Indialantic, Florida
Brevard County Real Estate - Indialantic
Indialantic is a town in Brevard County Florida, named for its location between the Indian River Lagoon and the Atlantic ocean. The town is on a barrier island stretching from Cape Canaveral to the Sebastian Inlet, connected to the Melbourne by the Melbourne Causeway. The two cities were originally connected by a wooden bridge, built by Ernest Kouven-Hoven in 1921. The bridge was replaced by a drawbridge in 1947 and by the modern causeway in 1985.
Indialantic is in East Central Florida. It's population as recorded in the 2010 Census was 2,720. Indialantic is approximately 58 miles from Orlando (population 238,300) and around 57 miles from Port Saint Lucie (population 164,603).
The median age for residents of Indialantic is 49.9. Around 19.7% of Indialantic households include school aged children and 35.1% of households include individuals aged 65 years or over. Census records indicate 94.6% of the Indialantic population are White, .4% are Black or African American, .1% American Indian, 1.6% Asian and 2% are Two or more Races.
There are 1,584 housing units in Indialantic. 293 (18.4%) of these were reported as vacant in the 2010 Census. Indialantic is a tourist destination, 35.4% (104) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 390 residential rental units in Indialantic. 294 of them were occupied in 2010 providing a residential rental vacancy rate of 23.6%.
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Indialantic Real Estate
There are 7,370 properties in Indialantic. The following table shows a summary of them based on 2014 sales data.
| Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
|---|---|---|---|---|---|---|---|
| Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Government Property | 23 | 0.31 | 0 | n/a | n/a | n/a | n/a |
| Hotel & Motel | 19 | 0.26 | 0 | n/a | n/a | n/a | n/a |
| Miscellaneous Property | 1 | 0.01 | 0 | n/a | n/a | n/a | n/a |
| Mobile/Manufactured | 111 | 1.51 | 0 | n/a | n/a | n/a | n/a |
| Multifamily | 326 | 4.42 | 16 | $245,000 | $117 | January 1st, 2014 | August 1st, 2014 |
| Office | 79 | 1.07 | 1 | $305,100 | $148 | June 1st, 2014 | June 1st, 2014 |
| Residential | 6,615 | 89.76 | 301 | $234,000 | $136 | January 1st, 2014 | August 1st, 2014 |
| Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Retail | 183 | 2.48 | 2 | $244,450 | $96 | May 1st, 2014 | June 1st, 2014 |
| Special Purpose | 11 | 0.15 | 0 | n/a | n/a | n/a | n/a |
| Sports & Entertaining | 2 | 0.03 | 0 | n/a | n/a | n/a | n/a |
Commercial Real Estate in Indialantic, Florida
0( .00%) of the properties in Indialantic are classified as Commercial.
Government Real Estate in Indialantic, Florida
23( .31%) of the properties in Indialantic are classified as Government.
Hotel & Motel Real Estate in Indialantic, Florida
19( .26%) of the properties in Indialantic are classified as Hotel & Motel.
Miscellaneous Real Estate in Indialantic, Florida
1( .01%) of the properties in Indialantic are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Indialantic, Florida
111( 1.51%) of the properties in Indialantic are classified as Mobile/Manufactured.
Multifamily Real Estate in Indialantic, Florida
326( 4.42%) of the properties in Indialantic are classified as Multifamily. 16 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $4,414,900. The median sales price was $245,000. In 2014 the median sales price for Multifamily in Indialantic was $117 per sq ft.
Office Real Estate in Indialantic, Florida
79( 1.07%) of the properties in Indialantic are classified as Office. 1 of them sold between June 1st, 2014 and June 1st, 2014. The total value of these sales was $305,100. The median sales price was $305,100. In 2014 the median sales price for Office in Indialantic was $148 per sq ft.
Residential Real Estate in Indialantic, Florida
6,615( 89.76%) of the properties in Indialantic are classified as Residential. 301 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $80,803,900. The median sales price was $234,000. In 2014 the median sales price for A Class Residential in Indialantic was $207 per sq ft, B Class properties sold for $136/ft and C Class $84/ft.
