700 Wave Crest Avenue 205, Indialantic, FL 32903 (MLS# 1075584)

(321) 951-0322

(800) 545-5687

738 Malabar Road SE

Palm Bay, FL 32907

Mon-Fri 9:00 am to 5:45 pm

Saturday 10:00 am - 2:00 pm

700 Wave Crest Avenue 205, Indialantic, FL 32903

$514,900

Virtual Tour

https://www.virtualtourcafe.com/mls/10005199

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,451 Lot Size (sq. ft.): 39,204 Status: Active

Current Price: $514,900 List Date: 4/24/2026 Last Modified: 7/12/2026

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. New Whirlpool stainless steel dishwasher, stove and above stove microwave. 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,

Supplements: where unobstructed views of the Atlantic Ocean provide a stunning daily backdrop. 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.

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: 354.86
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. New Whirlpool stainless steel dishwasher, stove and above stove microwave. 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,

Status Change Information

Major Change Timestamp: 2026-06-01T16:54:24Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-01T16:54:24Z
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

Documents

Seller Disclosure ›

Condo Rider ›

Flood Disclosure ›

Listing Office: Endless Summer Real Estate

Last Updated: July - 12 - 2026

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