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For SaleCondominium
$579K
700 Wave Crest Avenue #206, Indialantic, FL 32903
Indialantic neighborhood
Subdivision: Islamorada Condo
3
Bedrooms
2
Bathrooms
1,991
Sq Ft
1983
Year Built
$291 /sqft

About This Property

Description from listing agent

Welcome to effortless coastal living in the heart of Indialantic. This fully renovated 3-bedroom, 2-bath ocean-view residence is truly move-in ready offering the rare combination of modern upgrades, prime walkability, and the added benefit of a private garage. Even more valuable all structural inspections and required state-mandated assessments have been completed, there are no pending assessments, and the building holds its 10-year certification. Major improvements are done, and costly special condo assessments have already been satisfied, providing a significant financial advantage and true peace of mind for the next owner. Just steps from Fifth Avenue's beloved cafés, boutiques, and local favorites, this home places you in one of Brevard County's most charming beachside communities. Enjoy ocean views & soothing sounds of waves from your private balcony, your daily reminder that you live where others vacation. *Enjoy 4 Months of HOA Fees paid in full at closing!

Space Coast Context

🚀 Launch Viewing — Good Views

32.8 mi from SLC-40

32.8 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
L3Harris4.4 mi~10 min
Northrop4.7 mi~10 min
Blue Origin26.5 mi~59 min
Lockheed27.9 mi~1h 2m
SpaceX28 mi~1h 2m
Boeing/KSC30.3 mi~1h 8m
KSC31 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
  • 3/2/26
    Listed
    $579K
    $291/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
28.8% above median
Median comparable close: $450,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
92.9% of list price
At that rate, a competitive offer ≈ $538,234
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

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
Stories
3
Garage
1 car
HOA Fee
$883.63/mo
Waterfront
Atlantic Ocean
Days on Market
119
MLS Area
384-Indialantic/Melbourne Beach

Community & HOA

HOA

  • Name: ISLAMORADA CONDO
  • Fee: $883.63 / monthly

Schools

Elementary

Indialantic

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Mar 2, 2026
Parcel #
27-38-31-Eo-00040.0-0001.Xa
$579K

Listing Agent (for property info)

N
Natasha Noemi Lorenzo
One Sotheby's International
321-419-3817
Call Listing Agent

Estimated Monthly Payment

$4,666/mo
Principal & interest
$3,053
Property taxes
$580
Insurance & HOA
$1,034

Based on a 6.90% rate, 30-year loan, and $579K price — down payment shown: $115,900.

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# 1070827

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Equal Housing Opportunity

MLS# 1070827 · Listing Broker: One Sotheby's International · 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.