NOT LISTED FOR SALE

700 Wavecrest Ave Unit 306 Indialantic, FL 32903

Estimated Value: $503,000 - $888,000

3 Beds
2 Baths
1,991 Sq Ft
0.92 Acres

Last Sold May 14, 2024

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

Est. 33% increase in value since last sale

Current estimated payment $3,552/month

Highlights

  • 0.92 Acre Lot
  • Community Pool
  • 1 Car Garage
  • Indialantic Elementary School Rated A-

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

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE Listed on: 05/14/2024

STELLAR NON-MEMBER OFFICE

Last Buyer's Agent

Corey Smith

THE C SMITH REAL ESTATE GROUP LLC License #3074055

THE C SMITH REAL ESTATE GROUP LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 1983

Lot Details

  • 0.92

Parking

  • 1 Car Garage

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,991 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 1 / 40
  • Assessor Parcel Number 27 3831-EO-40-1.18

Community Details

Overview

  • Indialantic By Sea Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,903

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 1991
  • Lot Size Acres: 0.92
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 1991
  • Lot Size Sq Ft: 39873
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 184.97
  • Floor Number: 3
  • RATIO Current Price By Calculate: 238.57
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Appliances Included: Other
  • Foundation Details: Other
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 184.97

Exterior Features

  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Other
  • Cooling: Other
  • Heating: Other
  • Laundry Features: Other
  • Sewer: Other

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Association 2 YN: 0
  • Condo Land Included YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: X
  • Parcel Number: 27 3831-EO-40-1.18
  • Additional Parcels: No
  • Flood Zone Code: x

Tax Info

  • Tax Annual Amount: 2902.57
  • Tax Block: 40
  • Tax Book Number: 3-35
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
May 14, 2024
Sold by
Quandt Brion B
Bought by
Pasquis Gisela and Pasquis Frank
Seller's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
Buyer's Agent
Corey Smith
THE C SMITH REAL ESTATE GROUP LLC
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$632,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,430
Avg. Annual Appreciation
18.94%
Original Mortgage
$323,000
Outstanding Balance
$318,419
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$314,011

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jan 18, 2018
Sold by
Grimes Eunice and Grimes Eunice
Bought by
Schaeffer Michael and Schaeffer Tamyra L
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Lynn Burley
Burley Properties
List Price
$399,999
Sold Price
$361,000
Premium/Discount to List
-$38,999
-9.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$270,750
Interest Rate
3.94%

Purchase Details

Closed on
Aug 2, 2007
Sold by
Grimes Eunice
Bought by
Eunice Grimes Rlt

Purchase Details

Closed on
Nov 10, 2004
Sold by
Grimes Eunice and Mcnutt Paula
Bought by
Eunice Grimes Revocable Trust

Purchase Details

Closed on
Oct 24, 2003
Sold by
Grimes Eunice D
Bought by
Grimes Eunice D and Mcnutt Paula E

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
Hoopes Robert D and Hoopes Beth R
Bought by
Grimes Eunice D

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
Stewart Cheryl Hart Nichols and Nichols Cheryl H
Bought by
Hoopes Robert D and Hoopes Beth R

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
Not Available
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
Pasquis Gisela $475,000 State Title Partners
Schaeffer Michael $361,000 State Title Partners Llp
Eunice Grimes Rlt -- Attorney
Eunice Grimes Revocable Trust -- --
Grimes Eunice D $59,500 Alliance Title
Grimes Eunice D $150,000 --
Hoopes Robert D $126,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pasquis Gisela $323,000
Previous Owner Schaeffer Michael $270,750
Previous Owner Grimes Eunice D $119,000
Previous Owner Grimes Eunice D $120,000
Previous Owner Hoopes Robert D $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2024 05/14/24 Sold $475,000 0.0% $239 / Sq Ft
05/14/2024 05/14/24 For Sale $475,000 +31.6% $239 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
01/22/2018 01/22/18 Sold $361,000 -7.2% $181 / Sq Ft View Prior Sale
01/07/2018 01/07/18 Pending -- -- --
11/22/2017 11/22/17 Price Changed $389,000 -2.7% $195 / Sq Ft
10/19/2017 10/19/17 For Sale $399,999 0.0% $201 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $399,999 0.0% $201 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
03/31/2017 03/31/17 Price Changed $399,999 -3.6% $201 / Sq Ft
03/15/2017 03/15/17 Price Changed $415,000 -2.3% $208 / Sq Ft
02/27/2017 02/27/17 For Sale $424,900 -- $213 / Sq Ft
Source: Stellar MLS

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 $2,986 $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

  • C

    Buyer's Agent in 2024

    Corey Smith

    THE C SMITH REAL ESTATE GROUP LLC

    (407) 622-2122

    2 in this area

    516 Total Sales

    Corey Smith
    Section Image
  • Elyce Brown PA

    Buyer Co-Listing Agent in 2024

    Elyce Brown PA

    THE C SMITH REAL ESTATE GROUP LLC

    (407) 375-3071

    5 in this area

    58 Total Sales

    Elyce Brown PA
    Section Image
  • Dave Settgast

    Seller's Agent in 2018

    Dave Settgast

    One Sotheby's International

    (321) 543-1187

    11 in this area

    261 Total Sales

    Dave Settgast
    Section Image
  • Lynn Burley

    Buyer's Agent in 2018

    Lynn Burley

    Burley Properties

    (321) 427-6788

    50 Total Sales

    Lynn Burley
    Section Image
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Map

Source: Stellar MLS

MLS Number: J975826

Stellar MLS

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

Florida Brevard County Indialantic 32903

700 Wavecrest Ave Unit 306, Indialantic, FL

Not Listed for Sale

Condos

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