NOT LISTED FOR SALE

700 Wavecrest Ave Unit 203 Indialantic, FL 32903

Estimated Value: $493,000 - $596,000

2 Beds
2 Baths
1,554 Sq Ft
$545/mo HOA Fee

Last Sold June 01, 2022

Last sale price $648,000 $417 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,105/month

54 Days on Market

Highlights

  • Ocean Front
  • Open Floorplan
  • 1 Car Attached Garage
  • Indialantic Elementary School Rated A-
  • Breakfast Area or Nook
  • Wet Bar

About This Home

As of June 2022

Walk in the double door entry of this Islamorada direct oceanfront condo and fall in love with the incredible views of sunrises and endless sandy beaches! New primary flat roof replaced in 2020. New railings and resurfaced decks should be completed by April 2022. Huge 44 ft private balcony over ocean is perfect for relaxing and has 3 sets of updated impact glass sliders. Many updates inside with chefs kitchen that boasts Hondouros mahogany accent cabinets, S/S appliances and breakfast bar. Wet bar and rock fireplace. Updated baths. Master suite has impact glass slider to balcony. The beach is deeper here than in a lot of other areas. Live like you are on vacation everyday! Location is the best, walk to many restaurants and shops in a matter of minutes on 5th Ave. Private 1 car garage.

Last Agent to Sell the Property

Laura Dowling-Roy

Premier Properties Real Estate License #662285 Listed on: 03/08/2022

Last Buyer's Agent

Laura Dowling-Roy

Premier Properties Real Estate License #662285 Listed on: 03/08/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,538

Year Built

  • Built in 1983

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,554 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00040.0-0001.09

Community Details

Overview

  • Association fees include insurance
  • Islamorada Condo Association
  • Islamorada Condo Subdivision
  • Maintained Community

Pet Policy

  • Call for details about the types of pets allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,538

Year Built

Built in 1983

Lot Details

0

HOA Fees

$545 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: Water
  • Reso Association Amenities: Elevator(s), Maintenance Grounds, Maintenance Structure, Management - Full Time
  • Reso Association Fee Includes: Insurance
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Islamorada Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00040.0-0001.09
  • 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: 1538.17
  • Location Tax and Legal Tax Year2: 2021
  • 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
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: 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
  • General Property Information Carport YN2: No
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • Waterfront Features Waterfront Community: Yes
  • General Property Information Stories Total: 3
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Elevator, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Other
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: 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
  • Interior Features:Wet Bar: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Pool Features: None
  • Roof: Membrane, Shingle
  • Acres: 0.05
  • Waterfront Features: Ocean Access, Ocean Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: 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: 545.0
  • 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: 545.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Elevator(s): Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-31-Eo-00040.0-0001.09
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1538.17

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
May 31, 2022
Sold by
Dickson Eddie L
Bought by
Twaskas Nancy
Seller's Agent
Laura Dowling-Roy
Premier Properties Real Estate
Buyer's Agent
Laura Dowling-Roy
Premier Properties Real Estate
List Price
$699,000
Sold Price
$648,000
Premium/Discount to List
-$51,000
-7.3%
Current Estimated Value
$557,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,244
Avg. Annual Appreciation
-4.08%

Purchase Details

Closed on
Jan 26, 1996
Sold by
Wilson Larry E and Wilson Linda S
Bought by
Dickson Eddie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Twaskas Nancy $648,000 None Listed On Document
Dickson Eddie L $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dickson Eddie L $106,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Sold $648,000 0.0% $417 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/26/2022 04/26/22 Price Changed $648,000 -7.3% $417 / Sq Ft
03/08/2022 03/08/22 For Sale $699,000 0.0% $450 / Sq Ft
12/01/2017 12/01/17 Rented $2,400 0.0% --
11/14/2017 11/14/17 Price Changed $2,400 -4.0% $2 / Sq Ft
10/18/2017 10/18/17 For Rent $2,500 -- --
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
2025 $7,766 $352,840 -- --
2024 $8,312 $443,980 -- --
2023 $8,312 $470,890 $0 $470,890
2022 $7,290 $428,100 $0 $0
2021 $1,538 $124,720 $0 $0
2020 $1,530 $123,000 $0 $0
2019 $1,500 $120,240 $0 $0
2018 $1,499 $118,000 $0 $0
2017 $1,442 $115,580 $0 $0
2016 $1,446 $113,210 $0 $0
2015 $1,489 $112,430 $0 $0
2014 $1,495 $111,540 $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: 928866

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00040.0-0001.09