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.
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.
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 | 5 condos, mostly one story |
| Home size range | Roughly 1,722 to 2,615 square feet, median about 2,101 |
| Bedrooms and baths | three bedrooms, two to three baths |
| Lot size | 0.07 to 0.07 acres, median about 0.07 |
| Year built | 2022, 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 foot | About $550 median |
| HOA dues | $750 median a month, reported on 5 of 5 listings |
| Waterfront | 4 of 5, on the Atlantic |
| Private pools | None reported on the five recent listings |
| Garage | 5 of 5 listings reported a garage |
| Property tax | About $7,241 median annual, ranging widely with assessment history |
| Days on market | 8 days median, at about 98 percent of original asking price |
| Location | Indialantic, 32903 |
The line items that decide what this actually costs you, beyond the purchase price.
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.
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.
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.
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.
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.
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.
4 of the 5 listings reporting stories were one level, typical of when this was platted.
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.
Median year built is 2022. Newer roofs and newer wiring generally quote better on insurance, which is worth real money here.
5 of the 5 listings reported a garage, which on the beachside is less common than buyers expect.
Every active The Palm Beach Condominium listing, straight from the MLS and updated as it changes.
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.
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.
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.
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.
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.
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.
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.
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.
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