NOT LISTED FOR SALE

700 Wavecrest Ave Unit 302 Indialantic, FL 32903

Estimated Value: $448,177 - $525,000

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

Last Sold June 20, 2024

Last sale price $528,500 $364 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,622/month

72 Days on Market

Highlights

  • Ocean Front
  • Gated Community
  • Corner Lot
  • Indialantic Elementary School Rated A-
  • Open Floorplan
  • Elevator

About This Home

As of June 2024

This 2-bedroom, 2-bathroom condo on the third floor offers not just a home but a lifestyle. With its custom interior, panoramic ocean views, and convenient location. Kitchen boasts exotic Brazilian granite countertops, semi-precious geode blue Amethyst backsplash and work island. Primary suite features a spacious walk-in closet, balcony access and a custom made ensuite bath. One of the standout features of this residence is the panoramic ocean views that greet you from the private balcony. This outdoor oasis offers a tranquil space to savor your morning coffee or unwind with a glass of wine and watch the rocket launches. The unit comes with a highly desirable private one-car garage featuring an epoxy floor. Other features include impact windows, newer HVAC and wood burning fireplace. With just a few steps to the beach access, you can enjoy the sun, sea, and sand with ease. Conveniently located near shopping and dining.

Last Agent to Sell the Property

Sharyl Tabat

RE/MAX Elite License #3362637 Listed on: 03/08/2024

RE/MAX Elite

Last Buyer's Agent

Sharyl Tabat

RE/MAX Elite License #3362637 Listed on: 03/08/2024

RE/MAX Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,779

Year Built

  • Built in 1983

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $817 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Home Design

  • Shingle Roof
  • Membrane Roofing
  • Concrete Siding
  • Stone Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 1,451 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Wood Burning Fireplace
  • Tile Flooring
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • No Tub in Bathroom
  • Shower Only

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • 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-00040.0-0001.14

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure
  • Towers Mgmt Ryann Marrs Association
  • Islamorada Condo Subdivision
  • Maintained Community

Amenities

  • Elevator
  • Secure Lobby

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed
  • Breed Restrictions

Security

  • Gated Community
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,779

Year Built

Built in 1983

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: Electric Dryer Hookup, In Unit, Washer Hookup
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Ocean
  • Water Body Name: Atlantic Ocean
  • ResoSecurityFeatures: Secured Lobby
  • Reso Association Amenities: Elevator(s), Gated, Maintenance Grounds, Management - Off Site
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Other
  • ResoSpecialListingConditions: Assessment Seller Pay
  • Subdivision Name: Islamorada Condo
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00040.0-0001.14
  • 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: 2778.94
  • Location Tax and Legal Tax Year2: 2022
  • 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 Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • 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
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 1
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Number Limit: Yes
  • General Property Information Stories Total: 3
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 3
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Marketing Remarks:Marketing Remarks: This 2-bedroom, 2-bathroom condo on the third floor offers not just a home but a lifestyle. With its custom interior, panoramic ocean views, and convenient location. Kitchen boasts exotic Brazilian granite countertops, semi-precious geode blue Amethyst backsplash and work island. Primary suite features a spacious walk-in closet, balcony access and a custom made ensuite bath. One of the standout features of this residence is the panoramic ocean views that greet you from the private balcony. This outdoor oasis offers a tranquil space to savor your morning coffee or unwind with a glass of wine and watch the rocket launches. The unit comes with a highly desirable private one-car garage featuring an epoxy floor. Other features include impact windows, newer HVAC and wood burning fireplace. With just a few steps to the beach access, you can enjoy the sun, sea, and sand with ease. Conveniently located near shopping and dining.
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Features, Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Electric Oven, Microwave, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Stories: 3
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: 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

Exterior Features

  • Exterior Features: Balcony, Impact Windows
  • Pool Features: None
  • Roof: Membrane, Shingle, Other
  • Acres: 0.05
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Concrete, Stone, Stucco, Other
  • Direction Faces: Southeast
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Construction Materials:Stone2: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes
  • Construction Materials:Other15: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Detached, Garage, Garage Door Opener, Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Detached: 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 Mgmt-Ryann Marrs
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Towers Mgmt-Ryann Marrs
  • General Property Information:Association Fee: 817.16
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Elevator(s): 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
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-31-Eo-00040.0-0001.14
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2778.94

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Jun 20, 2024
Sold by
Ursula E Olazabal Trust and Olazabal Ursula E
Bought by
Oliveira Anarkali and Cherry Michael Jay
Seller's Agent
Sharyl Tabat
RE/MAX Elite
Buyer's Agent
Sharyl Tabat
RE/MAX Elite
List Price
$550,000
Sold Price
$528,500
Premium/Discount to List
-$21,500
-3.91%
Views
49
Current Estimated Value
$489,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,956
Avg. Annual Appreciation
-4.31%

Purchase Details

Closed on
Dec 11, 2020
Sold by
Olazabal Ursula E
Bought by
Olazabal Ursula E and Ursula E Olazabal Trust

Purchase Details

Closed on
Mar 12, 2011
Sold by
Olazabal Lydia
Bought by
Olazabal Ursula

Purchase Details

Closed on
May 26, 2010
Sold by
Cox William A and Cox Laura
Bought by
Olazabal Lydia

Purchase Details

Closed on
Nov 17, 2009
Sold by
Edmonds Robert J and Robert J Edmonds Revocable Tru
Bought by
Cox William A and Cox Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Interest Rate
5.05%

Purchase Details

Closed on
Oct 9, 2009
Sold by
Edmonds Robert J and Robert J Edmonds Revocable Tru
Bought by
Cox William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Interest Rate
5.05%
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
Oliveira Anarkali $528,500 Prestige Title
Oliveira Anarkali $528,500 Prestige Title
Olazabal Ursula E -- Accommodation
Olazabal Ursula -- None Available
Olazabal Lydia $225,000 State Title Partners Llp
Cox William A -- Aurora Title
Cox William A $203,000 Aurora Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cox William A $152,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2024 06/20/24 Sold $528,500 -2.7% $364 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
04/28/2024 04/28/24 Price Changed $542,900 -1.3% $374 / Sq Ft
03/08/2024 03/08/24 For Sale $550,000 -- $379 / 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 $3,090 $367,260 -- --
2024 $3,007 $215,740 -- --
2023 $3,007 $209,460 $0 $0
2022 $2,779 $203,360 $0 $0
2021 $2,851 $197,440 $0 $0
2020 $2,846 $194,720 $0 $0
2019 $2,803 $190,350 $0 $0
2018 $2,813 $186,810 $0 $0
2017 $2,711 $182,970 $0 $0
2016 $2,730 $179,210 $0 $0
2015 $2,817 $177,970 $0 $0
2014 $2,836 $176,560 $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: 1006062

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00040.0-0001.14

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