505 S Miramar Avenue 2403, Indialantic, FL 32903 (MLS# 1048608)

505 S Miramar Avenue 2403, Indialantic, FL 32903

$915,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1048608

Virtual Tour

https://www.zillow.com/view-imx/a15b14ef-1661-480e-a7f2-263d90e48c60?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Virtual Renovation ~ Kitchen, Flooring & Furnishings.

Virtual Renovation ~ Kitchen Cabinets, Counters & Floor

Virtual Renovation ~ Flooring & Furnishings.

Virtual Renovation Primary Suite ~ Floor & Furnishings

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,887 Lot Size (sq. ft.): 2,614 Status: Closed

Current Price: $915,000 List Date: 6/10/2025 Last Modified: 4/24/2026

Overview

Description

72 Hour Kick-Out Clause In Place. Penthouse living meets coastal cool in this 2006-built oceanfront 3-bedroom, 2-bath residence, perfectly positioned in the coveted SOFA district—just steps from Fifth Avenue's vibrant dining & shopping scene, including Scott's on Fifth, Skewers, Bizarro's, Starbucks, and Publix. Watch launches from the north and view the rockets as they cruise across the skyline in front of you beyond impact-rated windows & 9-foot ceilings, you'll find sleek LVP and ceramic tile flooring, granite kitchen counters, & a thoughtfully updated interior w/ new AC (2020), tankless gas water heater (2023), & a 2021 roof. Owners enjoy two prized garage parking spaces & a suite of amenities: a resurfaced (2021) pool & spa, gas grill and clubhouse for social gatherings, a fully outfitted fitness center w/ brand-new equipment, & climate-controlled storage for added ease. This top-floor retreat offers not just luxury, but a lifestyle—elevated, effortless, & steps from the sand

Listing Details MLS# 1048608

General Property Information

Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1887
Living Area Source: Public Records
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 Condo Association
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: 2
Direction Faces: West
Senior Community YN: No
Pool Private YN: No
List Price/SqFt: 484.9
Sold Price/SqFt: 484.9
Bathrooms Half: 0

Property Features

Accessibility Features: Accessible Elevator Installed Appliances: Dishwasher; Disposal; Gas Range; Gas Water Heater; Microwave; Refrigerator; Tankless Water Heater Association Amenities: Barbecue; Beach Access; Car Wash Area; Clubhouse; Elevator(s); Fitness Center; Maintenance Grounds; Maintenance Structure; Management - On Site; Pool; Spa/Hot Tub; Storage; Trash; Water Association Fee Includes: Insurance; Maintenance Grounds; Trash; Water Construction Materials: Concrete; Stucco Cooling: Central Air; Electric Current Use: Residential Exterior Features: Balcony; Impact Windows; Storm Shutters Flooring: Tile; Vinyl Heating: Central; Electric Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Central Vacuum; Entrance Foyer; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Few Trees; Sprinklers In Front Parking Features: Attached; Garage; Garage Door Opener; Underground Pets Allowed: Cats OK; Dogs OK; Number Limit; Size Limit; Yes Possession: Close Of Escrow Rental Restrictions: 7 Months Security Features: Secured Lobby Sewer: Public Sewer Showing Requirements: Appointment Only; Lockbox Spa Features: Community; Heated; Private Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected View: Beach; Ocean; Water Water Source: Public Waterfront Features: Deeded Beach Access; Ocean Front Showing Considerations: Occupied

Contract Information

Original List Price: 915000
Listing Contract Date: 2025-06-10
Property Sub Type: Condominium
Unit Type: Penthouse

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: 72 Hour Kick-Out Clause In Place. Penthouse living meets coastal cool in this 2006-built oceanfront 3-bedroom, 2-bath residence, perfectly positioned in the coveted SOFA district—just steps from Fifth Avenue's vibrant dining & shopping scene, including Scott's on Fifth, Skewers, Bizarro's, Starbucks, and Publix. Watch launches from the north and view the rockets as they cruise across the skyline in front of you beyond impact-rated windows & 9-foot ceilings, you'll find sleek LVP and ceramic tile flooring, granite kitchen counters, & a thoughtfully updated interior w/ new AC (2020), tankless gas water heater (2023), & a 2021 roof. Owners enjoy two prized garage parking spaces & a suite of amenities: a resurfaced (2021) pool & spa, gas grill and clubhouse for social gatherings, a fully outfitted fitness center w/ brand-new equipment, & climate-controlled storage for added ease. This top-floor retreat offers not just luxury, but a lifestyle—elevated, effortless, & steps from the sand

Status Change Information

Major Change Timestamp: 2026-02-18T16:03:44Z
Major Change Type: Status Change
Status Change Timestamp: 2026-02-18
Purchase Contract Date: 2025-11-17
Close Date: 2026-02-18
Close Price: 915000

More Information

Closing Company Details

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

DPR Eligible

DPR Eligible: No

Legal Details

Permission Granted to Advertise: No

Pets Allowed

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

Location, Tax, and Legal

Unit Number: 2403
Tax Account: 2745368
Parcel Number: 27-38-31-Eo-00039.0-0001.28
General County Location: South
Elementary School: Indialantic
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 11583.6
Tax Year: 2023
Tax Legal Description: MAGNOLIA KEY CONDO UNIT 2403 MAGNOLIA KEY CONDO AS DESC IN ORB 5621 PG 1655 AND ALL AMENDMENTS THERETO
Directions: Highway A1A N/S to S Miramar Ave

Accessibility Features

Accessible Elevator Installed: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Gas Range: Yes
Gas Water Heater: Yes
Microwave: Yes
Refrigerator: Yes
Tankless Water Heater: Yes

Association Amenities

Barbecue: Yes
Beach Access: Yes
Car Wash Area: Yes
Clubhouse: Yes
Elevator(s): Yes
Fitness Center: Yes
Maintenance Grounds: Yes
Maintenance Structure: Yes
Management - On Site: Yes
Pool: Yes
Spa/Hot Tub: Yes
Storage: Yes
Trash: Yes
Water: Yes

Association Fee Includes

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

Construction Materials

Concrete: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Residential: Yes

Exterior Features

Balcony: Yes
Impact Windows: Yes
Storm Shutters: Yes

Flooring

Tile: Yes
Vinyl: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Breakfast Bar: Yes
Breakfast Nook: Yes
Built-in Features: Yes
Ceiling Fan(s): Yes
Central Vacuum: Yes
Entrance Foyer: Yes
His and Hers Closets: Yes
Kitchen Island: Yes
Open Floorplan: Yes
Pantry: Yes
Primary Bathroom -Tub with Separate Shower: Yes
Split Bedrooms: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet(s): Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Few Trees: Yes
Sprinklers In Front: Yes

Parking Features

Attached: Yes
Garage: Yes
Garage Door Opener: Yes
Underground: Yes

Possession

Close Of Escrow: Yes

Security Features

Secured Lobby: Yes

Sewer

Public Sewer: Yes

Spa Features

Community: Yes
Heated: Yes
Private: Yes

Special Listing Conditions

Standard: Yes

Utilities

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

View

Beach: Yes
Ocean: Yes
Water: Yes

Water Source

Public: Yes

Waterfront Features

Deeded Beach Access: Yes
Ocean Front: Yes

Showing Requirements

Appointment Only: Yes
Lockbox: Yes

Showing Considerations

Occupied: Yes

Rental Restrictions

7 Months: Yes

Listing Office: Compass Florida, LLC

Last Updated: April - 24 - 2026

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