700 Wave Crest Avenue 205 Indialantic FL 32903
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
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