700 Wave Crest Avenue 205, Indialantic, FL 32903
$524,900
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,451
Lot Size (sq. ft.):
39,204
Status:
Active
Current Price:
$524,900
List Date:
4/24/2026
Last Modified:
5/14/2026
Overview
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.
Supplements:
Listing Details MLS# 1075584
General Property Information
- Bedrooms Total
- 2
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Living Area
- 1451
- Living Area Source
- Appraiser
- Accessibility Features YN
- No
- New Construction YN
- No
- Year Built
- 1983
- Garage YN
- No
- Carport YN
- No
- Lot Size Acres
- 0.9
- Lot Size Square Feet
- 39204
- Association YN
- Yes
- Association Fee
- 883.33
- Association Fee Frequency
- Monthly
- Association Name
- Islamorada
- CDD Fee YN
- No
- Community Fee(s) YN
- No
- Water Body Access YN
- Yes
- Waterfront YN
- Yes
- Water Body Name
- Atlantic Ocean
- Furnished
- Negotiable
- Stories
- Yes
- Stories Total
- 3
- Entry Level
- 2
- Direction Faces
- West
- Senior Community YN
- No
- Pool Private YN
- No
- List Price/SqFt
- 361.75
- Bathrooms Half
- 0
Property Features
Appliances:
Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer/Dryer Stacked
Association Amenities:
Maintenance Structure; Security
Association Fee Includes:
Insurance; Maintenance Grounds; Maintenance Structure; Trash; Water
Construction Materials:
Block; Concrete; Stucco
Cooling:
Central Air
Current Use:
Residential
Exterior Features:
Balcony; Impact Windows
Fireplace Features:
Wood Burning
Flooring:
Carpet; Tile
Heating:
Central; Electric
Interior Features:
Breakfast Bar; Ceiling Fan(s); Elevator; Open Floorplan; Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s); Wet Bar
Laundry Features:
In Unit
Levels:
One
Listing Terms:
Cash; Conventional; FHA; VA Loan
Lot Features:
Zero Lot Line
Parking Features:
Assigned
Patio And Porch Features:
Covered; Front Porch; Rear Porch
Pets Allowed:
Yes
Possession:
Close Of Escrow
Rental Restrictions:
3 Months
Roof:
Shingle
Sewer:
Public Sewer
Showing Requirements:
Appointment Only
Special Listing Conditions:
Standard
Utilities:
Cable Available; Electricity Connected; Sewer Connected; Water Connected
View:
Ocean
Water Source:
Public
Waterfront Features:
Ocean Access; Ocean Front
Contract Information
- Original List Price
- 524900
- Listing Contract Date
- 2026-04-24
- Start Showing Date
- 2026-04-24
- Property Sub Type
- Condominium
- Unit Type
- End Unit
Location Tax and Legal
- Street Number
- 700
- Street Name
- Wave Crest
- Street Suffix
- Avenue
- County
- Brevard
- State
- FL
- Postal Code
- 32903
- MLS Area Major
- 384-Indialantic/Melbourne Beach
- Subdivision Name
- Islamorada Condo
Remarks and Miscellaneous
- Public Remarks
- 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.
Status Change Information
- Major Change Timestamp
- 2026-04-24T15:02:00Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-04-24
More Information
Closing Company Details
- Closing Company Name
- Echelon Title
DPR Eligible
- DPR Eligible
- Yes
Fireplace Features
- Fireplaces Total
- Yes
- Wood Burning
- Yes
Legal Details
- Permission Granted to Advertise
- Yes
Location, Tax, and Legal
- Unit Number
- 205
- Tax Account
- 2731390
- Parcel Number
- 27-38-31-Eo-00040.0-0001.Xa
- General County Location
- South
- Elementary School
- Indialantic
- Middle School
- Hoover
- High School
- Melbourne
- Tax Annual Amount
- 0.17
- Tax Year
- 2025
- Tax Legal Description
- ISLAMORADA CONDO CONDO COMMON AREA ISLAMORADA CONDO AS DESC IN ORB 2278 PG 1924 AND ALL AMENDMENTS THERETO.
- Directions
- South from US192 to left to 700 Wavecrest
Appliances
- Dishwasher
- Yes
- Electric Range
- Yes
- Electric Water Heater
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer/Dryer Stacked
- Yes
Association Amenities
- Maintenance Structure
- Yes
- Security
- Yes
Association Fee Includes
- Insurance
- Yes
- Maintenance Grounds
- Yes
- Maintenance Structure
- Yes
- Trash
- Yes
- Water
- Yes
Construction Materials
- Block
- Yes
- Concrete
- Yes
- Stucco
- Yes
Cooling
- Central Air
- Yes
Current Use
- Residential
- Yes
Exterior Features
- Balcony
- Yes
- Impact Windows
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
Heating
- Central
- Yes
- Electric
- Yes
Interior Features
- Breakfast Bar
- Yes
- Ceiling Fan(s)
- Yes
- Elevator
- Yes
- Open Floorplan
- Yes
- Primary Bathroom - Tub with Shower
- Yes
- Split Bedrooms
- Yes
- Walk-In Closet(s)
- Yes
- Wet Bar
- Yes
Laundry Features
- In Unit
- Yes
Levels
- One
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Lot Features
- Zero Lot Line
- Yes
Parking Features
- Assigned
- Yes
Patio And Porch Features
- Covered
- Yes
- Front Porch
- Yes
- Rear Porch
- Yes
Pets Allowed
- Yes
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Shingle
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
View
- Ocean
- Yes
Water Source
- Public
- Yes
Waterfront Features
- Ocean Access
- Yes
- Ocean Front
- Yes
Showing Requirements
- Appointment Only
- Yes
Rental Restrictions
- 3 Months
- Yes
Seller Disclosure ›
Listing Office:
Endless Summer Real Estate
Last Updated: May - 14 - 2026
Information is deemed to be reliable, but is not guaranteed.