About This Property
Description from listing agentThis exceptional direct ocean penthouse offers sweeping ocean views from both the main living area and the primary suite. The well-designed 3 bedroom, 2 bath condominium features an open-concept living and dining area enhanced by soaring 9-foot ceilings and crown molding, delivering a light-filled, airy atmosphere. Impact-rated sliding glass doors and windows provide peace of mind while framing breathtaking ocean views. Residents enjoy the convenience and security of two under-building garage parking spaces, a private climate-controlled storage unit, and an impressive suite of amenities including a heated pool, spa, clubhouse, and a fitness center with newly updated equipment. Located within Magnolia Key, the newest condominium in the desirable SOFA District, this well-maintained and secure building offers a low-maintenance, year-round beachfront lifestyle. Situated in the heart of Indialantic,
Space Coast Context
🚀 Launch Viewing — Good Views
32.7 mi from SLC-40
32.7 miles from SLC-40 — visible on clear days, especially at night.
Estimates only — verify with Google Maps.
Flood Risk
Flood zone data not yet available for this listing. Check FEMA Flood Map
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Price History
- 10/25/25Listed$715K$425/sqft
Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.
Offer Intelligence
Based on 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)
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 (single family, condo, townhouse, etc.)
- ✓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 ±20% of list price
- ✓Square footage within ±10–20% (tighter in early tiers)
- ✓Year built always within ±5–15 years (never dropped)
We search in tiers — starting with the same subdivision, then the same neighborhood, then the same zip code (up to 5 miles). Year built is always required so comps are from the same era of construction. We never search city-wide. Sales within the last 90 days are weighted 2× in the median to reflect current market conditions.
This is the same analysis a local agent performs by hand — done automatically on every listing.
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
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Community & HOA
HOA
- Name: Magnolia Key Condo Assoc.
- Fee: $1,100 / monthly
Schools
Elementary
Indialantic
Middle School
Hoover
High School
Melbourne
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $3,767
- Property taxes
- $715
- Insurance & HOA
- $1,250
Based on a 6.90% rate, 30-year loan, and $715K price — down payment shown: $143,000.
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.
