700 Wave Crest Avenue 205 Indialantic FL 32903

Price Reduction - Waterfront
Price Reduction - Waterfront
Address
700 Wave Crest Avenue 205, Indialantic, FL
Price
$ 514,900
Property Attributes
  • MLS#1075584
  • TypeCondos
  • Listing Status Active
  • CountyBrevard
  • CityIndialantic
  • AreaIndialantic-Melbourne Beach
  • NeighborhoodIslamorada Condo
  • Zip32903
  • StyleCondominium
  • Year Built1983
  • Price$ 514,900
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1451
  • Lot Size0.9 Acres
Data Source:
Space Coast AOR
Property 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. 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.

Elementary School Middle School High School
Indialantic Elementary School Hoover Middle School Melbourne High School
Price History
4/24/2026 Listed $524,900
6/1/2026 2$514,900

General Features

Living Area 1451
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Cable Available,Electricity Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer/Dryer Stacked
HOA Fee 883.33
Association Fee Includes Insurance,Maintenance Grounds,Maintenance Structure,Trash,Water
Patio/Porch Features Covered,Front Porch,Rear Porch
Construction Materials Block,Concrete,Stucco
Pets Allowed Yes
Year Built 1983
View Ocean
Stories Count 1
Levels One
Unit Number 205
Property Subtype Condominium
Tax Year 2025
Current Use Residential
Waterfront Features Ocean Access,Ocean Front
Additional Parcels Description 2731390
Assoc Fee Paid Per Monthly
County Brevard
New Construction false
Property Type Residential
Association Amenities Maintenance Structure,Security
HOA true
Attached Garage false
Subdivision Name Islamorada Condo
Facing Direction West
Garage Y/N false
Full Baths 2
Status Active
Directions South from US192 to left to 700 Wavecrest
High School Melbourne
City Indialantic
Body of Water Atlantic Ocean
Association Name Islamorada
Senior Community Y/N false
MLS Area 384-Indialantic/Melbourne Beach
Lot Size Units Acres
Lot Size Square Feet 39204
Carport Y/N false
Elementary School Indialantic
Tax Annual Amount 0.17
Middle/Junior High School Hoover
MLS Area Minor 384-Indialantic/Melbourne Beach
Virtual Tour https://www.virtualtourcafe.com/mls/10005199
Standard Status Active
Legal Description ISLAMORADA CONDO CONDO COMMON AREA ISLAMORADA CONDO AS DESC IN ORB 2278 PG 1924 AND ALL AMENDMENTS THERETO.

Interior Features

Interior Amenities Breakfast Bar,Ceiling Fan(s),Elevator,Open Floorplan,Primary Bathroom - Tub with Shower,Split Bedrooms,Walk-In Closet(s),Wet Bar
Flooring Carpet,Tile
Furnished Y/N Negotiable
Total Fireplaces 1
Fireplace Features Wood Burning
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features In Unit
Total Bedrooms 2
Entry Level 2
LivingAreaSource Appraiser
Total Baths 2

Exterior Features

Exterior Amenities Balcony,Impact Windows
Parking Features Assigned
Lot Features Zero Lot Line
Water Source Public
Lot Size Area 0.9
Lot Size Acres 0.9
Waterfront Y/N true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 32903

Price
AVG $490K
$510K
Year Built
AVG 1993
1983

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