Welcome to your dream beach home at 2320 Reef Avenue in highly desirable Indialantic! This charming 3-bedroom, 2-bathroom residence is perfectly positioned and brimming with updates, making it the ideal coastal retreat. Step inside to find brand new luxury vinyl flooring and baseboards, new modern fixtures, all complemented by a fresh coat of paint from wall to ceiling. The home features a newer roof and water heater both done in 2019, HVAC system from 2017, and a complete re-pipe of the house in 2005 ensuring peace of mind for years to come. With its prime location and abundant potential, this delightful property is ready to welcome you home. Don't miss out on this fantastic opportunity!
Property Details
Property Features
Property Information:
Architectural Style: Mid Century Modern
Year Built: 1958
Stories: 1
Living Area: 1,344 SqFt
Listing Office:
Office Name: One Sotheby's International
Office Phone: (321) 984-3135
Listing Agent: Joshua Singer
Interior Features
Interior Information:
Appliances: Dryer, Electric Oven, Electric Water Heater, Refrigerator, Washer
Flooring Type: Tile, Vinyl
Interior: Ceiling Fan(s), Open Floorplan, Split Bedrooms, Walk-In Closet(s)
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: From A1a turn West onto Poinsetta Street. Just past the stop sign turn right onto Reef ave. Pink house on will be on your right with the sign out front. Look for the large Oak tree.
Price Information
Listing Price Info
Price Summary:
List Price: $499,000
Price Per SqFt: $371/SqFt
Tax Information:
Annual Amount: $1,489
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Indialantic, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,558
Per Month
Principal & Interest
$2,491
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,563
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
9
/10
Indialantic Elementary School
1050 N Palm Ave
Distance between this listing and this school1.15 miles
Public District Grades KG-6
Middle School
5
/10
Herbert C. Hoover Middle School
2000 Hawk Haven Dr
Distance between this listing and this school1.05 miles
Public District Grades 7-8
High School
5
/10
Melbourne High School
74 Bulldog Blvd
Distance between this listing and this school3.05 miles
Public District Grades 9-12
Assigned Schools
9
/10
Indialantic Elementary School
1050 N Palm Ave
Distance between this listing and this school1.15 miles
Public District Grades KG-6
Nearby Schools
10
/10
Ocean Breeze Elementary School
1101 Cheyenne Dr
Distance between this listing and this school2.41 miles
Public District Grades KG-6
5
/10
Harbor City Elementary School
1377 Sarno Rd
Distance between this listing and this school3.83 miles
Public District Grades PK-6
Assigned Schools
5
/10
Herbert C. Hoover Middle School
2000 Hawk Haven Dr
Distance between this listing and this school1.05 miles
Public District Grades 7-8
Nearby Schools
2
/10
Stone Middle School
1101 E University Blvd
Distance between this listing and this school4.04 miles
Public Magnet Grades 7-8
7
/10
DeLaura Middle School
300 Jackson Ave
Distance between this listing and this school4.75 miles
Public District Grades 7-8
Assigned Schools
5
/10
Melbourne High School
74 Bulldog Blvd
Distance between this listing and this school3.05 miles
Public District Grades 9-12
Nearby Schools
10
/10
Westshore Junior/Senior High School
250 Wildcat Aly
Distance between this listing and this school2.98 miles
Public District Grades 7-12
4
/10
Eau Gallie High School
1400 Commodore Blvd
Distance between this listing and this school4.31 miles
The neighbors living near this home have an average income of $74,747. Residents of Indialantic, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2320 Reef Ave
What is the listing price of this property?
The listing price of 2320 Reef Ave property is $499,000.
What type of property is this?
The property 2320 Reef Ave is a house located in Indialantic, Florida, 32903.
Is this property for sale now?
Active Listing: 2320 Reef Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2320 Reef Ave are: Indialantic Elementary School: GreatSchools Rating 9/10Herbert C. Hoover Middle School: GreatSchools Rating 5/10Melbourne High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,489 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 2320 Reef Ave has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 2320 Reef Ave is 1,344 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2320 Reef Ave is 1958.
This home is located at 2320 Reef Ave in Indialantic, FL and zip code 32903. This 1,344 square foot home, which was built in 1958, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $499,000.
Indialantic, FL housing market in May 2024 saw over 0 listings sold above listed price, more than 4 sold at listed price and over 15 sold below. Between April 2024 and May 2024, Indialantic, FL real estate market has seen increase in the number of listings by 9.3%. The median list price of listings available in May 2024 was $610,000, while the average time on the real estate market was 24 days.
From Rocket Homes Real Estate and based on county public records data.