50 Eighth Avenue Indialantic, FL $ 1,495,000
50 Eighth Avenue
$ 1,495,000
New Construction
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50 Eighth Avenue

Indialantic, FL, 32903
$ 1,495,000
Bedrooms4 Baths0.1 Sq 3,060

Monthly Estimate*

$ 10,443

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Multi-Family Home for sale in Indialantic, FL

for $1,495,000 with 4 bedrooms and 1 half bath. This 3,060 square foot home was built in 2024 on a lot size of 0.23.

Welcome to IL MARE, a new TOURIST ZONED 3 Townhome development on the barrier island coast. Tourist Zone allows for short term rentals. East of A1A with ocean access 100 feet away. 2nd and 3rd Floor Balcony Ocean views. Walk to downtown shops and restaurants. Ocean Views from 2nd and 3rd floor balconies! Coastal modern architecture, 3 stories impact rated concrete block construction, underground electric, hardwood flooring, the perfect kitchen, 4 large en-suite master bedrooms, beautiful finishes and an elevator. Fee simple ownership, no condo rules!! Great primary, second home or investment with great ROI.

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Multi-Family Active

Price

$ 1,495,000

Bedrooms

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 5,614

Style

Multi Family

Lot Size

0.23

Year Built

2024

Town/City

Indialantic

County/Region

Brevard

MLS | Web ID

1010110

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available
Roof Membrane
Appliances Convection Oven Dishwasher Dryer Electric Cooktop Electric Oven Microwave Refrigerator Washer
Exterior Features Impact Windows
HOA 375.0
Garage Spaces 2.0
Association Fee Includes Maintenance Grounds Maintenance Structure
Construction Materials Block Concrete Stone Veneer
Year Built 2024
Electric Underground
View Beach Ocean
Levels Three Or More
Property SubType Multi Family
Tax Year 2023
Current Use Residential Other
Accessibility Accessible Elevator Installed
Additional Parcels Description 2731353
HOA Fee 2 0.0
Assoc Fee Paid Per Monthly
County Brevard
New Construction Y
Property Type Residential Income
Association Amenities Beach Access Management - Off Site
HOA / Comm Assn Y
Attached Garage N
Energy Efficient Appliances
Subdivision Name Indialantic By The Sea
Garage Y/N Y
Status Active
Directions A1A South of 192 East on 8th
High School Melbourne
City Indialantic
Association Name Il Mare HOA
View Y/N N
Senior Community Y/N N
Total Units 1
MLS Area 384-Indialantic/Melbourne Beach
Lot Size Square Feet 10019.0
Waterfront Y/N N
Carport Y/N N
Street Name Eighth
Elementary School Indialantic
Tax Annual Amount 5614.37
Home Warranty Y/N N
Middle/Junior High School Hoover
Lease Renewal Y/N N
MLS Area Minor 384-Indialantic/Melbourne Beach
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1010110
Standard Status Active
Legal Description INDIALANTIC BY THE SEA LOTS 13 14 BLK 38
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Interior
Flooring Carpet Tile Wood
Furnished Y/N Unfurnished
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 0
Half Baths 1
Street Suffix Avenue
Laundry Features In Unit
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 1
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Exterior
Fencing Privacy Vinyl
Parking Features Garage
Lot Features Corner Lot
Water Source Public
Lot Size Area 0.23
Number of Buildings 1
Spa N
Building Area Total 3800.0
Lot Size Acres 0.23
Lot Size Units Acres
Road Frontage Type City Street
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 50
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* Excluded Features
List By
Prominent Properties Of Fl,Llc

Broker

jshepherd@prominentfl.com

Email

Affordability Calculator

$10,911
Per Month
96%
4%
0%
Monthly Principal & Interest
$10,443
Monthly Property Taxes
$468
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1362948 Elementary School
1363002 Middle School
Melbourne High School High School
Pricing History
DatePricePrice ChangeDescription
4/6/2024$1,495,000 Listed Price

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50 Eighth Avenue, Indialantic, FL, 32903 is a Multi-Family Home for sale at $1,495,000 with 3,060 sqft and a lot size of 0.23. 50 Eighth Avenue has 4 bedrooms, 0.1 baths, and was built in 2024. The property's zip code is 32903 which is in Indialantic, FL