1850 Charlesmont Drive 119, Indialantic, FL 32903 — MLS photo

Active · Condominium

$230,000

1850 Charlesmont Drive 119, Indialantic, FL 32903

Beds: 1
Baths: 1
Living area: 700 sq ft
$ / sq ft: $329/sq ft
Year built: 1987
Lot size: —
HOA fee: $423 Monthly
Annual tax: $2,470

About this property

Rare opportunity to own in Beach Club Luxury Condominiums; located just ½ mile from the beach! This fully renovated 1 bedroom, 1 bath second-floor unit is move-in ready. Features include a renovated kitchen with stainless steel appliances, vinyl flooring throughout, updated bathroom, all impact windows and doors, a newer A/C (2024), and a stackable washer / dryer in unit. You will not want to miss the breathtaking sunsets from your private balcony! Close proximity to the community pool and gym. Conveniently located to shopping, dining, and 15 minutes to the Melbourne Orlando International airport. Ideal for investors, seasonal residents, or year round living. Short-term rentals allowed!

Property location

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1850 Charlesmont Drive 119, Indialantic, FL 32903

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Facts & features

Interior

Bedrooms: 1
Bathrooms: 1
Living area: 700 sq ft
Flooring: Vinyl
Appliances: Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling: Central Air, Ceiling Fans
Heating: Central
Interior features: Kitchen Island, Tub Shower, Walk In Closets
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1987
Stories: 3
Lot size: 0 sq ft
Roof: Tile
Construction: Frame, Stucco
Exterior features: Balcony
Pool: None, Association, Community
Spa: Community
View: Lake

Parking

Covered spaces: 0

HOA, Community & Financials

Association fee: $423 Monthly
Fee inclusions: Common Area Maintenance, Cable Tv, Internet, Parking, Reserve Fund, Roof
Amenities: Clubhouse, Fitness Center, Maintenance, Pool, Spa Hot Tub
Pets allowed: No
Annual tax: $2,470
Subdivision: BEACH CLUB CONDOMINIUM
County: Brevard
Days on market: 142
MLS listing ID: B26034675
Listing status: Active

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Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

-$150

Cap rate: 4.9%
Net yield: 4.9%
Cash-on-cash return: -2.8%
Gross yield: 9.9%
Mortgage payment: $1,090/mo
Down payment: $57,500
Loan amount: $172,500
Annual NOI: $11,288

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.