The Reef
Condos for Sale in Indialantic, FL
All 102 homes for sale in Indialantic, FL · median $549,500 · 52 condos for sale in Indialantic · 105 homes for sale in 32903 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 2026, the MLS records 56 closed sales in The Reef Condo in Indialantic, FL since 2004, the most recent in August 2026. Recorded prices since 2024 ran from $520,000 to $690,000 (median $581,000), on homes of 1,337 to 1,337 sq ft. Across Indialantic as a whole, 65 homes closed in the last 12 months at a median of $627,100, 59 median days on market, with 25 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $9,070 ($8,440 with the full homestead exemption).
| Location | Indialantic, Brevard County, FL · ZIP 32903 |
|---|---|
| Homes in the community | 45 (FL DOR 2025 assessment roll) |
| Years built | 1975–2024 (median 1996) |
| Typical living area | 1,885 sq ft (median) |
| Amenities listed by sellers | Beach Access, Clubhouse, Elevator(s), Entry Phone/Intercom, Maintenance Grounds, Maintenance Structure |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 31% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “The Reef Condo key facts,” movewithmomentum.com/neighborhoods/the-reef-condo, data as of September 20, 2026.
The Reef Condo sits in Indialantic, a barrier-island town in Brevard County. With no community amenities identified in current MLS listings, price here is driven by the fundamentals that matter most in a beachside condo: the specific unit, its condition, its floor and exposure, and what the building's reserves and association look like on paper.
Our snapshot draws on a thin closings window, so treat any single data point as a starting question rather than a settled answer. For a buyer, that means leaning hard on due diligence — the condo docs, the reserve study, and the assessment history will tell you more than a headline number. For a seller, it means condition and presentation carry the pricing conversation.
Nearby homes for sale
No active listings inside The Reef right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
The Reef Condo is a small-footprint, amenity-light building in Indialantic where value tracks the individual unit and the health of the association rather than shared features on site.
Space Coast MLS sales records identify 22 homes in The Reef Condo that have changed hands since 2013, built between 1979 and 1979 (median 1979), with a median living area of about 1,337 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 6 qualified sales in The Reef Condo across 2024–2025 (5 in 2024, 1 in 2025), median $1.59M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who The Reef Condo is best for.
Best for
- Buyers set on a barrier-island Indialantic location who don't need shared amenities
- Right-sizers wanting a low-overhead condo footprint
- Value-minded buyers willing to update a unit and do the association homework
Probably not for
- Buyers who want a pool, fitness center, or other resort-style features on site
- Buyers who need a deep set of recent comparable sales before committing
- Buyers unwilling to scrutinize reserves and potential assessments
The market around The Reef Condo
The Reef Condo is too small for its own price trend, so here is the market around it.
In ZIP 32903, 152 homes are on the market and 24% are under contract — a steady corner of Indialantic.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
In ZIP 32903 (Indialantic), 76 homes closed in the last 12 months at a median of $475K ($291/sq ft), up 1.6% year over year, with a median 56 days on market. Right now 22 active and 5 pending listings put supply at about 6.5 months — a buyer's market. See the live ZIP 32903 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not The Reef Condo specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in The Reef Condo, Indialantic
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
The The Reef Condo buying strategy.
If we were buying in The Reef Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in The Reef Condo.
A condition-driven condo market
With no amenities to underwrite a premium, the spread between units at The Reef comes down to condition, layout, and location within the building. Two units in the same footprint can price very differently depending on updates, exposure, and how the space is presented — that is where a realistic valuation lives.
Because we are working from a limited closings window, the association is the story that deserves the most attention. Read the budget, the reserves, and any pending or recent assessments before you anchor to price. In an amenity-light building, a well-funded, well-run association is the feature that protects your investment.
The location and the amenities are priced into every listing in The Reef Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A thin data set is exactly where local read matters. We price The Reef unit by unit, pressure-test the condo docs and reserves before you commit, and tell you plainly when the association math or the condition doesn't support the ask — on either side of the deal.
The Reef Condo in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $650/month (about $7,800/yr) · median of 32 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $650 per month ($7,800 a year) — the median AssociationFee across 32 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a The Reef Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed The Reef Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Reef Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your The Reef Condo home worth?
Get a no-obligation home value based on real comparable sales in The Reef Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Indialantic →
Recently off market in The Reef Condo
Homes in The Reef Condo that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 1095 N Highway A1a #203 · off market
Frequently Asked Questions
How many homes are in The Reef Condo?
What share of The Reef Condo is owner-occupied?
When were the homes in The Reef Condo built?
Who is the best real estate agent for The Reef Condo?
How do I find a top Indialantic real estate agent who knows The Reef Condo?
Can Momentum Realty connect me with an agent for The Reef Condo?
Where is The Reef, and what county is it in?
Should you buy in The Reef Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32903)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (56 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how The Reef Condo fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near The Reef with Momentum Realty’s local guides.