Four of the last five were waterfront and the median sale went under contract in eight days

THE PALM BEACH CONDOMINIUM

The Palm Beach Condominium is the condo building in Indialantic where $1,087,450 was the median across four closed sales in the last twelve months, four of five properties front the Atlantic, and the association runs about $750 a month. Built 2022.

1,722 to 2,615 sq ft
Home Size
$1,087,450
Median Sold Price
$750
Association Dues
4 of 5
Waterfront Sales
What The Palm Beach Condominium actually is

The Palm Beach Condominium In Indialantic, Florida

The Palm Beach Condominium sits in Indialantic, in the 32903 zip code, on A1A. Over the last twelve months four of the five properties I tracked here actually closed, at a $1,087,450 median.

The housing stock is 5 condos, built 2022. The size range runs 1,722 to 2,615 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 98 percent of original list. That is tight. An aggressive offer in The Palm Beach Condominium is usually how you lose the property to someone who wrote a clean one.

four of the five 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 Palm Beach Condominium 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 type5 condos, mostly one story
Home size rangeRoughly 1,722 to 2,615 square feet, median about 2,101
Bedrooms and bathsthree bedrooms, two to three baths
Lot size0.07 to 0.07 acres, median about 0.07
Year built2022, median 2022
Median sold price$1,087,450 over the last twelve months
Sold price range$675,000 to $1,575,000
Price per square footAbout $550 median
HOA dues$750 median a month, reported on 5 of 5 listings
Waterfront4 of 5, on the Atlantic
Private poolsNone reported on the five recent listings
Garage5 of 5 listings reported a garage
Property taxAbout $7,241 median annual, ranging widely with assessment history
Days on market8 days median, at about 98 percent of original asking price
LocationIndialantic, 32903
Where the money goes

The Palm Beach Condominium 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 $7,241 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 98 percent of original list

A 8 day median with closings near 98 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

The Palm Beach Condominium Features

Waterfront Is Standard

4 of the 5 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 $750 a month across 5 of the 5 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 5 listings reporting stories were one level, typical of when this was platted.

A Very Wide Price Range

From $675,000 to $1,575,000 on the same streets, so condition and location inside the plat decide price far more than the address does.

Newer Construction

Median year built is 2022. Newer roofs and newer wiring generally quote better on insurance, which is worth real money here.

Garages Are Common

5 of the 5 listings reported a garage, which on the beachside is less common than buyers expect.

See what is actually available

Homes For Sale In The Palm Beach Condominium

Every active The Palm Beach Condominium listing, straight from the MLS and updated as it changes.

Straight answers

The Palm Beach Condominium Frequently Asked Questions

What do homes sell for in The Palm Beach Condominium?

The median closed price over the last twelve months was $1,087,450 across four sales, ranging $675,000 to $1,575,000. Median price per square foot was $550.

Does The Palm Beach Condominium have an HOA?

Yes. The median reported association fee is $750 a month, on 5 of the 5 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.

Is The Palm Beach Condominium waterfront?

4 of the 5 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 Palm Beach Condominium?

Sellers closed at about 98 percent of original list over the last year. That is tight, and an aggressive offer usually costs you the property. I price the offer off the specific comparable sales, not the neighborhood average.

What are property taxes like in The Palm Beach Condominium?

The median bill on record is about $7,241, 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 Palm Beach Condominium?

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 Palm Beach Condominium sits

Indialantic, 32903

The Palm Beach Condominium 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.

IndialanticOceanfrontCondos32903Over $1M
Talk to a local

Considering The Palm Beach Condominium?

If The Palm Beach Condominium 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.