$915,000
Indialantic, FL 32903
MLS# 1048608
Status: Closed
3 beds | 2 baths
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Property 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
Details
Maps
Contract Information
Unit Type: Penthouse
Current Price: $915,000
Original List Price: 915000
Sold Price: $915,000
Status: Closed
Listing Contract Date: 2025-06-10
Property Sub Type: Condominium
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
General Property Information
Stories Total: 4
Bathrooms Half: 0
Living Area: 1887
Living Area Source: Public Records
Lot Size Acres: 0.06
Lot Size Square Feet: 2614
Accessibility Features YN: Yes
Association YN: Yes
Association Fee: 1100
New Construction YN: No
Association Fee Frequency: Monthly
Association Name: Magnolia Key Condo Association
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: Yes
Water Body Name: Atlantic Ocean
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 1
Entry Level: 2
Direction Faces: West
Pool Private YN: No
List Price/SqFt: 484.9
Sold Price/SqFt: 484.9
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 2006
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
Accessibility Features
Accessible Elevator Installed: 1
Appliances
Dishwasher: 1
Disposal: 1
Gas Range: 1
Gas Water Heater: 1
Microwave: 1
Refrigerator: 1
Tankless Water Heater: 1
Association Amenities
Barbecue: 1
Beach Access: 1
Car Wash Area: 1
Clubhouse: 1
Elevator(s): 1
Fitness Center: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Management - On Site: 1
Pool: 1
Spa/Hot Tub: 1
Storage: 1
Trash: 1
Water: 1
Association Fee Includes
Insurance: 1
Maintenance Grounds: 1
Sewer: 1
Trash: 1
Water: 1
Closing Company Details
Closing Company Name: State Title Partners
Closing Company Address: 300 Fee Ave., Melbourne FL 32901
Construction Materials
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Residential: 1
DPR Eligible
DPR Eligible: No
Exterior Features
Balcony: 1
Impact Windows: 1
Storm Shutters: 1
Flooring
Tile: 1
Vinyl: 1
Heating
Central: 1
Electric: 1
Interior Features
Breakfast Bar: 1
Breakfast Nook: 1
Built-in Features: 1
Ceiling Fan(s): 1
Central Vacuum: 1
Entrance Foyer: 1
His and Hers Closets: 1
Kitchen Island: 1
Open Floorplan: 1
Pantry: 1
Primary Bathroom -Tub with Separate Shower: 1
Split Bedrooms: 1
Vaulted Ceiling(s): 1
Walk-In Closet(s): 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Legal Details
Permission Granted to Advertise: No
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Few Trees: 1
Sprinklers In Front: 1
Parking Features
Attached: 1
Garage: 1
Garage Door Opener: 1
Underground: 1
Pets Allowed
Total Number Of Pets: 2
Cats OK: 1
Dogs OK: 1
Number Limit: 1
Size Limit: 1
Yes: 1
Possession
Close Of Escrow: 1
Security Features
Secured Lobby: 1
Sewer
Public Sewer: 1
Spa Features
Community: 1
Heated: 1
Private: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Natural Gas Available: 1
Sewer Connected: 1
Water Connected: 1
View
Beach: 1
Ocean: 1
Water: 1
Water Source
Public: 1
Waterfront Features
Deeded Beach Access: 1
Ocean Front: 1
Showing Requirements
Appointment Only: 1
Lockbox: 1
Showing Considerations
Occupied: 1
Rental Restrictions
7 Months: 1
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: 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
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
Listing Office: Compass Florida, LLC
Last Updated: February - 18 - 2026
Information is deemed to be reliable, but is not guaranteed.