21 days on rocket

50 Eighth Ave, Indialantic, FL, 32903

$1,495,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
1 Partial Bath
3,060 SqFt
$489/SqFt
Multi
Schools Nearby

Location

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50 Eighth Ave, Indialantic$1,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarage
Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral, Electric
CoolingCentral Air
ViewBeach, Ocean
MLS #1010110
Lot Size0.23 Acres
StatusActive

About 50 Eighth Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 3,060 SqFt

Listing Office:

  • Office Name: Prominent Properties of FL,LLC
  • Office Phone: (321) 243-5688
  • Listing Agent: Joanie Shepherd

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Tile, Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Beach, Ocean

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage

Virtual/3D Tour

  • Virtual Tour: 50 Eighth Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Melbourne High School, Public District Grades 9-12
  • Herbert C. Hoover Middle School, Public District Grades 7-8
  • Indialantic Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: A1A South of 192 East on 8th

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000
  • Price Per SqFt: $489/SqFt

HOA Fees:

  • Amount: $375
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Indialantic, FL.

Med. Sold Price

$623.3K

Med. Price/SqFt

$317

Avg. Days On Market

36

# of Sold Homes

20

50 Eighth Ave vs Indialantic

21 DAYS ON ROCKET

-15 Days

$1,495,000

+$871.6K More

$489/SqFt

+$172 More

KEY TAKEAWAY

This property is $871.6K more than the Median Sold Price and $172/SqFt more than other homes in Indialantic, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1010110

Listing Office:

  • Office Name: Prominent Properties of FL,LLC
  • Office Phone: (321) 243-5688
  • Listing Agent: Joanie Shepherd

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:20:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,904

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2020371
9
/10
  • Indialantic Elementary School

  • 1050 N Palm Ave

  • 0.96 miles

  • Public District Grades KG-6

Middle School

school-card-donut-2020372
5
/10
  • Herbert C. Hoover Middle School

  • 2000 Hawk Haven Dr

  • 1.07 miles

  • Public District Grades 7-8

High School

school-card-donut-2020373
5
/10
  • Melbourne High School

  • 74 Bulldog Blvd

  • 3.31 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,853. Most Indialantic, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesFloridaBrevard CountyIndialantic3290350 Eighth Ave

This home is located at 50 Eighth Ave in Indialantic, FL and zip code 32903 in the Indialantic By The Sea neighborhood. This 3,060 square foot home, which was built in 2024, sits on a 0.23 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $1,495,000.

While more than 3 listings in Indialantic, FL in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 16 were sold below. The inventory of homes for sale in Indialantic, FL between February 2024 and March 2024 increased by 22.4%. The median list price of listings available in March 2024 was $623,333, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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