505 S Miramar Avenue 2403, Indialantic, FL 32903 (MLS# 941827)

505 S Miramar Avenue 2403, Indialantic, FL 32903

$1,025,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/941827

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,064 Lot Size (sq. ft.): 2,614 Status: Closed

Current Price: $1,025,000 List Date: 7/27/2022 Last Modified: 6/15/2026

Overview

Description

Spectacular Penthouse condo now available just South of Fifth Avenue at Indialantic's prestigious Magnolia Key community! Take the elevator to your fully furnished penthouse with breathtaking direct ocean views. This home features new LVP flooring in bedrooms, plantation shutters, office room, a newer AC unit (2020) impact windows, 2 assigned garage parking spaces & a climate-controlled storage room. Enjoy beachside living with easy beach access, walking distance to shops, restaurants & boardwalk. Magnolia Keys has a newer roof & a stunning pool & spa with summer kitchen, indoor gym with new equipment. Property Insurance, water, sewer, trash & pest control is included in HOA. A Car Wash station is conveniently located right outside your building & a foot wash to rinse off the beach sand.

Listing Details MLS# 941827

General Property Information

Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1887
Living Area Source: Other
Building Area Total: 2064
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: 750
Association Fee Frequency: Monthly
Association Name: MAGNOLIA KEY CONDO
Property Use: 04 / CONDOMINIUM UNIT
Water Body Access YN: Yes
Waterfront YN: Yes
Furnished: Furnished
Stories Total: 4
Entry Level: 4
Direction Faces: West
Senior Community YN: No
Pool Private YN: No
List Price/SqFt: 609.43
Sold Price/SqFt: 543.19
Bathrooms Half: 0
Carport Spaces: 0

Property Features

Appliances: Dishwasher; Dryer; Electric Water Heater; Microwave; Refrigerator; Tankless Water Heater; Washer Association Amenities: Barbecue; Car Wash Area; Clubhouse; Elevator(s); Fitness Center; Maintenance Grounds; Maintenance Structure; Management - Full Time; Management - Off Site; Pool; Spa/Hot Tub; Storage Association Fee Includes: Insurance; Security; Trash; Water Construction Materials: Block; Concrete; Stucco Cooling: Central Air; Electric Exterior Features: Balcony Flooring: Tile; Vinyl Heating: Central; Electric Interior Features: Ceiling Fan(s); Eat-in Kitchen; Elevator; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Tub with Shower; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Listing Terms: Cash; Conventional; FHA; VA Loan Parking Features: Assigned; Covered; Garage Door Opener; Guest; Underground Patio And Porch Features: Side Porch Pets Allowed: Size Limit Pool Features: In Ground Possession: Close Of Escrow Water Body Access Type: Community Rental Restrictions: 7 Months Roof: Concrete; Membrane Security Features: Fire Sprinkler System; Secured Lobby; Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Appointment Only; No Sign; Showing Service Spa Features: Bath; In Ground Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected View: Ocean; Water Water Source: Public Waterfront Features: Ocean Access; Ocean Front Room Types: Laundry

Contract Information

Original List Price: 1150000
Listing Contract Date: 2022-07-27
Property Sub Type: Condominium

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: Spectacular Penthouse condo now available just South of Fifth Avenue at Indialantic's prestigious Magnolia Key community! Take the elevator to your fully furnished penthouse with breathtaking direct ocean views. This home features new LVP flooring in bedrooms, plantation shutters, office room, a newer AC unit (2020) impact windows, 2 assigned garage parking spaces & a climate-controlled storage room. Enjoy beachside living with easy beach access, walking distance to shops, restaurants & boardwalk. Magnolia Keys has a newer roof & a stunning pool & spa with summer kitchen, indoor gym with new equipment. Property Insurance, water, sewer, trash & pest control is included in HOA. A Car Wash station is conveniently located right outside your building & a foot wash to rinse off the beach sand.

Status Change Information

Major Change Timestamp: 2022-12-14T22:09:33Z
Major Change Type: Status Change
Status Change Timestamp: 2022-12-14
Purchase Contract Date: 2022-11-04
Close Date: 2022-12-14
Close Price: 1025000

More Information

Closing Company Details

Closing Company Name: Bella Title & Escrow Lee Evans lee@bellatitle.com 321-610-7806
Closing Company Address: 7025 N Wickham Rd #112, Melbourne, FL 32940

Legal Details

Permission Granted to Advertise: Yes
Plat Book #: 3
Plat Book Page: 35

Pets Allowed

Total Number Of Pets: 2
Size Limit: 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: 5472.43
Tax Year: 2021
Tax Legal Description: MAGNOLIA KEY CONDO UNIT 2403 MAGNOLIA KEY CONDO AS DESC IN ORB 5621 PG 1655 AND ALL AMENDMENTS THERETO
Directions: A1A just south of Fifth Ave, building 505 is across from Ninth Ave

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Water Heater: Yes
Microwave: Yes
Refrigerator: Yes
Tankless Water Heater: Yes
Washer: Yes

Association Amenities

Barbecue: Yes
Car Wash Area: Yes
Clubhouse: Yes
Elevator(s): Yes
Fitness Center: Yes
Maintenance Grounds: Yes
Maintenance Structure: Yes
Management - Full Time: Yes
Management - Off Site: Yes
Pool: Yes
Spa/Hot Tub: Yes
Storage: Yes

Association Fee Includes

Insurance: Yes
Security: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Construction Materials

Block: Yes
Concrete: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes

Exterior Features

Balcony: Yes

Flooring

Tile: Yes
Vinyl: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Ceiling Fan(s): Yes
Eat-in Kitchen: Yes
Elevator: Yes
Kitchen Island: Yes
Open Floorplan: Yes
Pantry: Yes
Primary Bathroom - Tub with Shower: Yes
Primary Bathroom -Tub with Separate Shower: Yes
Split Bedrooms: Yes
Walk-In Closet(s): Yes

Listing Terms

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

Parking Features

Assigned: Yes
Covered: Yes
Garage Door Opener: Yes
Guest: Yes
Underground: Yes

Patio And Porch Features

Side Porch: Yes

Pool Features

In Ground: Yes

Possession

Close Of Escrow: Yes

Water Body Access Type

Community: Yes

Roof

Concrete: Yes
Membrane: Yes

Security Features

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

Sewer

Public Sewer: Yes

Spa Features

Bath: Yes
In Ground: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes

View

Ocean: Yes
Water: Yes

Water Source

Public: Yes

Waterfront Features

Ocean Access: Yes
Ocean Front: Yes

Showing Requirements

Appointment Only: Yes
No Sign: Yes
Showing Service: Yes

Rental Restrictions

7 Months: Yes

Room Types

Laundry: Yes

Room Information

Living Room Length: 14.00 Length: 14.00 Width: 15.80 Width: 15.80 Bedroom 2 Length: 11.00 Length: 11.00 Width: 11.80 Width: 11.80 Bedroom 3 Length: 11.00 Length: 11.00 Width: 11.00 Width: 11.00 Dining Room Length: 10.00 Length: 10.00 Width: 15.80 Width: 15.80 Primary Bedroom Length: 13.00 Length: 13.00 Width: 15.80 Width: 15.80 Kitchen Length: 12.00 Length: 12.00 Width: 17.60 Width: 17.60

Listing Office: J. Edwards Real Estate

Last Updated: June - 15 - 2026

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