$1,075,000
Indialantic, FL 32903
MLS# 1032835
Status: Closed
3 beds | 3 baths

1 / 47
Property Description
This luxurious 3 bed 3 bath corner unit is the former model boasting many quality upgrades & located in desirable SOFA. Direct 180-degree panoramic ocean views from wrap around balconies to enjoy front row viewing to dolphin,bird and surf watching, or take a quick 30 sec. walk and be directly on the beach! Huge Chef kitchen includes Wolf gas cooktop, full island with prep sink, Sub Zero fridge, dual bev coolers and large wine cooler. Custom cabinets galore & granite counters complete this dream kitchen. Primary suite offers 2 walk-in closets, separate vanities, huge walk-in shower and a jetted tub. 2nd primary with en suite bath is spacious enough for a king bed to enjoy the ocean views. 3rd BR boasts beautiful wood floors. 2 assigned garage pkg spaces, 2 storage units, 1 climate-controlled. Common amenities include heated pool & spa, gas grill, car wash station, club house and fitness room, all just an elevator ride away. Reserves fully funded & SIRS inspect completed 2023.
Details
Maps
Documents
Contract Information
Unit Type: End Unit
Current Price: $1,075,000
Original List Price: 1175000
Sold Price: $1,075,000
Status: Closed
Listing Contract Date: 2024-12-30
Property Sub Type: Condominium
Currently Not Used
Homestead YN: Yes
Location, Tax, and Legal
Unit Number: 2302
Tax Account: 2745362
Parcel Number: 27-38-31-Eo-00039.0-0001.22
General County Location: South
Elementary School: Indialantic
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 12290.7
Tax Year: 2024
Tax Legal Description: MAGNOLIA KEY CONDO UNIT 2302 MAGNOLIA KEY CONDO AS DESC IN ORB 5621 PG 1655 AND ALL AMENDMENTS THERETO
Directions: Just South of 5th Ave / Hwy 192 off of Miramar (A1A)
General Property Information
Stories Total: 4
Bathrooms Half: 0
Living Area: 2682
Living Area Source: Appraiser
Lot Size Acres: 0.06
Lot Size Square Feet: 2614
Accessibility Features YN: Yes
Association YN: Yes
Association Fee: 1100
New Construction YN: No
Association Fee Frequency: Monthly
Association Name: Magnolia Key
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: Yes
Water Body Name: Atlantic Ocean
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 1
Entry Level: 3
Direction Faces: East
Pool Private YN: Yes
List Price/SqFt: 438.11
Sold Price/SqFt: 400.82
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 2006
Remarks and Miscellaneous
Public Remarks: This luxurious 3 bed 3 bath corner unit is the former model boasting many quality upgrades & located in desirable SOFA. Direct 180-degree panoramic ocean views from wrap around balconies to enjoy front row viewing to dolphin,bird and surf watching, or take a quick 30 sec. walk and be directly on the beach! Huge Chef kitchen includes Wolf gas cooktop, full island with prep sink, Sub Zero fridge, dual bev coolers and large wine cooler. Custom cabinets galore & granite counters complete this dream kitchen. Primary suite offers 2 walk-in closets, separate vanities, huge walk-in shower and a jetted tub. 2nd primary with en suite bath is spacious enough for a king bed to enjoy the ocean views. 3rd BR boasts beautiful wood floors. 2 assigned garage pkg spaces, 2 storage units, 1 climate-controlled. Common amenities include heated pool & spa, gas grill, car wash station, club house and fitness room, all just an elevator ride away. Reserves fully funded & SIRS inspect completed 2023.
