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For SaleCondominium
$650K
1 Eighth Avenue #1201, Indialantic, FL 32903
Indialantic neighborhood
Subdivision: Magnolia Key Condo
3
Bedrooms
2
Bathrooms
2,061
Sq Ft
2006
Year Built
$315 /sqft

About This Property

Description from listing agent

Bask in the coastal glow from this sun-kissed 3-bed, 2-bath oceanfront condo, where uninterrupted ocean views pour through eight-foot impact-rated glass doors and a private terrace invites seamless indoor-outdoor living. A spacious, open layout features granite countertops, wood cabinetry, premium appliances, and upscale fixtures throughout. The extra-deep parking spot accommodates a car plus a bike & separate AC storage for all your beach gear, while the Key West-inspired exterior, sparkling pool & spa, natural gas grill, and welcoming clubhouse set the tone for relaxed beachside gatherings. Set in the heart of Indialantic by-the-Sea, Magnolia Key offers one-level living in a boutique, three-building enclave just steps from beach cafes, Fifth Avenue shopping, and cultural gems along Florida's Space Coast—minutes from Melbourne Airport and a quick escape to Orlando or Kennedy Space Center.

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.

Aerospace Commute Guide
L3Harris4.3 mi~10 min
Northrop4.6 mi~10 min
Blue Origin26.4 mi~59 min
Lockheed27.8 mi~1h 2m
SpaceX27.9 mi~1h 2m
Boeing/KSC30.2 mi~1h 7m
KSC30.9 mi~1h 9m

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

Date
Event
Price
  • 7/12/25
    Listed
    $650K
    $315/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

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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.

Additional Details

Lot Size
0.05 acres (2,178 sqft)
Full Baths
2
Garage
1 car (attached)
HOA Fee
$1100/mo
Waterfront
Atlantic Ocean
Days on Market
415
MLS Area
384-Indialantic/Melbourne Beach

Community & HOA

HOA

  • Name: Magnolia Key Condo Association
  • Fee: $1,100 / monthly

Schools

Elementary

Indialantic

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jul 12, 2025
Parcel #
27-38-31-Eo-00039.0-0001.01
$650K

Listing Agent (for property info)

R
Rebecca Craigie
Real Broker, LLC
855-450-0442
Call Listing Agent

Estimated Monthly Payment

$5,325/mo
Principal & interest
$3,425
Property taxes
$650
Insurance & HOA
$1,250

Based on a 6.90% rate, 30-year loan, and $650K price — down payment shown: $130,000.

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.

MLS# 1051519

What's Nearby

restaurants
Beach Side Café
0.2 mi away
coffee shops
Beach Side Café
0.2 mi away
restaurants
Around the World Café
0.2 mi away
coffee shops
Around the World Café
0.2 mi away
restaurants
Starbucks
0.2 mi away
coffee shops
Starbucks
0.2 mi away
restaurants
Surfinista
0.2 mi away
coffee shops
Surfinista
0.2 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1051519 · Listing Broker: Real Broker, LLC · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.