About This Property
Description from listing agentPrime Oceanfront Investment Opportunity - BACK ON THE MARKET! Oceanfront income property perfectly positioned on the ground floor with direct walk-out beach access. This 2-bed, 2-bath condo is zoned for short-term rentals, making it an ideal addition to any investor's portfolio. The entire building operates as an income-producing asset. Unit 103 offers what vacation renters want most: True oceanfront views and steps-to-sand convenience, ground-floor access--no elevators, perfect for families and long-term winter guests. Bright, open living spaces that appeal to both weekly and seasonal renters An oceanfront screened patio that serves as a major rental draw. The complex features a beachfront pool, private beach access, and a highly desirable location close to to restaurants, shopping, and the best of the Space Coast--factors that consistently attract repeat guests. Roof replacement 2022/23, Concrete restoration completed 2024/2025, building painted 2025.
Space Coast Context
🚀 Launch Viewing — Good Views
28.7 mi from SLC-40
28.7 miles from SLC-40 — visible on clear days, especially at night.
Estimates only — verify with Google Maps.
Flood Risk
Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.
Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Offer Intelligence
Based on 3 comparable sales in this area in the last 180 days.
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.
Location
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Community & HOA
HOA
- Name: Indian Harbour Beach CLub Condo Assoc.
- Fee: $600 / monthly
Schools
Elementary
Ocean Breeze
Middle School
Hoover
High School
Satellite
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $2,632
- Property taxes
- $500
- Insurance & HOA
- $750
Based on a 6.90% rate, 30-year loan, and $500K price — down payment shown: $99,900.
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.
