Perfectly positioned in Indialantic just south of Fifth Avenue, this exquisitely maintained two-bedroom, two-bathroom direct oceanfront residence captures the essence of elevated coastal living. New Whirlpool stainless steel dishwasher, stove and above stove microwave. Nestled within an intimate 18-unit boutique building, the property has recently completed an impressive $3M structural transformation, including a new roof and impact-rated turtle glass windows--seamlessly blending modern resilience with timeless seaside elegance.
All structural inspections and state-mandated assessments have been fully satisfied, with no pending obligations and a secured 10-year certification. Substantial capital improvements are complete, and costly special assessments have been paid in full, offering a rare financial advantage and exceptional peace of mind. Perched on the second floor, the residence features hurricane impact doors that open to a sprawling 30+ foot private terrace, where unobstructed views of the Atlantic Ocean provide a stunning daily backdrop. Ideally located in one of the most coveted enclaves of Brevard County, and just a short stroll to boutique shopping, a public park, and vibrant dining and nightlife, this is coastal luxury redefined.
For sale
Price cut: $5K (8/11)
$509,900
700 Wavecrest Ave APT 205, Indialantic, FL 32903
2beds
1,451sqft
Condominium
Built in 1983
-- sqft lot
$-- Zestimate®
$351/sqft
$883/mo HOA
What's special
New roofImpact-rated turtle glass windowsHurricane impact doors
- 136 days
- 467
- 25
Zillow last checked:
Listing updated:
Listed by:
Ryan Malone 321-514-1660,
Endless Summer Real Estate
Source: Space Coast AOR,MLS#: 1075584
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer Stacked
- Laundry: In Unit
Features
- Breakfast Bar, Ceiling Fan(s), Elevator, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s), Wet Bar
- Flooring: Carpet, Tile
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 1,451 sqft
Video & virtual tour
Property
Parking
- Parking features: Assigned
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Rear Porch
- Exterior features: Balcony, Impact Windows
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Access, Ocean Front
- Body of water: Atlantic Ocean
Lot
- Size: 0.9 Acres
- Features: Zero Lot Line
Details
- Additional parcels included: 2731390
- Parcel number: 273831Eo00040.00001.Xa
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Islamorada Condo
HOA
- Has HOA: Yes
- Amenities included: Maintenance Structure, Security
- Services included: Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water
- HOA fee: $883 monthly
- HOA name: Islamorada
Location
- Region: Indialantic
Financial & listing details
- Price per square foot: $351/sqft
- Tax assessed value: $348,550
- Date on market: 4/24/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$3,373/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $509,900-1%$351/sqft |
Source: Space Coast AOR #1075584 Report a problem | ||
| 6/1/2026 | Price change | $514,900-1.9%$355/sqft |
Source: Space Coast AOR #1075584 Report a problem | ||
| 4/24/2026 | Listed for sale | $524,900+90.9%$362/sqft |
Source: Space Coast AOR #1075584 Report a problem | ||
| 1/16/2015 | Sold | $275,000-7.1%$190/sqft |
Source: Space Coast AOR #697299 Report a problem | ||
| 5/21/2014 | Listed for sale | $296,000+150.8%$204/sqft |
Source: Prudential Sterling Properties #697299 Report a problem | ||
| 4/8/2014 | Listing removed | $1,900$1/sqft |
Source: Prudential Sterling Properties #687125 Report a problem | ||
| 1/21/2014 | Listed for rent | $1,900+18.8%$1/sqft |
Source: Prudential Sterling Properties #687125 Report a problem | ||
| 8/9/2012 | Listing removed | $1,600$1/sqft |
Source: Sterling Properties of Melbourne, Inc. DBA Prudential Sterling Properties #636867 Report a problem | ||
| 6/19/2012 | Price change | $1,600-15.8%$1/sqft |
Source: Sterling Properties of Melbourne, Inc. DBA Prudential Sterling Properties #636867 Report a problem | ||
| 3/24/2012 | Listed for rent | $1,900$1/sqft |
Source: Sterling Properties of Melbourne, Inc. DBA Prudential Sterling Properties #636867 Report a problem | ||
| 12/18/1997 | Sold | $118,000+5.8%$81/sqft |
Source: Public Record Report a problem | ||
| 7/26/1996 | Sold | $111,500$77/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,973 +4.7% | $212,280 +2.9% |
| 2024 | $2,839 +2.9% | $206,300 +3% |
| 2023 | $2,759 +5.3% | $200,300 +3% |
| 2022 | $2,620 -2.5% | $194,470 +3% |
| 2021 | $2,686 +0.2% | $188,810 +1.4% |
| 2020 | $2,681 +1.6% | $186,210 +2.3% |
| 2019 | $2,639 | $182,030 +1.9% |
| 2018 | $2,639 -0.3% | $178,640 +2.1% |
| 2017 | $2,648 +3.8% | $174,970 +2.1% |
| 2016 | $2,551 -0.6% | $171,380 -15% |
| 2015 | $2,568 -32.8% | $201,720 +10% |
| 2014 | $3,824 | $183,390 |
| 2013 | -- | $183,390 |
| 2012 | $3,327 +9.7% | -- |
| 2011 | $3,032 +8.5% | -- |
| 2010 | $2,794 -14.9% | -- |
| 2009 | $3,281 -18.1% | -- |
| 2008 | $4,007 -34.2% | -- |
| 2007 | $6,088 +118.7% | -- |
| 2005 | $2,784 +1.6% | -- |
| 2004 | $2,741 -4% | -- |
| 2003 | $2,856 +25.7% | -- |
| 2002 | $2,272 +14.7% | -- |
| 2001 | $1,980 +5.4% | -- |
| 2000 | $1,879 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32903
Nearby schools
Schools provided by the listing agent
- Elementary: Indialantic
- Middle: Hoover
- High: Melbourne
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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