DIRECT OCEANFRONT-SHORT-TERM RENTAL FLEXIBILITY, PRIV. 2-CAR GARAGE, & EXCEPTIONAL INCOME POTENTIAL. Seller will pay 12 months of HOA dues at closing ($13,800 value)! Own a piece of paradise in the heart of Indialantic located in an intimate 8-unit boutique community. Offering breathtaking Atlantic Ocean views, 3 bedroom, 2 bath, a private 2-car garage, and the ability to rent short-term, this property presents a rare opportunity for investors, second-home buyers, or those seeking full-time beachfront living. Spanning over 2,000 square feet, this spacious multi-level condominium features a unique townhome-style floor plan designed to maximize both privacy and views. The open-concept living area is filled with natural light and flows seamlessly onto an oversized covered oceanfront balcony, creating the perfect setting for morning coffee, entertaining guests, or simply enjoying the sights and sounds of the ocean. The beautifully renovated kitchen showcases white cabinetry, granite countertops, stainless steel appliances, and a large center island overlooking the living and dining areas. Tile flooring throughout the main living spaces provides both durability and easy maintenance. The spacious primary suite features stunning ocean views and a private sitting area, while the guest accommodations offer comfort and privacy, including access to a west-facing balcony ideal for enjoying Florida's spectacular sunsets. For investors, the income potential is substantial. A comparable 2-bedroom unit within the building currently generates approximately $70,000 to $80,000 annually in gross rental income. Given this residence's larger floor plan, additional bedroom, and strong appeal to larger families and groups, there is significant potential for even greater rental performance. Current ownership has limited rental availability through personal usage and occupancy restrictions, creating considerable upside opportunity for future owners. Additional features include impact-rated sliding glass doors, ample storage space, and future reservations that may provide immediate income opportunities. Recent building improvements include a new roof in 2023 and exterior paint and stucco restoration completed in 2018. Ideally located near restaurants, shopping, entertainment, and local attractions, this exceptional oceanfront property combines lifestyle, flexibility, and investment potential in one of Indialantic's most desirable beachside locations. Whether you're searching for a high-performing vacation rental, a luxury coastal retreat, or your forever home by the sea, this rare offering delivers it all.
88 days
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400
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22
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Zillow last checked:
Listing updated:
Listed by:
Cindy McGrath407-908-6380,
Prime Southern Properties,
Wendy F Barwick321-750-8866,
Prime Southern Properties
Source: Space Coast AOR,MLS#: 1075679
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Heating
Central
Cooling
Central Air
Appliances
Included: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Freezer, Microwave, Refrigerator, Washer
Laundry: In Unit
Features
Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
Flooring: Tile
Has fireplace: Yes
Fireplace features: Electric
Furnished: Yes
Interior area
Total interior livable area: 2,000 sqft
Property
Parking
Total spaces: 2
Parking features: Assigned, Detached, Garage, Garage Door Opener
Garage spaces: 2
Features
Levels: Two
Stories: 2
Patio & porch: Front Porch, Rear Porch
Exterior features: Balcony, Storm Shutters
Has view: Yes
View description: Beach, Ocean
Has water view: Yes
Water view: Beach,Ocean
Waterfront features: Ocean Access, Ocean Front
Body of water: Atlantic Ocean
Lot
Size: 3,920 Square Feet
Features: Sprinklers In Rear
Details
Additional parcels included: 2715389
Parcel number: 2737130000754.50000.00
Special conditions: Standard
Construction
Type & style
Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes
Materials
Block, Concrete, Stucco
Roof: Tile
Condition
New construction: No
Year built: 1980
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
Subdivision: The Club Residences Condo
HOA
Has HOA: Yes
Amenities included: Beach Access, Maintenance Grounds, Management - Off Site, Pool
Services included: Cable TV, Insurance, Maintenance Grounds, Pest Control, Sewer, Trash, Water
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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