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Living Space Coast - Brevard County Real Estate
An eighteen-unit oceanfront building in

Islamorada Condominium

Eighteen units, three floors, built in 1983 on Wave Crest Avenue in the south of Fifth pocket. Private one-car garages, a family room with a fireplace, and no pool on the property by design.

Book A Thirty Minute CallCall (321) 212-7676
18 units
Building Size
1983
Year Built
3 floors
Low Rise
3-month minimum
Lease Term
What this building actually is

Islamorada Condominium In Indialantic, Florida

Islamorada sits at 700 Wave Crest Avenue, which puts it in the south of Fifth Avenue pocket of Indialantic rather than up on the main A1A strip. Eighteen units across three floors, direct oceanfront, built in 1983.

It is a low rise, and that changes the feel considerably. Three floors means no long elevator waits and a building that reads more like a small beachside apartment community than a tower. Interior units run roughly 1,450 to 1,550 square feet as two bedrooms, and corner units go over 1,900 square feet as three bedrooms.

One thing worth knowing before you tour: the building reportedly does not permit pools or hot tubs on the premises. If a community pool is on your list, this is not your building. What it has instead is a private one-car garage per unit, a family room with a fireplace, and a quieter position off the main highway.

The numbers, in one place

Islamorada Condominium At A Glance

Condo data online is unreliable, and a lot of it gets copied between sites without anyone checking. Below is what we could actually verify, what came from a single source, and what nobody publishes.

DetailWhat we can confirm
Address700 Wave Crest Ave, Indialantic, FL 32903
Year built1983
Total units18
Floors3
Unit sizesInterior units roughly 1,450 to 1,550 square feet. Corner units over 1,900.
Bedrooms2 bed / 2 bath interior, 3 bed / 2 bath corner
PositionDirect oceanfront, in the south of Fifth Avenue area
Condo feePublished at around $800 per month. We confirm the current figure and inclusions before you offer.
Pet policyPet friendly subject to association approval. One source specifies a fifty pound maximum.
Minimum lease3 months
PoolReportedly not permitted on the premises. Confirm before you buy if a pool matters to you.
Age restrictionNot a 55 and over building.
Recent price rangeThin data. One sold three bedroom at $462,500. We pull live comps before any offer.
What is on site

Islamorada Condominium Amenities

Private One-Car Garage

Each unit has its own garage.

Family Room With Fireplace

An unusual feature for a Florida beachside condo.

Secure Lobby And Elevator

Secured lobby with elevator service.

Hurricane Shutters

Storm protection in place.

Low Rise

Three floors rather than a tower.

South Of Fifth Position

Off the main A1A strip, in the quieter southern pocket of Indialantic.

Direct Oceanfront

On the sand rather than across the road.

No Pool

Stated plainly because it is the thing most likely to surprise a buyer here.

Straight answers

Islamorada Condominium Frequently Asked Questions

How many units are in Islamorada Condominium?

Eighteen units across three floors. It is one of the smaller and lower oceanfront buildings in Indialantic.

When was Islamorada Condominium built?

1983.

What are the condo fees at Islamorada Condominium?

Published at around $800 per month. Fee data on smaller buildings goes stale quickly, so we confirm the current figure, what it includes, and the reserve position before you write an offer.

Does Islamorada Condominium allow pets?

Pet friendly subject to association approval, with one source specifying a fifty pound maximum. Confirm the current rule for your specific situation.

Can you rent out a unit at Islamorada Condominium?

Yes, with a three month minimum lease.

Is Islamorada Condominium truly oceanfront?

Yes. Direct oceanfront, in the south of Fifth Avenue section of Indialantic rather than on the main A1A strip.

What should I check before buying in an older Florida oceanfront building?

Ask for the most recent milestone inspection and structural integrity reserve study, the current reserve balance, and any special assessment that has been voted on or discussed. Florida tightened these requirements after 2021 and they are the single biggest driver of condo fee increases on this coast. We request all of it before you go under contract.

Do I need my own agent to buy a condo here?

Yes, and it costs you nothing in most transactions. On beachside condos the value of representation is in the documents rather than the negotiation: the association budget, the reserve study, the rental and pet rules, and the assessment history. That is where the surprises live.

Keep comparing

Near Islamorada Condominium

Indialantic town guide

Melbourne Beach

Indian Harbour Beach

Satellite Beach

Brevard condos

Waterfront homes

Before you tour

Thinking About Islamorada Condominium?

This building has no pool, and that single fact rules it in or out for most buyers. If the quieter south of Fifth position and a private garage matter more to you than a pool deck, it is worth a look.

Book A Thirty Minute CallCall (321) 212-7676

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RACHEL LANGLEY & NICHOLE BARNA, REALTOR®s
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