ryan Marrs
  • General Property Information:Association Fee: 817.16
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: 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-00040.0-0001.08
  • 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
Jan 19, 2024
Closed on
Apr 10, 2024
Sold by
Daigler Audrey
Bought by
James Philip Miodek Revocable Trust and Miodek
Seller's Agent
Sharyl Tabat
RE/MAX Elite
Buyer's Agent
Linda Jeffreys-Scholle
Denovo Realty
List Price
$480,000
Sold Price
$450,000
Premium/Discount to List
-$30,000
-6.25%
Views
87
Current Estimated Value
$456,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,695
Avg. Annual Appreciation
0.77%

Purchase Details

Closed on
Sep 30, 2019
Sold by
Cappelli Leo W and Cappelli Laurel A
Bought by
Daigler Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2016
Bought by
Cappelli 2016 Revocable Trust

Purchase Details

Closed on
Apr 4, 2011
Sold by
Jagger Robert F and Jones Maureen
Bought by
Cappelli Leo W and Cappelli Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.92%

Purchase Details

Closed on
Jun 9, 2001
Sold by
Mckee Melissa and Smith Melissa
Bought by
Jagger Robert F and Jones Maureen

Purchase Details

Closed on
May 21, 1999
Sold by
Diesu Patrick and Diesu Patricia
Bought by
Mckee Melissa

Purchase Details

Closed on
Aug 14, 1996
Sold by
Odabashian John and Odabashian Carmen
Bought by
Diesu Patrick and Diesu Patricia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.4%
Source: Public Records
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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
James Philip Miodek Revocable Trust $450,000 Prestige Title Of Brevard
James Philip Miodek Revocable Trust $450,000 Prestige Title Of Brevard
Daigler Audrey $389,000 Bella Title & Escrow Inc
Cappelli 2016 Revocable Trust $100 --
Cappelli Leo W $200,000 Alliance Title Insurance Age
Jagger Robert F $145,000 --
Mckee Melissa $126,500 --
Diesu Patrick -- --
Diesu Patrick -- --
Diesu Patrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daigler Audrey $311,200
Previous Owner Cappelli Leo W $160,000
Previous Owner Diesu Patrick $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $450,000 -6.3% $310 / Sq Ft
03/22/2024 03/22/24 For Sale $480,000 0.0% $331 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $480,000 -5.9% $331 / Sq Ft
02/22/2024 02/22/24 Price Changed $509,900 -6.4% $351 / Sq Ft
01/19/2024 01/19/24 For Sale $545,000 -- $376 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $4,866 $348,550 -- --
2024 $4,746 $322,940 -- --
2023 $4,746 $313,540 $0 $0
2022 $4,480 $304,410 $0 $0
2021 $4,614 $295,550 $0 $295,550
2020 $4,686 $295,550 $0 $295,550
2019 $2,945 $198,040 $0 $0
2018 $2,957 $194,350 $0 $0
2017 $5,058 $266,280 $0 $266,280
2016 $4,430 $231,990 $0 $0
2015 $4,129 $201,720 $0 $0
2014 $3,824 $183,390 $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: 1002509

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00040.0-0001.08

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