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For SaleCondominium
$560K
2055 Highway A1a #506, Indian Harbour Beach, FL 32937
Indian Harbour Beach neighborhood
Subdivision: Indian Harbour Beach Club Condo
2
Bedrooms
2
Bathrooms
1,302
Sq Ft
1984
Year Built
$430 /sqft

About This Property

Description from listing agent

Discover an exceptional ocean front investment opportunity with this 2-bed, 2-bath oceanfront condo on the fifth floor in Indian Harbour Beach, Florida.. Wake up to breathtaking ocean views, enjoy coastal breezes from your private balcony, and capitalize on the lucrative potential of this sought-after location. Heated pool, shuffle board, grilling area, spacious bedrooms, and direct access to the beach, this condo is the perfect addition to your investment portfolio. Don't miss your chance to own a piece of oceanfront paradise that's primed for financial growth! Concrete restoration will be completed 7/8-12/20/24. Sliding glass doors will be replaced with high wind impact sgd. Assessments have been paid.

Space Coast Context

🚀 Launch Viewing — Good Views

28.7 mi from SLC-40

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

Aerospace Commute Guide
Northrop3 mi~7 min
L3Harris4.6 mi~10 min
Blue Origin22.5 mi~50 min
SpaceX23.8 mi~53 min
Lockheed23.8 mi~53 min
Boeing/KSC26 mi~58 min
KSC26.7 mi~1h

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
  • 10/23/23
    Listed
    $560K
    $430/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
9.8% above median
Median comparable close: $510,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.5% of list price
At that rate, a competitive offer ≈ $534,538
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 comparable sales 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
0.03 acres (1,307 sqft)
Full Baths
2
HOA Fee
$525/mo
Waterfront
Atlantic Ocean
Days on Market
994
MLS Area
382-Satellite Bch/Indian Harbour Bch

Community & HOA

HOA

  • Name: Indian Harbour Beach Club Condo. Assoc.
  • Fee: $525 / monthly

Schools

Elementary

Ocean Breeze

Middle School

Hoover

High School

Satellite

Financial & Listing Details

Listed
Oct 23, 2023
Parcel #
27-37-12-00-00504.8-0000.00
$560K

Listing Agent (for property info)

C
Cindy McGrath
Prime Southern Properties
407-908-6380
Call Listing Agent

Estimated Monthly Payment

$4,184/mo
Principal & interest
$2,949
Property taxes
$560
Insurance & HOA
$675

Based on a 6.90% rate, 30-year loan, and $560K price — down payment shown: $111,950.

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# 978482

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Equal Housing Opportunity

MLS# 978482 · Listing Broker: Prime Southern Properties · 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.