505 S Miramar Avenue 2302, Indialantic, FL 32903 (MLS# 1032835)

505 S Miramar Avenue 2302, Indialantic, FL 32903

$1,075,000

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Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,682 Lot Size (sq. ft.): 2,614 Status: Closed

Current Price: $1,075,000 List Date: 12/30/2024 Last Modified: 4/24/2026

Overview

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.

Listing Details MLS# 1032835

General Property Information

Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Living Area: 2682
Living Area Source: Appraiser
Accessibility Features YN: Yes
New Construction YN: No
Year Built: 2006
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Lot Size Acres: 0.06
Lot Size Square Feet: 2614
Association YN: Yes
Association Fee: 1100
Association Fee Frequency: Monthly
Association Name: Magnolia Key
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Atlantic Ocean
Furnished: Unfurnished
Stories: Yes
Stories Total: 4
Entry Level: 3
Direction Faces: East
Senior Community YN: No
Pool Private YN: Yes
List Price/SqFt: 438.11
Sold Price/SqFt: 400.82
Bathrooms Half: 0

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

Contract Information

Original List Price: 1175000
Listing Contract Date: 2024-12-30
Property Sub Type: Condominium
Unit Type: End Unit

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

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.

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

More Information

Closing Company Details

Closing Company Name: State Title
Closing Company Address: 300 W Fee Ave, Melbourne, FL 32901

DPR Eligible

DPR Eligible: No

Fireplace Features

Fireplaces Total: 2
Gas: Yes

Legal Details

Permission Granted to Advertise: Yes

Pets Allowed

Total Number Of Pets: 2
Cats OK: Yes
Dogs OK: Yes
Number Limit: Yes
Size Limit: Yes
Yes: Yes

Room Types

Bedroom 2 Level: Main
Bedroom 3 Level: Main
Dining Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Primary Bedroom Level: Main
Bedroom 2: Yes
Bedroom 3: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

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)

Appliances

Convection Oven: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Gas Cooktop: Yes
Gas Range: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Tankless Water Heater: Yes
Washer: Yes
Wine Cooler: Yes
Other: Yes

Association Amenities

Barbecue: Yes
Clubhouse: Yes
Elevator(s): Yes
Fitness Center: Yes
Management - Off Site: Yes
Pool: Yes
Security: Yes
Storage: Yes
Trash: Yes
Water: Yes

Association Fee Includes

Insurance: Yes
Maintenance Grounds: Yes
Maintenance Structure: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Construction Materials

Concrete: Yes

Cooling

Central Air: Yes

Current Use

Residential: Yes

Exterior Features

Balcony: Yes
Impact Windows: Yes

Flooring

Carpet: Yes
Tile: Yes
Wood: Yes

Green Energy Efficient

Doors: Yes
Water Heater: Yes
Windows: Yes

Green Water Conservation

Efficient Hot Water Distribution: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Breakfast Bar: Yes
Breakfast Nook: Yes
Built-in Features: Yes
Ceiling Fan(s): Yes
Eat-in Kitchen: Yes
Guest Suite: Yes
His and Hers Closets: Yes
In-Law Floorplan: Yes
Kitchen Island: Yes
Open Floorplan: Yes
Pantry: Yes
Primary Bathroom -Tub with Separate Shower: Yes
Walk-In Closet(s): Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Other: Yes

Parking Features

Additional Parking: Yes
Assigned: Yes
Garage: Yes
Secured: Yes

Patio And Porch Features

Wrap Around: Yes

Pool Features

Heated: Yes
In Ground: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Concrete: Yes
Other: Yes

Security Features

Fire Sprinkler System: Yes
Key Card Entry: Yes
Secured Lobby: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Spa Features

Community: Yes
Heated: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Available: Yes
Natural Gas Connected: Yes
Water Connected: Yes

View

Beach: Yes
Ocean: Yes

Water Source

Public: Yes

Waterfront Features

Ocean Front: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes

Property Condition

Updated/Remodeled: Yes

Rental Restrictions

1 Year: Yes

Room Information

Living Room Level: Main Length: 289.00 Length: 289.00 Width: 153.00 Width: 153.00 Dining Room Level: Main Length: 134.00 Length: 134.00 Width: 138.00 Width: 138.00 Kitchen Level: Main Length: 1810.00 Length: 1810.00 Width: 138.00 Width: 138.00 Primary Bedroom Level: Main Length: 254.00 Length: 254.00 Width: 16.00 Width: 16.00 Bedroom 2 Level: Main Length: 1311.00 Length: 1311.00 Width: 151.00 Width: 151.00 Bedroom 3 Level: Main Length: 124.00 Length: 124.00 Width: 144.00 Width: 144.00

Documents

Unit Features and Additional Information ›

Floorplan ›

Listing Office: RE/MAX Alternative Realty

Last Updated: April - 24 - 2026

Information is deemed to be reliable, but is not guaranteed.

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