$460,000
Indialantic, FL 32903
MLS# 737191
Status: Closed
3 beds | 2 baths | 1887 sqft

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Property Description
Appointed w/ designer finishes this oceanfront residence embodies chic elegance with a relaxed modern feel. Gorgeous ocean views are the focus of the spacious floor-plan boasting 9ft ceilings, crown molding & 8ft sliders. 3 bedrooms, 2 bathrooms, a spacious kitchen, a dining room & laundry room are included in the grand total of 1,887± square feet of living area plus an expansive private balcony where you can kick off your shoes and take in the cool breeze of the ocean. A large and welcoming kitchen features wood cabinets, gas appliances, granite, a walk in pantry and an actual vented cook system. The oceanfront master suite flaunts ocean views, walk in closets, double vanities and a separate tub and shower. 2 under building parking spots and an air conditioned storage bay are included.
Details
Maps
Location, Tax, and Legal
Unit Number: 2304
Tax Account: 2745364
Parcel Number: 27-38-31-Eo-00039.0-0001.24
General County Location: South
Elementary School: Indialantic
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 7843.13
Tax Year: 2014
Tax Legal Description: UNIT 2304 MAGNOLIA KEY CONDO AS DESC IN ORB 5621 PG 1655 AND ALL AMENDMENTS THERETO
Directions: A1A, south of 5th Avenue/ Wendys. There are multiple buildings painted the same yellow/style...they each have a different street addresses. This one is 505 Miramar.
General Property Information
Stories Total: 4
Bathrooms Half: 0
Living Area: 1887
Living Area Source: Other
Building Area Total: 1887
Lot Size Acres: 0.06
Lot Size Square Feet: 2614
Association YN: Yes
Association Fee: 1650
New Construction YN: No
Association Fee Frequency: Quarterly
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Carport Spaces: 0
Waterfront YN: Yes
Senior Community YN: No
Water Body Access YN: No
Furnished: Unfurnished
Entry Level: 3
Direction Faces: West
Pool Private YN: No
List Price/SqFt: 251.72
Sold Price/SqFt: 243.77
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 2006
Remarks and Miscellaneous
Public Remarks: Appointed w/ designer finishes this oceanfront residence embodies chic elegance with a relaxed modern feel. Gorgeous ocean views are the focus of the spacious floor-plan boasting 9ft ceilings, crown molding & 8ft sliders. 3 bedrooms, 2 bathrooms, a spacious kitchen, a dining room & laundry room are included in the grand total of 1,887± square feet of living area plus an expansive private balcony where you can kick off your shoes and take in the cool breeze of the ocean. A large and welcoming kitchen features wood cabinets, gas appliances, granite, a walk in pantry and an actual vented cook system. The oceanfront master suite flaunts ocean views, walk in closets, double vanities and a separate tub and shower. 2 under building parking spots and an air conditioned storage bay are included.
Appliances
Dishwasher: 1
Dryer: 1
Gas Range: 1
Gas Water Heater: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Association Amenities
Clubhouse: 1
Fitness Center: 1
Maintenance Grounds: 1
Management - Full Time: 1
Park: 1
Pool: 1
Spa/Hot Tub: 1
Association Fee Includes
Cable TV: 1
Insurance: 1
Pest Control: 1
Trash: 1
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Stucco: 1
Vinyl Siding: 1
Cooling
Central Air: 1
Exterior Features
Balcony: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Interior Features
Breakfast Bar: 1
Ceiling Fan(s): 1
His and Hers Closets: 1
Kitchen Island: 1
Open Floorplan: 1
Pantry: 1
Primary Bathroom - Tub with Shower: 1
Split Bedrooms: 1
Walk-In Closet(s): 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
Assigned: 1
Attached: 1
Underground: 1
Pets Allowed
Cats OK: 1
Dogs OK: 1
Size Limit: 1
Pool Features
In Ground: 1
Possession
Close Of Escrow: 1
Road Surface Type
Asphalt: 1
Roof
Concrete: 1
Security Features
Secured Elevator: 1
Secured Lobby: 1
Sewer
Public Sewer: 1
Spa Features
Bath: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
View
Ocean: 1
Water: 1
Waterfront Features
Ocean Access: 1
Ocean Front: 1
Showing Requirements
Showing Service: 1
Rental Restrictions
7 Months: 1
Contingency Reason
Waiting for Signatures: 1
Other: 1
Room Types
Dining Room: 1
Living Room: 1
Contract Information
Current Price: $460,000
Original List Price: 500000
Sold Price: $460,000
Status: Closed
Listing Contract Date: 2015-10-13
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
Status Change Information
Major Change Timestamp: 2023-11-10T19:04:23Z
Major Change Type: Price Reduced
Price Change Timestamp: 2016-03-17T15:00:10Z
Status Change Timestamp: 2016-05-02
Contingency: Active Under Contract
Purchase Contract Date: 2016-04-07
Close Date: 2016-04-29
Close Price: 460000
Property Features
Appliances: Dishwasher; Dryer; Gas Range; Gas Water Heater; Microwave; Refrigerator; Washer
Association Amenities: Clubhouse; Fitness Center; Maintenance Grounds; Management - Full Time; Park; Pool; Spa/Hot Tub
Association Fee Includes: Cable TV; Insurance; Pest Control; Trash
Construction Materials: Block; Concrete; Frame; Stucco; Vinyl Siding
Cooling: Central Air
Exterior Features: Balcony
Flooring: Carpet; Tile
Heating: Central
Interior Features: Breakfast Bar; Ceiling Fan(s); His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s)
Levels: One
Listing Terms: Cash; Conventional
Parking Features: Assigned; Attached; Underground
Pets Allowed: Cats OK; Dogs OK; Size Limit
Pool Features: In Ground
Possession: Close Of Escrow
Rental Restrictions: 7 Months
Road Surface Type: Asphalt
Roof: Concrete
Security Features: Secured Elevator; Secured Lobby
Sewer: Public Sewer
Showing Requirements: Showing Service
Spa Features: Bath
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Water Available
View: Ocean; Water
Waterfront Features: Ocean Access; Ocean Front
Contingency Reason: Waiting for Signatures; Other
Room Types: Dining Room; Living Room
Supplements
included.
Listing Office: Dale Sorensen Real Estate Inc.
Last Updated: June - 15 - 2026
Information is deemed to be reliable, but is not guaranteed.
