The median sale was $451,500 and not one property carries an association

OCEAN PARK

Ocean Park is the single-family neighborhood in Indialantic where $451,500 was the median across six closed sales in the last twelve months, not one listing reported an association, and six of 14 had a private pool. Built 1955 to 1974.

1,120 to 2,724 sq ft
Home Size
$451,500
Median Sold Price
No HOA
Association Dues
6 of 14
Pool Homes
What Ocean Park actually is

Ocean Park In Indialantic, Florida

Ocean Park sits in Indialantic, in the 32903 zip code, on Shannon, Avenida Del Sol, Avenida De Paz and Avenida Central. Over the last twelve months six of the 14 properties I tracked here actually closed, at a $451,500 median.

The housing stock is 14 single-family homes, built 1955 to 1974. The size range runs 1,120 to 2,724 square feet, which is wide enough that the neighborhood median tells you very little about any one property. Price it off the comparable sales on that street, not the plat.

Sellers closed at about 94 percent of original list, a normal working spread for beachside Brevard. The room that exists shows up on properties that have already cut once.

No association appears on any property here. No board, no dues, and no reserve fund either. The roof and the driveway are yours alone. Recorded deed restrictions may still apply, and I pull those for the specific parcel before you write.

The numbers, in one place

Ocean Park At A Glance

Every figure below comes from the last twelve months of Indialantic market data for this neighborhood. Nothing here is an estimate.

DetailWhat you get
Housing type14 single-family homes, mostly one story
Home size rangeRoughly 1,120 to 2,724 square feet, median about 1,484
Bedrooms and bathstwo to four bedrooms, one to three baths
Lot size0.17 to 0.26 acres, median about 0.17
Year built1955 to 1974, median 1955
Median sold price$451,500 over the last twelve months
Sold price range$384,900 to $507,000
Price per square footAbout $321 median
HOA duesNone. All 14 recent listings reported no association.
WaterfrontNone of the 14 recent listings reported water frontage
Private pools6 of 14
Garage10 of 14 listings reported a garage
Property taxAbout $3,319 median annual, ranging widely with assessment history
Days on market59 days median, at about 94 percent of original asking price
LocationIndialantic, 32903
Where the money goes

Ocean Park Costs, Honestly

The line items that decide what this actually costs you, beyond the purchase price.

Insurance And Flood

Get the quote first

Every 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.

No Reserve Fund Behind You

No association here

No dues is a real advantage until the roof goes. There is no shared reserve on these streets, so the roof, the driveway, the AC and the fence are funded by you on your own timeline. That is a fair trade, but it should be a budgeted one.

The Tax Bill Resets

About $3,319 median today

That 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 94 percent of original list

A 59 day median with closings near 94 percent of the original asking price. That is a narrow gap, so the win here comes from being ready to move rather than from grinding the price.

What you are actually buying

Ocean Park Features

No HOA At All

All 14 recent listings reported no association. Nothing governs the paint color, the boat in the driveway or the fence line except the recorded deed restrictions on that plat.

Pool Homes Here

6 of the last 14 had a private pool. On the barrier island the pump, the heater and the screen enclosure age faster than they do inland, so those get inspected separately from the house.

Mostly Single Story

13 of the 14 listings reporting stories were one level, typical of when this was platted.

Original Era Housing

Median year built is 1955. Roof age, wiring and plumbing are the three things that decide both your insurance quote and your first five years of budget.

Garages Are Common

10 of the 14 listings reported a garage, which on the beachside is less common than buyers expect.

Minutes To The Ocean

The Melbourne Causeway lands right here, so downtown Melbourne is five minutes west and the sand is two minutes east.

See what is actually available

Homes For Sale In Ocean Park

Every active Ocean Park listing, straight from the MLS and updated as it changes.

Straight answers

Ocean Park Frequently Asked Questions

What do homes sell for in Ocean Park?

The median closed price over the last twelve months was $451,500 across six sales, ranging $384,900 to $507,000. Median price per square foot was $321.

Does Ocean Park have an HOA?

No. All 14 recent listings reported no association. Recorded deed restrictions may still apply to the plat, and I pull those for the specific parcel.

How far is Ocean Park from the beach?

Indialantic is a barrier island city, so the Atlantic is a short walk or a two minute drive from anywhere in the neighborhood. None of these properties carry water frontage on record, which is part of why the pricing sits where it does.

Can you negotiate on price in Ocean Park?

Sellers closed at about 94 percent of original list over the last year. There is some room, and it tends to show up on properties that have already had a price cut. I price the offer off the specific comparable sales, not the neighborhood average.

Are there pool homes in Ocean Park?

Yes. 6 of the 14 properties have a private pool. On the barrier island the pump, the heater and the screen enclosure age faster than inland, so I have those inspected separately from the structure.

What are property taxes like in Ocean Park?

The median bill on record is about $3,319, 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 Ocean Park?

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.

Where Ocean Park sits

Indialantic, 32903

Ocean Park sits in Indialantic, in the 32903 zip code, on Shannon, Avenida Del Sol, Avenida De Paz and Avenida Central. 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.

IndialanticNo HOAPool HomesSingle Family32903Under $500K
Talk to a local

Considering Ocean Park?

If Ocean Park 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.