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For SaleCondominium
$650K
1505 N Highway A1a #502, Indialantic, FL 32903
Indialantic neighborhood
Subdivision: Royal Palm Condo
2
Bedrooms
2
Bathrooms
1,608
Sq Ft
1995
Year Built
$404 /sqft

About This Property

Description from listing agent

Quarterly HOA fee covers it all, making for truly effortless, worry-free oceanfront living. From the moment you step inside, this spectacular direct oceanfront condo on the 5th floor welcomes you with breathtaking views of the sparkling Atlantic. Perfectly situated in the heart of Indialantic, this light-filled residence features brand-new impact windows and doors throughout for peace of mind and energy efficiency. This freshly painted 2-bedroom, 2-bath condo is a true blank canvas, ready for you to design and customize to your exact taste. It also includes a versatile bonus room--ideal as a home office, den, or additional sleeping space. The guest suite is perfect for visitors, complete with a private ensuite bath and a spacious walk-in closet. The home features large tile flooring and a functional kitchen with ample granite counter space, along with a full-size washer and dryer for added convenience. Wake up to ocean views in the primary suite, which offers private balcony access

Space Coast Context

🚀 Launch Viewing — Good Views

31.4 mi from SLC-40

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

Aerospace Commute Guide
Northrop3.7 mi~8 min
L3Harris3.9 mi~9 min
Blue Origin25.1 mi~56 min
Lockheed26.5 mi~59 min
SpaceX26.6 mi~59 min
Boeing/KSC28.8 mi~1h 4m
KSC29.6 mi~1h 6m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal 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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
21.5% above median
Median comparable close: $535,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.3% of list price
At that rate, a competitive offer ≈ $619,106
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 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
0.08 acres (3,485 sqft)
Full Baths
2
Stories
2
Garage
1 car
HOA Fee
$3465/mo
Waterfront
Atlantic Ocean
Days on Market
364
MLS Area
383 - N Indialantic

Community & HOA

HOA

Schools

Elementary

Indialantic

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jul 18, 2025
Parcel #
27-38-30-1a-00502.0-0000.00
$650K

Listing Agent (for property info)

J
Jennifer Hendry
Blue Marlin Real Estate
772-696-2673
Call Listing Agent

Estimated Monthly Payment

$7,689/mo
Principal & interest
$3,424
Property taxes
$650
Insurance & HOA
$3,615

Based on a 6.90% rate, 30-year loan, and $650K price — down payment shown: $129,980.

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# 1052052

Interested in this property?

Equal Housing Opportunity

MLS# 1052052 · Listing Broker: Blue Marlin Real Estate · 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.