Eric Chery
$2,595,000$3,100,0003 bd3.5 ba2,820 sqft$920 /sqft$16,936 /mo all-in ↓

, INDIALANTIC, FL, 32903

Active328 days on marketListed Aug 25, 2025MLS #A11875844

Reduced $505KWaterfrontSingle Family Residence2795 OCEAN

About this home

Completed in 2024, this ultra-custom oceanfront penthouse is a rare gem on Brevard’s coastline. One of only two units with a private two-car garage and direct entry, it spans 2,820 sq ft with 3 beds, 4 baths, and lives like a single-family home. A private elevator opens into your own vestibule, leading to soaring 11-ft ceilings, wide-plank oak floors, and Euro-Wall sliders with views of the Atlantic and Indian River. Highlights include a chef’s kitchen, bar with wine cooler, spa-like primary suite, gas fireplace, Sonos audio, and premium finishes throughout. Boutique building with just 8 units and luxury amenities.

Facts & features

The home at a glance

3

Bedrooms

3.5

Bathrooms

2,820

Sqft

2

Garage

2024

Year built

$920

Per sqft

WaterfrontFireplaceOcean & Direct Ocean & Pool view

Inside

FlooringTile · Wood
AppliancesDishwasher · Disposal · Dryer · Gas Water Heater · Microwave · Gas Range · Refrigerator · Wall Oven · Washer
InteriorBuilt-in Features · Elevator · Fire Sprinklers · Other · Pantry · Walk-In Closet(s) · Wet Bar · Den/Library/Office · Great Room · Utility Room/Laundry
LaundryUtility Room/Laundry
CoolingCeiling Fan(s) · Central Air · Electric
HeatingCentral

Outside & construction

RoofOther
ConstructionConcrete Block Construction · Stone
ViewOcean · Direct Ocean · Pool
FacesNorth
ParkingAdditional Spaces Available · Covered · Electric Vehicle Charging Station(s) · Guest
ExteriorOpen Balcony · Outdoor Shower

Community & fees

HOA fee$1,800/mo
Taxes (2024)$0/yr
CommunityPool · Exercise Room · Maintained Community · Mandatory Hoa

Utilities & systems

WaterMunicipal Water

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$16,936 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$14,003
PMI (est., until 20% equity)$973
Property tax — 2024 actual bill$0
HOA fee — from the listing$1,800
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $259,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $259,500
Interest rate6.00%
Loan term

Estimated payment

$19,314/mo

Principal & interest$14,003
PMI (est., until 20% equity)$973
Est. property taxes$2,379
HOA / condo fee$1,800
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Indialantic actives

$920 vs $336

Days on market

328 vs 41 typical

Where $920/sqft sits among the 14 Indialantic actives

7
5
0
0
0
2 · this home
$212–330$330–448$448–566$566–684$684–802$802+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Indialantic

Map of

Drive times from this address

Orlando Int’l Airport (MCO)69 min
Downtown Orlando74 min

Get to know Indialantic. See the full Indialantic guide →

INDIALANTIC 32903 — neighborhood snapshot

Population

13,925

Median age

51.2

Median income

$101,549

Median home value

$495,700

Avg household

2.3

Households w/ children

1,205

For the school run

Brevard County School District

MiddleHerbert C. Hoover Middle School★★★★
ElementaryIndialantic Elementary School★★★★★
HighMelbourne Senior High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Indialantic market

Seller’s marketLeans buyer8.3 months of inventoryBuyer’s market

$935K$508K

Indialantic median sold, yr/yr

96.9%

Sale-to-list ratio (12 mo)

4 of 14

Indialantic actives have cut their price

Median sold price, Indialantic, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 273% above the INDIALANTIC 32903 median. See the full Indialantic market guide →

Paper trail

This home's history

CurrentPrice reduced to $2,595,000 $505K
Aug 25, 2025Listed at $3,100,000 · 328 days on market since
2024Built · 2795 OCEAN

Reality check

What actually sold near

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

2765 N HIGHWAY A1A UNIT 504Sold · May ’26

$2,500,000

2765 N HIGHWAY A1A UNIT 504

3 bd · 3.5 ba · 2,820 sqft · $887/sqft · 63 DOM

3092 RIO BAYA SSold · Nov ’25

$720,000

3092 RIO BAYA S

4 bd · 3.5 ba · 2,808 sqft · $256/sqft · 54 DOM

457 VERACRUZ BOULEVARDSold · Dec ’25

$910,000

457 VERACRUZ BOULEVARD

4 bd · 2.5 ba · 2,463 sqft · $369/sqft · 103 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Eric Chery

Your agent

Eric Chery

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Eric's phone and CRM.

Goes straight to Eric’s phone and CRM.

Straight answers

FAQs

What would the monthly payment be for ?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $16,936/mo — principal and interest, estimated property taxes, the $1,800/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at ?+

The association fee works out to $1,800 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on ?+

The most recent tax bill on record (2024) was $0. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Indialantic?+

At $2,595,000, this home is listed about 258% above the Indialantic median of $725,000. The market section on this page shows how the area is trending.

Which schools are assigned to ?+

Herbert C. Hoover Middle School (middle), Indialantic Elementary School (elementary), Melbourne Senior High School (high) — Brevard County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$2,595,000 runs 273% above the INDIALANTIC 32903 median — but at 2,820 sqft it's also 24% larger than the typical Indialantic listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Know the monthly fee

The association fee is $1,800/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

04Time on market is leverage

328 days on market against a Indialantic median of 41 — sellers in this position are usually ready to negotiate.

05Strong assigned schools

Herbert C. Hoover Middle School, Indialantic Elementary School, Melbourne Senior High School — Herbert C. Hoover Middle School rates 4 of 5. Always verify assignments with the district.

Listing courtesy of One Sotheby's International · Stephanie Dandridge. MLS #A11875844.

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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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