Appliances
Convection Oven: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Gas Cooktop: 1
Gas Range: 1
Ice Maker: 1
Microwave: 1
Refrigerator: 1
Tankless Water Heater: 1
Washer: 1
Wine Cooler: 1
Other: 1
Association Amenities
Barbecue: 1
Clubhouse: 1
Elevator(s): 1
Fitness Center: 1
Management - Off Site: 1
Pool: 1
Security: 1
Storage: 1
Trash: 1
Water: 1
Association Fee Includes
Insurance: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Sewer: 1
Trash: 1
Water: 1
Closing Company Details
Closing Company Name: State Title
Closing Company Address: 300 W Fee Ave, Melbourne, FL 32901
Construction Materials
Concrete: 1
Cooling
Central Air: 1
Current Use
Residential: 1
DPR Eligible
DPR Eligible: No
Exterior Features
Balcony: 1
Impact Windows: 1
Fireplace Features
Fireplaces Total: 2
Gas: 1
Flooring
Carpet: 1
Tile: 1
Wood: 1
Green Energy Efficient
Doors: 1
Water Heater: 1
Windows: 1
Green Water Conservation
Efficient Hot Water Distribution: 1
Heating
Central: 1
Electric: 1
Interior Features
Breakfast Bar: 1
Breakfast Nook: 1
Built-in Features: 1
Ceiling Fan(s): 1
Eat-in Kitchen: 1
Guest Suite: 1
His and Hers Closets: 1
In-Law Floorplan: 1
Kitchen Island: 1
Open Floorplan: 1
Pantry: 1
Primary Bathroom -Tub with Separate Shower: 1
Walk-In Closet(s): 1
Legal Details
Permission Granted to Advertise: Yes
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Parking Features
Additional Parking: 1
Assigned: 1
Garage: 1
Secured: 1
Patio And Porch Features
Wrap Around: 1
Pets Allowed
Total Number Of Pets: 2
Cats OK: 1
Dogs OK: 1
Number Limit: 1
Size Limit: 1
Yes: 1
Pool Features
Heated: 1
In Ground: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Roof
Concrete: 1
Other: 1
Security Features
Fire Sprinkler System: 1
Key Card Entry: 1
Secured Lobby: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Spa Features
Community: 1
Heated: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Natural Gas Connected: 1
Water Connected: 1
View
Beach: 1
Ocean: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Property Condition
Updated/Remodeled: 1
Rental Restrictions
1 Year: 1
Room Types
Bedroom 2: 1
Bedroom 2 Level: Main
Bedroom 3: 1
Bedroom 3 Level: Main
Dining Room: 1
Dining Room Level: Main
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Primary Bedroom: 1
Primary Bedroom Level: Main
Location Tax and Legal
Street Number: 505
Street Direction Prefix: S
Street Name: Miramar
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32903
MLS Area Major: 384-Indialantic/Melbourne Beach
Subdivision Name: Magnolia Key Condo
Status Change Information
Major Change Timestamp: 2025-03-10T15:18:55Z
Major Change Type: Status Change
Status Change Timestamp: 2025-03-10
Purchase Contract Date: 2025-02-05
Close Date: 2025-03-06
Close Price: 1075000
Property Features
Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Gas Cooktop; Gas Range; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Washer; Wine Cooler; Other
Association Amenities: Barbecue; Clubhouse; Elevator(s); Fitness Center; Management - Off Site; Pool; Security; Storage; Trash; Water
Association Fee Includes: Insurance; Maintenance Grounds; Maintenance Structure; Trash; Water
Construction Materials: Concrete
Cooling: Central Air
Current Use: Residential
Exterior Features: Balcony; Impact Windows
Fireplace Features: Gas
Flooring: Carpet; Tile; Wood
Green Energy Efficient: Doors; Water Heater; Windows
Green Water Conservation: Efficient Hot Water Distribution
Heating: Central; Electric
Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Guest Suite; His and Hers Closets; In-Law Floorplan; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s)
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Other
Parking Features: Additional Parking; Assigned; Garage; Secured
Patio And Porch Features: Wrap Around
Pets Allowed: Cats OK; Dogs OK; Number Limit; Size Limit; Yes
Pool Features: Heated; In Ground
Possession: Close Of Escrow
Property Condition: Updated/Remodeled
Rental Restrictions: 1 Year
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Concrete; Other
Security Features: Fire Sprinkler System; Key Card Entry; Secured Lobby; Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Spa Features: Community; Heated
Special Listing Conditions: Standard
Utilities: Cable Available; Natural Gas Connected; Water Connected
View: Beach; Ocean
Water Source: Public
Waterfront Features: Ocean Front
Room Types: Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room; Primary Bedroom
Room Information
| Room Name | Level | Length | Length | Width | Width |
| Living Room | Main | 289.00 | 289.00 | 153.00 | 153.00 |
| Dining Room | Main | 134.00 | 134.00 | 138.00 | 138.00 |
| Kitchen | Main | 1810.00 | 1810.00 | 138.00 | 138.00 |
| Primary Bedroom | Main | 254.00 | 254.00 | 16.00 | 16.00 |
| Bedroom 2 | Main | 1311.00 | 1311.00 | 151.00 | 151.00 |
| Bedroom 3 | Main | 124.00 | 124.00 | 144.00 | 144.00 |
Listing Office: RE/MAX Alternative Realty
Last Updated: March - 10 - 2025
Information is deemed to be reliable, but is not guaranteed.

Unit Features and Additional Information