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$514,900

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,451 Sq. Ft.
  • Updated 9 days ago
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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. 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.

Full Property Details for 700 Wave Crest Ave #205

General

  • Price: $514,900
  • HOA FEE: $883/month
  • Taxes: $0 (2025)
  • Status: Active
  • Type: Condo
  • Source: BrevardCounty
  • MLS ID: 1075584
  • Updated: 6/1/2026
  • Added to Site: 47 day(s) ago

Interior

  • Interior Features: Breakfast Bar, Ceiling Fan(s), Elevator, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s), Wet Bar
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer Stacked
  • Furnishings: Negotiable
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Unit

Additional Information

  • Shared Amenities: Maintenance Structure, Security

Exterior

  • Exterior Features: Balcony, Impact Windows
  • Porch/Patio/Deck: Covered, Front Porch, Rear Porch

Parking

  • Parking Features: Assigned

Location

  • Area: 384-Indialantic/Melbourne Beach
  • County: Brevard
  • Subdivision: Islamorada Condo
  • Driving Directions: South from US192 to left to 700 Wavecrest
  • Direction Faces: West

School Information

  • Elementary School: Indialantic
  • Middle School: Hoover
  • High School: Melbourne

Community

  • Community Features: Maintenance Structure, Security
  • Association: Yes
  • Assoc. Name: Islamorada
  • Assoc. Fees Include: Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water
  • Pets Allowed: Yes
  • Pet Restrictions: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central, Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Block, Concrete, Stucco
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 1,451
  • Living Area: 1,451 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1983

Lot Features

  • Property View: Ocean
  • Lot Size (Acres): 0.9
  • Lot Size (Sq. Ft.): 39,204
  • Lot Features: Zero Lot Line

Water Features

  • Water Front: Yes
  • Water Front Name: Atlantic Ocean

Financial Considerations

  • Price Per Sq. Ft.: $354.86
  • Association Fee: Yes
  • Association Fee: $883
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $.17
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 27-38-31-Eo-00040.0-0001.Xa

Listed by Endless Summer Real Estate

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— 700 Wave Crest Ave #205 —

  • Endless Summer Real Estate

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 700 Wave Crest Ave #205

School District:Brevard County School District
NameGradesDistance
Indialantic Elementary School
1050 Palm Avenue North, Indialantic, FL 32903
K-61.1 mi
Herbert C. Hoover Middle School
2000 Hawk Haven Drive, Indialantic, FL 32903
7-81.2 mi
Melbourne Senior High School
74 Bulldog Boulevard, Melbourne, FL 32901
9-123.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 700 Wave Crest Ave #205 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/01/2026
Price Reduced
$514,900
-1.91%
MLS
4/24/2026
Listed
$524,900
90.87%
MLS
1/16/2015
Sold
$275,000
—
Public Record
Get Price Alerts and Save Property
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 for 700 Wave Crest Ave #205

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,919
3%
$212,280
3%
2024
$2,839
3%
$206,300
3%
2023
$2,759
3%
$200,300
6%
2021
$2,686
3%
$188,810
-3%
2022
$2,620
-2%
$194,470
4%
2021
$2,686
1%
$186,210
4%
2018
$2,648
4%
$178,640
2%
2017
$2,551
-3%
$174,970
-4%
2019
$2,639
3%
$182,030
6%
2016
$2,568
-38%
$171,380
-15%
2015
$4,129
8%
$201,720
10%
2014
$3,824
4%
$183,390
9%
2013
$3,693
—
$167,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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700 Wave Crest Avenue #205, Indialantic, FL 32903 (MLS# 1075584) is a Condo property with 2 bedrooms and 2 full bathrooms. 700 Wave Crest Avenue #205 is currently listed for $514,900 and was received on April 24, 2026. Want to learn more about 700 Wave Crest Avenue #205? 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.

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