Living in Florida's Space Coast
MARTESIA
Martesia is the single-family neighborhood in Indian Harbour Beach where $746,500 was the median across twelve closed sales in the last twelve months, the association runs about $320 a month, and twelve of 13 had a private pool. Built 1991 to 1995.
Martesia In Indian Harbour Beach, Florida
Martesia sits in Indian Harbour Beach, in the 32937 zip code, on Martesia, Nautica and Salida. Over the last twelve months twelve of the 13 properties I tracked here actually closed, at a $746,500 median.
The housing stock is 13 single-family homes, built 1991 to 1995. The size range runs 1,825 to 3,275 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.
The association reports at about $320 a month across 12 of the 13 listings. At that level what the fee covers and whether the reserves are funded matters more to your real monthly cost than the purchase price does.
Martesia 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 | 13 single-family homes, mostly one story |
| Home size range | Roughly 1,825 to 3,275 square feet, median about 2,256 |
| Bedrooms and baths | three to four bedrooms, two to four baths |
| Lot size | 0.24 to 0.33 acres, median about 0.25 |
| Year built | 1991 to 1995, median 1993 |
| Median sold price | $746,500 over the last twelve months |
| Sold price range | $615,000 to $1,090,000 |
| Price per square foot | About $319 median |
| HOA dues | $320 median a month, reported on 12 of 13 listings |
| Waterfront | None of the 13 recent listings reported water frontage |
| Private pools | 12 of 13 |
| Garage | 13 of 13 listings reported a garage |
| Property tax | About $5,137 median annual, ranging widely with assessment history |
| Days on market | 31 days median, at about 94 percent of original asking price |
| Location | Indian Harbour Beach, 32937 |
Martesia 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.
What The Fee Actually Covers
$320 a month medianA fee is not good or bad on its own. What matters is the budget behind it, whether the reserves are funded, and what has been special assessed in the last three years. I read the budget, the reserve study and two years of minutes before you go under contract.
The Tax Bill Resets
About $5,137 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 94 percent of original listA 31 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.
Martesia Features
Association On Record
A median of $320 a month across 12 of the 13 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Pools Are Standard
12 of the last 13 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 13 listings reporting stories were one level, typical of when this was platted.
Original Era Housing
Median year built is 1993. 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
13 of the 13 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.
Homes For Sale Near Martesia
Nothing is listed inside Martesia at this moment, which happens in a neighborhood this size. Below is every active Indian Harbour Beach listing between $450,000 and $1,200,000, the band Martesia actually trades in. Call me at (321) 212-7676 and I will tell you the day something lists on these streets.
Martesia Frequently Asked Questions
What do homes sell for in Martesia?
The median closed price over the last twelve months was $746,500 across twelve sales, ranging $615,000 to $1,090,000. Median price per square foot was $319.
Does Martesia have an HOA?
Yes. The median reported association fee is $320 a month, on 12 of the 13 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
How far is Martesia from the beach?
Indian Harbour Beach 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 Martesia?
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 Martesia?
Yes. 12 of the 13 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 Martesia?
The median bill on record is about $5,137, 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 Martesia?
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
Martesia sits in Indian Harbour Beach, in the 32937 zip code, on Martesia, Nautica and Salida. 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 Martesia In Indian Harbour Beach
Considering Martesia?
If Martesia 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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