2855 N Highway A1a, Indialantic, FL 32903

$925,450
3
BD
3
BA
2,000
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$925,450
MLS#
1075679
Status
ACTIVE
Type
Condo
County
Brevard
City
Indialantic
Area
N Indialantic
Subdivision
The Club Residences Condo
Bedrooms
3
Bathrooms
3
Living Area
2,000
Total Square Feet
3,920
Acres
0.09
Year Built
1980
Days on Market
94

Property Description

DIRECT OCEANFRONT-SHORT-TERM RENTAL FLEXIBILITY, PRIV. 2-CAR GARAGE, & EXCEPTIONAL INCOME POTENTIAL. Seller will pay 12 months of HOA dues at closing ($13,800 value)! Own a piece of paradise in the heart of Indialantic located in an intimate 8-unit boutique community. Offering breathtaking Atlantic Ocean views, 3 bedroom, 2 bath, a private 2-car garage, and the ability to rent short-term, this property presents a rare opportunity for investors, second-home buyers, or those seeking full-time beachfront living. Spanning over 2,000 square feet, this spacious multi-level condominium features a unique townhome-style floor plan designed to maximize both privacy and views. The open-concept living area is filled with natural light and flows seamlessly onto an oversized covered oceanfront balcony, creating the perfect setting for morning coffee, entertaining guests, or simply enjoying the sights and sounds of the ocean. The beautifully renovated kitchen showcases white cabinetry, granite countertops, stainless steel appliances, and a large center island overlooking the living and dining areas. Tile flooring throughout the main living spaces provides both durability and easy maintenance. The spacious primary suite features stunning ocean views and a private sitting area, while the guest accommodations offer comfort and privacy, including access to a west-facing balcony ideal for enjoying Florida's spectacular sunsets. For investors, the income potential is substantial. A comparable 2-bedroom unit within the building currently generates approximately $70,000 to $80,000 annually in gross rental income. Given this residence's larger floor plan, additional bedroom, and strong appeal to larger families and groups, there is significant potential for even greater rental performance. Current ownership has limited rental availability through personal usage and occupancy restrictions, creating considerable upside opportunity for future owners. Additional features include impact-rated sliding glass doors, ample storage space, and future reservations that may provide immediate income opportunities. Recent building improvements include a new roof in 2023 and exterior paint and stucco restoration completed in 2018. Ideally located near restaurants, shopping, entertainment, and local attractions, this exceptional oceanfront property combines lifestyle, flexibility, and investment potential in one of Indialantic's most desirable beachside locations. Whether you're searching for a high-performing vacation rental, a luxury coastal retreat, or your forever home by the sea, this rare offering delivers it all.

Additional Information

Hoa Frequency
Monthly
Tax Year
2025
Tax Amount
$8,083
Interior Features
Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Pantry, Walk-In Closet(s), Primary Bathroom - Tub with Shower, Guest Suite
Exterior Features
Balcony, Storm Shutters
Location Description
Sprinklers In Rear
Equipment And Appliances
Dryer, Disposal, Dishwasher, Electric Oven, Electric Range, Freezer, Microwave, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Exterior Finish
Block, Concrete, Stucco
Construction
Block, Concrete, Stucco
Roof
Tile
Floor
Tile
Parking
Assigned, Detached, Garage, Garage Door Opener
Fireplace
Yes
Assoc Fee
$1150
Assoc Fee Includes
Cable TV, Insurance, Maintenance Grounds, Pest Control, Sewer, Trash, Water
Garage Spaces
2
Dwelling View
Beach, Ocean
Water Frontage
Ocean Access, Ocean Front
Elementary School
Indialantic
Middle School
Hoover
High School
Melbourne

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Prime Southern Properties.