NOT LISTED FOR SALE

700 Wavecrest Ave Unit 303 Indialantic, FL 32903

Estimated Value: $348,000 - $502,000

2 Beds
2 Baths
1,556 Sq Ft
$817/mo HOA Fee

Last Sold October 07, 2024

Last sale price $385,000 $247 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,268/month

2 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Deck
  • Indialantic Elementary School Rated A-
  • Open Floorplan
  • Traditional Architecture

About This Home

As of October 2024

Walk into an Atrium filled with colorful plants and trees open to the sky. This top floor condo has an open floor plan that gives you views of the ocean as soon as you enter the foyer. New Hi-impact Turtle Glass Doors lead you to the large 48 foot deck where you can have your morning coffee and/or your evening glass of wine. You can view all the rocket launches from your own balcony.
Only a few blocks to Fifth Ave for your shopping convenience and local Restaurants.

Last Agent to Sell the Property

Carolina Taylor-Tobia

Dale Sorensen Real Estate Inc. License #3192351 Listed on: 09/06/2024

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Carolina Taylor-Tobia

One Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,947

Year Built

  • Built in 1983

Lot Details

  • West Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $817 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Property Views

  • Ocean
  • Beach

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Concrete Siding
  • Stone Veneer

Interior Spaces

  • 1,556 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00040.0-0001.15

Community Details

Overview

  • Association fees include insurance, ground maintenance, pest control, security, trash
  • Islamorada Condominium Association, Inc. Association
  • Islamorada Condo Subdivision
  • Maintained Community

Amenities

  • Elevator

Recreation

  • Community Beach Access

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Building Fire Alarm
  • High Impact Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,947

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
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Reso View: Beach, Ocean
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Fire Alarm, Security Gate, Security Lights, Smoke Detector(s)
  • Reso Association Amenities: Beach Access, Elevator(s), Maintenance Grounds, Management - Full Time, Security, Trash
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Pest Control, Security, Trash
  • ResoSpecialListingConditions: Assessment Seller Pay
  • Subdivision Name: Islamorada Condo
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Financial Info Electric: 150 Amp Service
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00040.0-0001.15
  • 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: 1946.73
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1556.0
  • 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: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): 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 Cats OK: Yes
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Living Room: Yes
  • General Property Information Stories Total: 3
  • ViewOcean: Yes
  • Interior Features Guest Suite: Yes
  • Pets Allowed Dogs OK: Yes
  • Utilities Sewer Connected: Yes
  • Security Features Fire Alarm: Yes
  • Security Features Security Lights: Yes
  • Room Types Bedroom 2 Level: Main
  • General Property Information CDD Fee YN: No
  • Architectural Style Traditional: Yes
  • Association Amenities Security2: Yes
  • Security Features Carbon Monoxide Detector(s): Yes
  • Room Types Primary Bedroom Level: Main
  • General Property Information Stories2: 1
  • View Beach: Yes
  • Electric 150 Amp Service: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Entrance Foyer, Guest Suite, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Stories: 1
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Electric Oven: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Laundry Features:In Unit: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Impact Windows
  • Pool Features: None
  • Roof: Shingle, Other
  • Acres: 0.05
  • Waterfront: No
  • Construction Type: Concrete, Stone Veneer
  • Direction Faces: West
  • Patio And Porch Features: Deck
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Deck: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Construction Materials:Stone Veneer: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage, Guest, Parking Lot
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Available
  • 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: Islamorada Condominium Association, Inc.
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Islamorada Condominium Association, Inc.
  • General Property Information:Association Fee: 817.16
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Security: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Beach Access: Yes
  • Association Fee Includes:Maintenance Grounds: 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-00040.0-0001.15
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1946.73

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 7, 2024
Sold by
Schneck Gene R
Bought by
Weir Corbin
Seller's Agent
Carolina Taylor-Tobia
Dale Sorensen Real Estate Inc.
Buyer's Agent
Carolina Taylor-Tobia
Dale Sorensen Real Estate Inc.
List Price
$400,000
Sold Price
$385,000
Premium/Discount to List
-$15,000
-3.75%
Views
10
Current Estimated Value
$435,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,816
Avg. Annual Appreciation
10.79%

Purchase Details

Closed on
Dec 30, 1993
Sold by
Kilduff Virginia
Bought by
Schneck Gene R and Schneck Betty Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.09%
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
Weir Corbin $385,000 Supreme Title Solutions
Schneck Gene R $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schneck Gene R $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2024 10/07/24 Sold $385,000 -3.8% $247 / Sq Ft
09/06/2024 09/06/24 For Sale $400,000 -- $257 / 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
2025 $2,008 $377,840 -- --
2024 $1,947 $153,490 -- --
2023 $1,947 $149,020 $0 $0
2022 $1,786 $144,680 $0 $0
2021 $1,823 $140,470 $0 $0
2020 $1,815 $138,540 $0 $0
2019 $1,782 $135,430 $0 $0
2018 $1,784 $132,910 $0 $0
2017 $1,717 $130,180 $0 $0
2016 $1,724 $127,510 $0 $0
2015 $1,777 $126,630 $0 $0
2014 $1,785 $125,630 $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: 1024144

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00040.0-0001.15