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For sale
  • Price cut: $10K (6/1)
    $514,900

    700 Wavecrest Ave APT 205, Indialantic, FL 32903

    2beds
    1,451sqft
    : 
    $4,229/mo
    Get pre-qualified
    Condominium
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $355/sqft
    $883/mo HOA

    What's special

    New roofImpact-rated turtle glass windowsHurricane impact doors
    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.
    90 days
    |
    453
    |
    20
    |

    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: $355/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

        $2,995/mo

        Price history

        DateEventPrice
        6/1/2026Price change$514,900-1.9%$355/sqft
        Source: Space Coast AOR #1075584 Report a problem
        4/24/2026Listed for sale$524,900+90.9%$362/sqft
        Source: Space Coast AOR #1075584 Report a problem
        1/16/2015Sold$275,000-7.1%$190/sqft
        Source: Space Coast AOR #697299 Report a problem
        5/21/2014Listed for sale$296,000+150.8%$204/sqft
        Source: Prudential Sterling Properties #697299 Report a problem
        4/8/2014Listing removed$1,900$1/sqft
        Source: Prudential Sterling Properties #687125 Report a problem
        1/21/2014Listed for rent$1,900+18.8%$1/sqft
        Source: Prudential Sterling Properties #687125 Report a problem
        8/9/2012Listing removed$1,600$1/sqft
        Source: Sterling Properties of Melbourne, Inc. DBA Prudential Sterling Properties #636867 Report a problem
        6/19/2012Price change$1,600-15.8%$1/sqft
        Source: Sterling Properties of Melbourne, Inc. DBA Prudential Sterling Properties #636867 Report a problem
        3/24/2012Listed for rent$1,900$1/sqft
        Source: Sterling Properties of Melbourne, Inc. DBA Prudential Sterling Properties #636867 Report a problem
        12/18/1997Sold$118,000+5.8%$81/sqft
        Source: Public Record Report a problem
        7/26/1996Sold$111,500$77/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32903

        Getting around

        55 / 100
        Somewhat Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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