About This Property
Description from listing agentBuild your dream estate in The Cloisters--Indialantic's premier 24-hour guard-gated community. This high + dry .23-acre residential lot offers an exceptional opportunity to create a custom home in one of the most sought-after neighborhoods on the Space Coast. The Cloisters is known for its beautiful tree-lined streets and unmatched security--true 24-hour guard-gated living with a warm, established community feel. Residents enjoy resort-style amenities, including a clubhouse, sparkling community pool, pickleball courts, and tennis courts, making everyday living feel like a vacation. The location is unbeatable--stroll to the beach, bike ride to dining, entertainment, and shopping, and benefit from an A-rated school system. Commuting is easy with quick access to I-95 and Melbourne Orlando International Airport. A rare chance to build exactly what you want in a prime Indialantic location. Amazing opportunity!
Space Coast Context
🚀 Launch Viewing — Good Views
31.3 mi from SLC-40
31.3 miles from SLC-40 — visible on clear days, especially at night.
Estimates only — verify with Google Maps.
Flood Risk
Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.
Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Price History
- 8/23/26Listed$500K
Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: The Cloisters - Advanced Property Management
- Fee: $1,500 / annually
Schools
Elementary
Indialantic
Middle School
Hoover
High School
Melbourne
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $2,634
- Property taxes
- $500
- Insurance & HOA
- $1,650
Based on a 6.90% rate, 30-year loan, and $500K price — down payment shown: $99,980.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
