$524,900
Indialantic, FL 32903
MLS# 1075584
2 beds | 2 baths
1 / 35
Property 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.
Details
Maps
Documents
Contract Information
Start Showing Date: 2026-04-24
Unit Type: End Unit
Current Price: $524,900
Original List Price: 524900
List Price: $524,900
Status: Active
Listing Contract Date: 2026-04-24
Property Sub Type: Condominium
Location, Tax, and Legal
Unit Number: 205
Tax Account: 2739606
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
General Property Information
Stories Total: 3
Bathrooms Half: 0
Living Area: 1451
Living Area Source: Appraiser
Lot Size Acres: 0.9
Lot Size Square Feet: 39204
Accessibility Features YN: No
Association YN: Yes
Association Fee: 883.33
New Construction YN: No
Association Fee Frequency: Monthly
Association Name: Islamorada
Garage YN: No
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: Yes
Furnished: Negotiable
Stories: 1
Entry Level: 2
Direction Faces: West
Pool Private YN: No
List Price/SqFt: 361.75
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 1983
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.
Appliances
Dishwasher: 1
Electric Range: 1
Electric Water Heater: 1
Microwave: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Association Amenities
Maintenance Structure: 1
Security: 1
Association Fee Includes
Insurance: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Trash: 1
Water: 1
Closing Company Details
Closing Company Name: Echelon Title
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Residential: 1
Exterior Features
Balcony: 1
Impact Windows: 1
Fireplace Features
Fireplaces Total: 1
Wood Burning: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Electric: 1
Interior Features
Breakfast Bar: 1
Ceiling Fan(s): 1
Elevator: 1
Open Floorplan: 1
Primary Bathroom - Tub with Shower: 1
Split Bedrooms: 1
Walk-In Closet(s): 1
Wet Bar: 1
Laundry Features
In Unit: 1
Legal Details
Permission Granted to Advertise: Yes
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Zero Lot Line: 1
Parking Features
Assigned: 1
Patio And Porch Features
Covered: 1
Front Porch: 1
Rear Porch: 1
Pets Allowed
Yes: 1
Possession
Close Of Escrow: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
View
Ocean: 1
Water Source
Public: 1
Waterfront Features
Ocean Access: 1
Ocean Front: 1
Showing Requirements
Appointment Only: 1
Rental Restrictions
3 Months: 1
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
Status Change Information
Major Change Timestamp: 2026-04-24T15:02:00Z
Major Change Type: New Listing
Status Change Timestamp: 2026-04-24
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
Supplements
Ideally located in one of the most coveted enclaves of Brevard County, and just a short stroll to boutique shopping, a public park, and vibrant dining and nightlife, this is coastal luxury redefined.
Seller Disclosure 
Listing Office: Endless Summer Real Estate
Last Updated: April - 24 - 2026
Information is deemed to be reliable, but is not guaranteed.