Living in Florida's Space Coast
ISLAMORADA CONDO
Islamorada Condo is the condo building in Indialantic where $450,000 was the median across three closed sales in the last twelve months, four of four properties front the Atlantic, and the association runs about $912 a month. Built 1983.
Islamorada Condo In Indialantic, Florida
Islamorada Condo sits in Indialantic, in the 32903 zip code, on Wave Crest. Over the last twelve months three of the four properties I tracked here actually closed, at a $450,000 median.
The housing stock is 4 condos, built 1983. Sizes are consistent enough that the comparable sales here read cleanly.
Sellers closed at about 90 percent of original list, one of the softer ratios on the beachside. That usually means listings started high and cut more than once, not that buyers are stealing anything.
four of the four properties front the Atlantic, so water is the default here rather than the upgrade. What moves price is the condition of the seawall, the dock and the lift, and none of that shows in the photos.
Islamorada Condo At A Glance
Every figure below comes from the last twelve months of Indialantic market data for this neighborhood. Nothing here is an estimate.
| Detail | What you get |
|---|---|
| Housing type | 4 condos, mostly one story |
| Home size range | Roughly 1,451 to 1,991 square feet, median about 1,503 |
| Bedrooms and baths | two to three bedrooms, two baths |
| Lot size | 0.05 to 0.90 acres, median about 0.05 |
| Year built | 1983, median 1983 |
| Median sold price | $450,000 over the last twelve months |
| Sold price range | $420,000 to $570,000 |
| Price per square foot | About $286 median |
| HOA dues | $912 median a month, reported on 4 of 4 listings |
| Waterfront | 4 of 4, on the Atlantic |
| Private pools | None reported on the four recent listings |
| Garage | 1 of 4 listings reported a garage |
| Property tax | About $1,171 median annual, ranging widely with assessment history |
| Days on market | 119 days median, at about 90 percent of original asking price |
| Location | Indialantic, 32903 |
Islamorada Condo Costs, Honestly
The line items that decide what this actually costs you, beyond the purchase price.
Insurance And Flood
Get the quote firstEvery address on this island is underwritten on its own elevation certificate, roof age and opening protection. Two properties on the same street can be thousands apart a year. I get you a real quote inside the inspection period, before the payment you are picturing becomes the payment you are stuck with.
The Seawall And The Dock
The item people forgetA seawall has a lifespan and replacing one is a five figure job. So is a dock, a lift and the electrical that runs them. On a property where the association may or may not own that structure, that question gets answered in writing before you go hard on a deposit.
The Tax Bill Resets
About $1,171 median todayThat is what the current owners pay, not what you will. Florida caps annual assessment increases for homesteaded owners and the cap resets on sale, so on a property somebody has held fifteen years your first bill can land materially higher. I run the reset number before you write.
Real Negotiating Room
About 90 percent of original listA 119 day median with closings near 90 percent of the original asking price. That is a genuine gap and it is where a prepared buyer makes money.
Islamorada Condo Features
Waterfront Is Standard
4 of the 4 properties front the Atlantic. Verify the seawall condition, the dock permit and the actual depth at low tide before you rely on a listing photo.
Association On Record
A median of $912 a month across 4 of the 4 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Mostly Single Story
4 of the 4 listings reporting stories were one level, typical of when this was platted.
Original Era Housing
Median year built is 1983. Roof age, wiring and plumbing are the three things that decide both your insurance quote and your first five years of budget.
Minutes To The Ocean
The Melbourne Causeway lands right here, so downtown Melbourne is five minutes west and the sand is two minutes east.
Sits On The Market
Median days on market was 119. Longer market time is where your negotiating room comes from, and it is also worth asking why one specific property has been sitting.
Homes For Sale In Islamorada Condo
Every active Islamorada Condo listing, straight from the MLS and updated as it changes.
Islamorada Condo Frequently Asked Questions
What do homes sell for in Islamorada Condo?
The median closed price over the last twelve months was $450,000 across three sales, ranging $420,000 to $570,000. Median price per square foot was $286.
Does Islamorada Condo have an HOA?
Yes. The median reported association fee is $912 a month, on 4 of the 4 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
Is Islamorada Condo waterfront?
4 of the 4 properties front the Atlantic. Which water it is changes the price, and on canal or river frontage the seawall, the dock permit and the low tide depth all need checking before you rely on the photos.
Can you negotiate on price in Islamorada Condo?
Sellers closed at about 90 percent of original list over the last year. That is softer than most of the beachside, which usually means listings started high rather than that buyers are getting bargains. I price the offer off the specific comparable sales, not the neighborhood average.
What are property taxes like in Islamorada Condo?
The median bill on record is about $1,171, but that is what the current owners pay. Florida caps annual assessment increases for homesteaded owners and the cap resets when the property sells, so your first bill can be materially higher. I run the reset number before you write an offer.
What is the buying process like in Islamorada Condo?
I pull the closed comparable sales for the specific street, get a real wind and flood quote inside the inspection period, run the tax reset so the monthly payment you are picturing is the one you will actually have, and read whatever association or deed documents apply. Then we write. Call me at (321) 212-7676.
Indialantic, 32903
Islamorada Condo sits in Indialantic, in the 32903 zip code, on Wave Crest. The Melbourne Causeway lands here, so downtown Melbourne is five minutes west and the sand is two minutes east.
The town is small and layered. Oceanfront towers line A1A, 1950s and 1960s platted streets sit behind them, and pockets of larger homes with deep water sit on the river side. Those three markets are within a few blocks of each other and price nothing alike.
Near Islamorada Condo In Indialantic
Considering Islamorada Condo?
If Islamorada Condo is on your list, my partner Nichole and I are the agents to call. We work Indialantic every week, we know these streets, and we will tell you straight whether a property is priced right. Reach out anytime at (321) 212-7676.
Perfectly positioned in Indialantic just south of Fifth Avenue, this exquisitely maintained two-bedroom, two-bathroom direct oceanfront residence captures the essence of ...
- 2 Beds
- 2 Baths
- 1075584 MLS
