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$715,000
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Property Description
72 HOUR KICK OUT. This exceptional direct ocean penthouse offers sweeping ocean views from both the main living area and the primary suite. The well-designed 3 bedroom, 2 bath condominium features an open-concept living and dining area enhanced by soaring 9-foot ceilings and crown molding, delivering a light-filled, airy atmosphere. Impact-rated sliding glass doors and windows provide peace of mind while framing breathtaking ocean views. Residents enjoy the convenience and security of two under-building garage parking spaces, a private climate-controlled storage unit, and an impressive suite of amenities including a heated pool, spa, clubhouse, and a fitness center with newly updated equipment. Located within Magnolia Key, the newest condominium in the desirable SOFA District, this well-maintained and secure building offers a low-maintenance, year-round beachfront lifestyle. Situated in the heart of Indialantic, just a short walk or bike ride to fine dining, boutique shopping, and local favorites. Downtown Melbourne is conveniently located just over the causeway, offering an array of dining, entertainment, and cultural experiences.
Full Property Details
Full Property Details for 1 8th Ave #1403
General
- Price: $715,000
- HOA FEE: $1,100/month
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1060532
- Updated: 2/22/2026
- Added to Site: 128 day(s) ago
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s), Other
- Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Car Wash Area, Clubhouse, Elevator(s), Maintenance Grounds, Maintenance Structure, Service Elevator(s), Spa/Hot Tub, Trash, Water, Management - On Site
- Spa: Yes
- Spa Description: Community, Heated, In Ground
- Security/Safety: Smoke Detector(s), Secured Lobby
Exterior
- Exterior Features: Balcony, Impact Windows
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Assigned, Attached, Garage Door Opener, Underground
Location
- Area: 384-Indialantic/Melbourne Beach
- County: Brevard
- Subdivision: Magnolia Key Condo
- Driving Directions: Heading east from I95 on hwy 192 (5th Ave.) to South on A1A (Miramar) to 8th Ave., turn left and enter parking lot to 1 Eighth Ave, which is building 1.
- Direction Faces: West
School Information
- Elementary School: Indialantic
- Middle School: Hoover
- High School: Melbourne
Community
- Community Features: Car Wash Area, Clubhouse, Elevator(s), Maintenance Grounds, Maintenance Structure, Service Elevator(s), Spa/Hot Tub, Trash, Water, Management - On Site
- Association: Yes
- Assoc. Name: Magnolia Key Condo Assoc.
- Assoc. Fees Include: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Trash
- Pets Allowed: Yes
- Pet Restrictions: Breed Restrictions, Number Limit, Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block, Concrete
- Stories/Levels: 1
- Square Feet: 1,684
- Living Area: 1,684 Sq. Ft.
- Current Bldg. Use: Multi-Family
- Year Built: 2006
Lot Features
- Property View: Beach, Ocean
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Features: Other
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Atlantic Ocean
Financial Considerations
- Price Per Sq. Ft.: $424.58
- Association Fee: Yes
- Association Fee: $1,100
- Assoc Fee Freq.: Monthly
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 27-38-31-Eo-00039.0-0001.13
Listed by EXP Realty, LLC
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Price & Sales History for 1 8th Ave #1403
Date
Details
Price
Change
Source
1/19/2026
Price Reduced
$715,000
-1.92%
MLS
10/25/2025
Listed
$729,000
533.91%
MLS
4/20/2017
Sold
$115,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1 8th Ave #1403
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,237
—
$638,260
-2%
2024
$11,274
5%
$652,520
—
2023
$10,730
23%
$652,520
35%
2021
$8,753
-5%
$482,420
-14%
2022
$9,200
5%
$562,440
17%
2021
$8,753
4%
$480,720
4%
2018
$8,420
3%
$461,030
5%
2019
$8,203
9%
$439,170
6%
2017
$7,530
9%
$414,000
17%
2016
$6,919
2%
$353,380
6%
2015
$6,795
3%
$333,380
5%
2014
$6,585
5%
$317,320
8%
2013
$6,292
—
$293,710
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 8th Ave #1403
1 Eighth Avenue #1403, Indialantic, FL 32903 (MLS# 1060532) is a Condo property with 3 bedrooms and 2 full bathrooms. 1 Eighth Avenue #1403 is currently listed for $715,000 and was received on October 25, 2025. Want to learn more about 1 Eighth Avenue #1403? Do you have questions about finding other Condo real estate for sale in Indialantic? You can browse all Indialantic real estate or contact a Coldwell Banker agent to request more information.

