$600,000

1200 Magnolia Dr Indialantic, FL 32903

$7,125
Closing credit¹
3 beds
2 full
1,500 sqft
0.4 acres
$400 / sqft
House

Property details

About 1200 Magnolia Dr

Situated in the sought-after SOFA District—just between Ocean and Fifth—this property presents a rare opportunity to either completely renovate or start anew with a custom build. The true value lies in the expansive land, surrounded by other custom estate homes on generous lots. Located just half a block from Orlando Park and a short stroll to the beach, it offers a peaceful, non-through street setting within a beautiful residential enclave. Enjoy close proximity to the Melbourne Causeway, as well as an array of shops and dining options, making this an ideal location to bring your vision to life. Whether you envision a modern coastal retreat or a timeless estate, this prime parcel offers endless potential in one of the area's most desirable neighborhoods. With its unbeatable combination of location, lot size, and surrounding custom homes, this is a rare chance to create something truly exceptional just moments from the sand, sea, and vibrant heart of the community.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air
Size1,500 sqft
Lot size0.44 Acres
Year built1955
ParkingAttached,Garage
MLS #1046147
Attached garage2 spaces

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Electric Range, Refrigerator
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached,Garage
  • Heating: Central
  • Cooling: Central Air
  • List Price: $600,000
  • Price/SqFt: $400
  • Annual Tax Amount: $7,718
  • Tax Year: 2023
  • Lot: Few Trees
  • Directions: Highway A1A N/S to Miami Ave Turn West on Miami Ave Turn right on Magnolia Dr.
  • Year Built: 1955
  • Stories: 1
  • Living Area: 1,500 SqFt
  • Lot Size: 0.44 Acres
  • MLS Number: 1046147
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Compass Florida LLC
  • Office Phone: (321) 422-2160
  • Office Email: BrokerFL@compass.com
  • Listing Agent: Carolyn Smith

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial perspective of suburban area featuring a large body of water

$600,000

1200 Magnolia Dr

$7,125

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$498,260$7,718
2022$466,180$6,785
2021$352,580$6,164
2020$305,500$5,660
2019$315,790$6,076
2018$319,400$5,661
2017$321,690$5,661

History based on county public records data.

Nearby schools

10

Indialantic Elementary School

Public District KG-6

1.3 mi

1050 N Palm Ave

9

Gemini Elementary School

Public District KG-6

2.1 mi

2100 Oak St

2

University Park Elementary School

Public District PK-6

3.7 mi

500 W University Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $82,853. The majority of Indialantic, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

22%
<35k
34%
35k-100k
25%
100k-200k
19%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
5%
Single, with Kids
36%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
7%
12-17 yrs old
13%
18-34 yrs old
46%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • Boston MarketBoston Market

What do the neighbors drive?

  • MazdaMazda
  • LincolnLincoln
  • VolvoVolvo

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1200 Magnolia Dr

The listing price of 1200 Magnolia Dr property is $600,000.

The property 1200 Magnolia Dr is a house located in Indialantic, Florida, 32903.

Accepting Backup Offers: 1200 Magnolia Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 1200 Magnolia Dr are: Indialantic Elementary School (GreatSchools Rating 10/10), Gemini Elementary School (GreatSchools Rating 9/10), University Park Elementary School (GreatSchools Rating 2/10), Hoover Middle School (GreatSchools Rating 5/10), Stone Magnet Middle School (GreatSchools Rating 2/10), Palm Bay Academy Charter School (GreatSchools Rating 3/10), Melbourne High School (GreatSchools Rating 5/10), Palm Bay Magner High School (GreatSchools Rating 3/10), West Shore Junior/Senior High School (GreatSchools Rating 10/10).

According to the records, the last property tax for 2023 is $7,718 (source: MLS/based on county public records data).

The property at 1200 Magnolia Dr has 3 bedrooms and 2 bathrooms.

The property 1200 Magnolia Dr is 1,500 SqFt (source: MLS/tax record).

The year of construction for 1200 Magnolia Dr is 1955.

This home is located at 1200 Magnolia Dr in Indialantic, FL and zip code 32903 in the Indialantic By The Sea neighborhood. This 1,500 square foot home, which was built in 1955, sits on a 0.44 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $600,000.

Indialantic, FL housing market in April 2025 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 15 sold below. In April 2025 in Indialantic, FL there were 7.1% more homes for sale than in March. In April 2025, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $632,500.

From Rocket Homes Real Estate and based on county public records data.

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