1 / 50
For SaleSingle Family Home
$700K
121 Algonquin Terrace, Indian Harbour Beach, FL 32937
Satellite Beach neighborhood
Subdivision: Indian Harbour Beach Sec 7
4
Bedrooms
3
Bathrooms
2,160
Sq Ft
1963
Year Built
$324 /sqft

About This Property

Description from listing agent

Rare dual-primary pool home on the Indian Harbour Beach barrier island. This 4 bed, 3 bath retreat offers two private primary suites, a resort-style pool with a custom pergola-covered lounge, and strong short-term rental potential with no mandatory HOA. Perfect for multigenerational living, guest privacy, a home office setup, or investors seeking co-hosting and Airbnb flexibility. Over 2,100 square feet, steps from Algonquin Sports Complex, Gleason Park, and Canova Beach, zoned for A-rated Brevard County schools. Located minutes from the Atlantic Ocean, the Indian River Lagoon, and the Eau Gallie Yacht Club, this address checks every box vacation renters search for: beach proximity, pool, privacy, and space. No HOA restricting rental use, this home is positioned to capture Space Coast tourism demand, Patrick Space Force Base TDY and relocation traffic, and the growing wave of remote workers seeking Florida weeks-at-a-time. Paid off solar panels and metal roof offer low utility costs.

Space Coast Context

🚀 Launch Viewing — Good Views

28.1 mi from SLC-40

28.1 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop2.8 mi~6 min
L3Harris4.6 mi~10 min
Blue Origin22.1 mi~49 min
SpaceX23.3 mi~52 min
Lockheed23.3 mi~52 min
Boeing/KSC25.4 mi~57 min
KSC26.1 mi~58 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 6/14/26
    Price change
    $700K -2.8%
    $324/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
4.5% above median
Median comparable close: $670,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.7% of list price
At that rate, a competitive offer ≈ $683,737
Price Reductions
1 reduction
Originally listed at $699,999 · Cut $20,000 total
See & adjust the 3 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.22 acres (9,583 sqft)
Full Baths
3
Garage
1 car
Pool
Yes
Days on Market
102
MLS Area
382-Satellite Bch/Indian Harbour Bch

Schools

Elementary

Ocean Breeze

Middle School

Hoover

High School

Satellite

Financial & Listing Details

Listed
Apr 15, 2026
Parcel #
27-37-11-03-00000.0-0005.00
$700K

Listing Agent (for property info)

S
Sherry Boswell
Denovo Realty
321-626-4814
Call Listing Agent

Estimated Monthly Payment

$4,538/mo
Principal & interest
$3,688
Property taxes
$700
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $700K price — down payment shown: $140,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1074323

Interested in this property?

Equal Housing Opportunity

MLS# 1074323 · Listing Broker: Denovo Realty · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.