Residential Real Estate in Indialantic, Florida
0( .00%) of the properties in Indialantic are classified as Residential.
Retail Real Estate in Indialantic, Florida
183( 2.48%) of the properties in Indialantic are classified as Retail. 2 of them sold between May 1st, 2014 and June 1st, 2014. The total value of these sales was $488,900. The median sales price was $244,450. In 2014 the median sales price for Retail in Indialantic was $96 per sq ft.
Special Purpose Real Estate in Indialantic, Florida
11( .15%) of the properties in Indialantic are classified as Special Purpose.
Sports & Entertaining Real Estate in Indialantic, Florida
2( .03%) of the properties in Indialantic are classified as Sports & Entertaining.
Indialantic, Brevard County Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Government Property | 22 | 488,008 |
| Hotel & Motel | 16 | 659,772 |
| Land | 297 | 758,909 |
| Miscellaneous Property | 1 | 448 |
| Multifamily | 273 | 8,964,290 |
| Office | 65 | 280,734 |
| Residential | 6,503 | 12,156,953 |
| Retail | 158 | 3,156,335 |
| Special Purpose | 11 | 1,066,709 |
| Sports & Entertaining | 2 | 8,798 |
Indialantic Median Property Values per Sq Ft
| Property Class | Class A | Class B | Class C | ||||
|---|---|---|---|---|---|---|---|
| Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
| Church | 2016 | $212 | $24 | $99 | $12 | $44 | $7 |
| Club, lodge or union hall | 2016 | $212 | $24 | $99 | $12 | $44 | $7 |
| Condominium | 2016 | $270 | $16 | $177 | $16 | $108 | $16 |
| Condominium Unit | 2016 | $202 | $16 | $110 | $16 | $62 | $16 |
| County Owned | 2016 | $212 | $30 | $99 | $15 | $44 | $7 |
| Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $212 | $21 | $99 | $15 | $44 | $12 |
| Government Undefined | 2016 | $212 | $30 | $99 | $15 | $44 | $7 |
| Hotel or motel | 2016 | $212 | $33 | $99 | $33 | $44 | $33 |
| Mixed use - store and office or store and residential or residential combination | 2016 | $124 | $21 | $59 | $15 | $59 | $12 |
| Multi-family - 10 units or more | 2016 | $208 | $19 | $158 | $16 | $123 | $12 |
| Multi-family - less than 10 units | 2016 | $124 | $19 | $59 | $16 | $59 | $12 |
| Municipal Owned | 2016 | $212 | $30 | $99 | $15 | $44 | $7 |
| Nightclub, cocktail lounge or bar | 2016 | $212 | $37 | $99 | $17 | $44 | $7 |
| Office building, non-professional service building, multi-story | 2016 | $124 | $23 | $59 | $17 | $59 | $13 |
| Office building, non-professional service building, one story | 2016 | $124 | $23 | $59 | $17 | $59 | $13 |
| Professional service building | 2016 | $124 | $23 | $59 | $17 | $59 | $13 |
| Public county school | 2016 | $212 | $30 | $99 | $15 | $44 | $7 |
| Race track: horse, auto or dog | 2016 | $212 | $37 | $99 | $17 | $44 | $7 |
| Repair service shop (excluding automotive) | 2016 | $212 | $21 | $99 | $15 | $44 | $12 |
| Restaurant, cafeteria | 2016 | $124 | $21 | $59 | $15 | $59 | $12 |
| Service station | 2016 | $212 | $21 | $99 | $15 | $44 | $12 |
| Single Family | 2016 | $208 | $16 | $158 | $16 | $123 | $16 |
| Single Family Residence | 2016 | $202 | $16 | $110 | $16 | $62 | $16 |
| State Owned | 2016 | $212 | $30 | $99 | $15 | $44 | $7 |
| Store, one story | 2016 | $124 | $21 | $59 | $15 | $59 | $12 |
| Supermarket | 2016 | $124 | $21 | $59 | $15 | $59 | $12 |
| Undefined - Reserved for Use by Department of Revenue | 2016 | $124 | $16 | $59 | $16 | $59 | $16 |
| Utility | 2016 | $212 | $42 | $99 | $15 | $44 | $6 |