The median sale was $575,000 and every property on the water

THE COMMODORE CLUB

The Commodore Club is the condo building in Indialantic where $575,000 was the median across eight closed sales in the last twelve months, nine of nine properties front the Atlantic, and the association runs about $866 a month. Built 1980.

1,234 to 2,500 sq ft
Home Size
$575,000
Median Sold Price
$866
Association Dues
9 of 9
Waterfront Sales
What The Commodore Club actually is

The Commodore Club In Indialantic, Florida

The Commodore Club sits in Indialantic, in the 32903 zip code, on A1A. Over the last twelve months eight of the nine properties I tracked here actually closed, at a $575,000 median.

The housing stock is 9 condos, built 1980. The size range runs 1,234 to 2,500 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 91 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.

nine of the nine 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.

The numbers, in one place

The Commodore Club 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 type9 condos
Home size rangeRoughly 1,234 to 2,500 square feet, median about 1,234
Bedrooms and bathstwo to five bedrooms, two to three baths
Lot size0.05 to 0.05 acres, median about 0.05
Year built1980, median 1980
Median sold price$575,000 over the last twelve months
Sold price range$490,000 to $950,000
Price per square footAbout $397 median
HOA dues$866 median a month, reported on 9 of 9 listings
Waterfront9 of 9, on the Atlantic
Private pools3 of 9
Garage9 of 9 listings reported a garage
Property taxAbout $5,449 median annual, ranging widely with assessment history
Days on market110 days median, at about 91 percent of original asking price
LocationIndialantic, 32903
Where the money goes

The Commodore Club 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.

The Seawall And The Dock

The item people forget

A 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 $5,449 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 91 percent of original list

A 110 day median with closings near 91 percent of the original asking price. That is a genuine gap and it is where a prepared buyer makes money.

What you are actually buying

The Commodore Club Features

Waterfront Is Standard

9 of the 9 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 $866 a month across 9 of the 9 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.

Pool Homes Here

3 of the last 9 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.

Original Era Housing

Median year built is 1980. 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

9 of the 9 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 The Commodore Club

Every active The Commodore Club listing, straight from the MLS and updated as it changes.

Straight answers

The Commodore Club Frequently Asked Questions

What do homes sell for in The Commodore Club?

The median closed price over the last twelve months was $575,000 across eight sales, ranging $490,000 to $950,000. Median price per square foot was $397.

Does The Commodore Club have an HOA?

Yes. The median reported association fee is $866 a month, on 9 of the 9 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.

Is The Commodore Club waterfront?

9 of the 9 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 The Commodore Club?

Sellers closed at about 91 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.

Are there pool homes in The Commodore Club?

Yes. 3 of the 9 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 The Commodore Club?

The median bill on record is about $5,449, 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 The Commodore Club?

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 The Commodore Club sits

Indialantic, 32903

The Commodore Club sits in Indialantic, in the 32903 zip code, on A1A. 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.

IndialanticOceanfrontCondos32903$500K Range
Talk to a local

Considering The Commodore Club?

If The Commodore Club 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.