700 Wave Crest Avenue 205, Indialantic, FL 32903
Islamorada Condo · Brevard County
Key Facts
Description
Perfectly positioned in Indialantic just south of Fifth Avenue, this exquisitely maintained two-bedroom, two-bathroom direct oceanfront residence captures the essence of elevated coastal living. New Whirlpool stainless steel dishwasher, stove and above stove microwave. Nestled within an intimate 18-unit boutique building, the property has recently completed an impressive $3M structural transformation, including a new roof and impact-rated turtle glass windows--seamlessly blending modern resilience with timeless seaside elegance. All structural inspections and state-mandated assessments have been fully satisfied, with no pending obligations and a secured 10-year certification. Substantial capital improvements are complete, and costly special assessments have been paid in full, offering a rare financial advantage and exceptional peace of mind. Perched on the second floor, the residence features hurricane impact doors that open to a sprawling 30+ foot private terrace, where unobstructed views of the Atlantic Ocean provide a stunning daily backdrop. Ideally located in one of the most coveted enclaves of Brevard County, and just a short stroll to boutique shopping, a public park, and vibrant dining and nightlife, this is coastal luxury redefined.
Property Information
Property Type
Residential
Sub-Type
Condominium
Year Built
1983
Stories
3
Living Area
1,451 sq ft
Lot Size
0.90 acres
MLS® Listing#
1075584
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Parking
Laundry
Patio
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Indialantic
- Middle:
- Hoover
- High:
- Melbourne
Financial Details
HOA
$883 / Monthly
Islamorada
Annual Taxes
$0
Tax year 2025
Parcel Number
27-38-31-Eo-00040.0-0001.Xa
Affordability Calculator
$102,980
Estimated monthly payment
$2,741/mo
Principal $411,920 · Est. interest $574,665 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Indialantic, FL
- $665,517
- Median Listing Price
- 86
- Median Days on Market
- 1,985
- Median Sq Ft
- $353
- Median Price / Sq Ft
- 115
- Active Listings
- This home’s price is 23% below the area median.
- Its price per sq ft is 1% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Indialantic, FL.
Location
Points of Interest in Indialantic, FL
Showing the Indialantic area map.
Nearby Schools
Indialantic Elementary School
Elementary · 1.0 mi away
Hoover Middle School
Secondary · 1.2 mi away
Gemini Elementary School
Elementary · 2.4 mi away
Stone Middle School
Secondary · 2.9 mi away
Our Lady of Lourdes Catholic Church
School · 3.0 mi away
RFM Christian Academy
School · 3.3 mi away
Holy Name of Jesus Catholic School
Secondary · 3.3 mi away
Melbourne High School
Secondary · 3.4 mi away
Holy Trinity Episcopal Academy
School · 3.6 mi away
Brevard Adult & Community Education Melbourne
School · 3.6 mi away
Stepping Stones Charter School
School · 4.1 mi away
West Shore Junior/Senior High School
Secondary · 4.1 mi away
West Shore Pta
School · 4.1 mi away
Liberty High School
Secondary · 4.2 mi away
Palm Bay High School
Secondary · 4.2 mi away
University Park Elementary School
Primary School · 4.3 mi away
Palm Bay Elementary School
Elementary · 4.4 mi away
Space Coast Montessori
Elementary · 4.5 mi away
Bread of Life C Hristian A
School · 4.5 mi away
Florida Bartending School
School · 4.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 284 Intrepid Way, Indialantic, FL | $365,000 | 2 | 2 | 1,275 |
| 3244 Lusitania Lane, Indialantic, FL | $379,000 | 2 | 2 | 1,274 |
| 2925 N Jimmy Buffett Memorial Highway 101, Indialantic, FL | $379,900 | 2 | 2 | 1,065 |
| 211 Avenida De Paz, Indialantic, FL | $405,000 | 3 | 1 | 1,120 |
| 241 Avenida Central, Indialantic, FL | $419,000 | 2 | 2 | 1,238 |
| 2925 N Highway A1a 103, Indialantic, FL | $419,900 | 2 | 2 | 1,033 |
Moving Cost Estimate
EXIT Agents in Indialantic
Listing Courtesy: Endless Summer Real Estate - 3215141660