1200 Magnolia Drive, Indialantic, FL 32903

$600,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,500 Lot Size (sq. ft.): 19,166 Status: Closed
Current Price: $600,000 List Date: 5/14/2025 Last Modified: 4/23/2026

Overview

Description

Situated in the sought-after SOFA District—just between Ocean and Fifth—this property presents a rare opportunity to either completely renovate or start anew with a custom build. The true value lies in the expansive land, surrounded by other custom estate homes on generous lots. Located just half a block from Orlando Park and a short stroll to the beach, it offers a peaceful, non-through street setting within a beautiful residential enclave. Enjoy close proximity to the Melbourne Causeway, as well as an array of shops and dining options, making this an ideal location to bring your vision to life. Whether you envision a modern coastal retreat or a timeless estate, this prime parcel offers endless potential in one of the area's most desirable neighborhoods. With its unbeatable combination of location, lot size, and surrounding custom homes, this is a rare chance to create something truly exceptional just moments from the sand, sea, and vibrant heart of the community.

Listing Details MLS# 1046147

General Property Information

Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Living Area
1500
Living Area Source
Public Records
Accessibility Features YN
No
New Construction YN
No
Year Built
1955
Garage YN
Yes
Garage Spaces
2
Carport YN
No
Lot Size Acres
0.44
Lot Size Square Feet
19166
Association YN
No
CDD Fee YN
No
Community Fee(s) YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Stories
Yes
Direction Faces
East
Senior Community YN
No
Pool Private YN
No
List Price/SqFt
400
Sold Price/SqFt
400
Bathrooms Half
0

Property Features

Appliances: Electric Range; Refrigerator Construction Materials: Concrete; Stucco Cooling: Central Air Current Use: Residential Heating: Central Levels: One Listing Terms: Cash; Conventional Lot Features: Few Trees Parking Features: Attached; Garage Possession: Close Of Escrow Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Electricity Connected; Water Connected Water Source: Public

Contract Information

Original List Price
600000
Listing Contract Date
2025-05-14
Property Sub Type
Single Family Residence

Location Tax and Legal

Street Number
1200
Street Name
Magnolia
Street Suffix
Drive
County
Brevard
State
FL
Postal Code
32903
MLS Area Major
384-Indialantic/Melbourne Beach
Subdivision Name
Indialantic By The Sea

Remarks and Miscellaneous

Public Remarks
Situated in the sought-after SOFA District—just between Ocean and Fifth—this property presents a rare opportunity to either completely renovate or start anew with a custom build. The true value lies in the expansive land, surrounded by other custom estate homes on generous lots. Located just half a block from Orlando Park and a short stroll to the beach, it offers a peaceful, non-through street setting within a beautiful residential enclave. Enjoy close proximity to the Melbourne Causeway, as well as an array of shops and dining options, making this an ideal location to bring your vision to life. Whether you envision a modern coastal retreat or a timeless estate, this prime parcel offers endless potential in one of the area's most desirable neighborhoods. With its unbeatable combination of location, lot size, and surrounding custom homes, this is a rare chance to create something truly exceptional just moments from the sand, sea, and vibrant heart of the community.

Status Change Information

Major Change Timestamp
2025-06-27T20:25:50Z
Major Change Type
Status Change
Status Change Timestamp
2025-06-27
Purchase Contract Date
2025-05-14
Close Date
2025-06-27
Close Price
600000

More Information

DPR Eligible

DPR Eligible
Yes

Legal Details

Permission Granted to Advertise
No

Location, Tax, and Legal

Tax Account
2846709
Parcel Number
28-38-06-Es-00069.0-0017.01
General County Location
South
Elementary School
Indialantic
Middle School
Hoover
High School
Melbourne
Tax Annual Amount
8065.45
Tax Year
2022
Tax Legal Description
INDIALANTIC BY THE SEA S 1/2 OF LOT 17 & ALL LOT 16 BLK 69
Directions
Highway A1A N/S to Miami Ave Turn West on Miami Ave Turn right on Magnolia Dr.

Appliances

Electric Range
Yes
Refrigerator
Yes

Construction Materials

Concrete
Yes
Stucco
Yes

Cooling

Central Air
Yes

Current Use

Residential
Yes

Heating

Central
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Few Trees
Yes

Parking Features

Attached
Yes
Garage
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Electricity Connected
Yes
Water Connected
Yes

Water Source

Public
Yes
Listing Office: Compass Florida LLC
Last Updated: April - 23 - 2026
Information is deemed to be reliable, but is not guaranteed.