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For SaleCondominium
$425K
127 Lancha Circle #203, Indian Harbour Beach, FL 32937
Indian Harbour Beach neighborhood
Subdivision: Palm Springs Condo
3
Bedrooms
2
Bathrooms
2,116
Sq Ft
2007
Year Built
$201 /sqft

About This Property

Description from listing agent

Coastal living at its best in this beautifully maintained 2nd-floor condo in the heart of Indian Harbour Beach! Located just steps from the ocean, this light and bright unit offers an open-concept layout perfect for relaxed beachside living. Enjoy a spacious living and dining area that flows seamlessly to a private balcony--ideal for morning coffee or evening breezes. Living areas have recessed lighting! The kitchen features ample cabinetry and workspace, while the generously sized bedrooms provide comfort and functionality. Tile and LVP throughout - no carpet in this unit. The primary suite offers a private bath and great closet space. Community amenities include pool, gazebo, tennis, pickle ball and a clubhouse. A prime location close to shopping, dining, and local favorites make this a perfect full-time residence, vacation getaway, or investment opportunity. Live the beach lifestyle you've been waiting for!

Space Coast Context

🚀 Launch Viewing — Good Views

28.5 mi from SLC-40

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

Aerospace Commute Guide
Northrop3 mi~7 min
L3Harris4.6 mi~10 min
Blue Origin22.4 mi~50 min
Lockheed23.6 mi~53 min
SpaceX23.7 mi~53 min
Boeing/KSC25.9 mi~58 min
KSC26.6 mi~59 min

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.

Price History

Date
Event
Price
  • 6/27/26
    Price change
    $425K -0.9%
    $201/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

Price history and market context for this listing.

Price Reductions
1 reduction
Originally listed at $425,000 · Cut $4,000 total
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
0.1 acres (4,356 sqft)
Full Baths
2
Garage
1 car (attached)
HOA Fee
$690/mo
Days on Market
85
MLS Area
382-Satellite Bch/Indian Harbour Bch

Community & HOA

HOA

  • Name: Palm Springs Condo
  • Fee: $690 / monthly

Schools

Elementary

Ocean Breeze

Middle School

Hoover

High School

Satellite

Financial & Listing Details

Listed
May 1, 2026
Parcel #
27-37-12-00-00590.M-0000.00
$425K

Listing Agent (for property info)

K
Kerry Ramage
RE/MAX Elite
321-863-2746
Call Listing Agent

Estimated Monthly Payment

$3,504/mo
Principal & interest
$2,239
Property taxes
$425
Insurance & HOA
$840

Based on a 6.90% rate, 30-year loan, and $425K price — down payment shown: $85,000.

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# 1076093

Interested in this property?

Equal Housing Opportunity

MLS# 1076093 · Listing Broker: RE/MAX Elite · 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.