Living in Florida's Space Coast
MARINA ISLE CLUB
Marina Isle Club is the neighborhood in Indian Harbour Beach where $620,000 was the median across two closed sales in the last twelve months, four of four properties front the Banana River, and the association runs about $633 a month. Built 1986 to 1998.
Marina Isle Club In Indian Harbour Beach, Florida
Marina Isle Club sits in Indian Harbour Beach, in the 32937 zip code, on Marina Isles. Over the last twelve months two of the four properties I tracked here actually closed, at a $620,000 median.
The housing stock is 2 condos and 2 townhouses, built 1986 to 1998. The size range runs 1,276 to 2,519 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 90 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.
four of the four properties front the Banana River, 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.
Marina Isle Club At A Glance
Every figure below comes from the last twelve months of Indian Harbour Beach market data for this neighborhood. Nothing here is an estimate.
| Detail | What you get |
|---|---|
| Housing type | 2 condos and 2 townhouses |
| Home size range | Roughly 1,276 to 2,519 square feet, median about 1,868 |
| Bedrooms and baths | two to three bedrooms, two to three baths |
| Lot size | 0.10 to 0.15 acres, median about 0.14 |
| Year built | 1986 to 1998, median 1992 |
| Median sold price | $620,000 over the last twelve months |
| Sold price range | $505,000 to $735,000 |
| Price per square foot | About $336 median |
| HOA dues | $633 median a month, reported on 4 of 4 listings |
| Waterfront | 4 of 4, on the Banana River |
| Private pools | None reported on the four recent listings |
| Garage | 4 of 4 listings reported a garage |
| Property tax | About $7,156 median annual, ranging widely with assessment history |
| Days on market | 210 days median, at about 90 percent of original asking price |
| Location | Indian Harbour Beach, 32937 |
Marina Isle Club Costs, Honestly
The line items that decide what this actually costs you, beyond the purchase price.
Insurance And Flood
Get the quote firstEvery 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 forgetA 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 $7,156 median todayThat 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 90 percent of original listA 210 day median with closings near 90 percent of the original asking price. That is a genuine gap and it is where a prepared buyer makes money.
Marina Isle Club Features
Waterfront Is Standard
4 of the 4 properties front the Banana River. 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 $633 a month across 4 of the 4 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Original Era Housing
Median year built is 1992. 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
4 of the 4 listings reported a garage, which on the beachside is less common than buyers expect.
Minutes To The Ocean
The Eau Gallie Causeway lands at the north edge of the city, which makes this the shortest mainland commute of any beach address in the county.
Sits On The Market
Median days on market was 210. Longer market time is where your negotiating room comes from, and it is also worth asking why one specific property has been sitting.
Homes For Sale In Marina Isle Club
Every active Marina Isle Club listing, straight from the MLS and updated as it changes.
Marina Isle Club Frequently Asked Questions
What do homes sell for in Marina Isle Club?
The median closed price over the last twelve months was $620,000 across two sales, ranging $505,000 to $735,000. Median price per square foot was $336.
Does Marina Isle Club have an HOA?
Yes. The median reported association fee is $633 a month, on 4 of the 4 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
Is Marina Isle Club waterfront?
4 of the 4 properties front the Banana River. 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 Marina Isle Club?
Sellers closed at about 90 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.
What are property taxes like in Marina Isle Club?
The median bill on record is about $7,156, 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 Marina Isle 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.
Indian Harbour Beach, 32937
Marina Isle Club sits in Indian Harbour Beach, in the 32937 zip code, on Marina Isles. This is the smallest of the beachside cities, wedged between Satellite Beach to the north and Indialantic to the south.
The Eau Gallie Causeway lands right at the northern edge, which gives Indian Harbour Beach the shortest mainland commute of any beach address in the county. Within a mile you can go from a townhouse in the four hundreds to a seven figure island home.
Near Marina Isle Club In Indian Harbour Beach
Considering Marina Isle Club?
If Marina Isle Club is on your list, my partner Nichole and I are the agents to call. We work Indian Harbour Beach 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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