- 2 beds
- 2 baths
- 1,460 sqft
- 1 sqft lot
- $616 per sqft
- 1981 build
- – on site
THE VIEW FROM THE TOP on Hutchinson Island Beach - Ocean Terrace at Indian River Plantation. This bright, sunny 2BR penthouse looks out to sea over the pool deck and your secure beach gate. Only 32 units, Ocean Terrace has just completed a 2 year full-building rehab, and has passed all Milestone and SIRS exams with flying colors. Enter unit #405 from the A/C lobby, above your covered parking, and enjoy the comfort and protection of a 2023 installation of the latest whole-house impact glass system. If you desire rental income, #405 has been a good earner for over 20 years. Sold fully furnished and pre-booked for winter 2026. Owners may also enjoy the Marriott's Ocean Club, a fun option for family golf/tennis/pickleball and beach club living. Low-rise, low-density living on the beach is the best way to enjoy Hutchinson Island. Easy to see, just call...
Last checked:
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Last updated Jun 22, 2025
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MLS# M20051042 —
The Building
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Year Built:1981
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Year Built Source:Other
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Year Built Details:Resale
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Year Built Effective:2024
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Building Area Total:1600.0
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Construction Materials:Block,Concrete
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Unit Number:405
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Roof:BuiltUp
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Entry Level:4
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Stories:4
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Stories Total:4
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Exterior Features:Balcony
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Common Walls:EndUnit
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Window Features:ImpactGlass
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Patio And Porch Features:Balcony,Screened
Interior
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Interior Features:DualSinks,SeparateShower
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Rooms Total:3
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Furnished:Furnished
Room Dimensions
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Living Area:1460.0
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Living Area Source:Owner
Financial & Terms
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Ownership:Fee Simple
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Possession:CloseOfEscrow
Location
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Latitude:27.212719
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Longitude:-80.173787
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Subtype Additional:Condominium
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Property Condition:Resale
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Lot Size Area:1.6432
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Lot Size Acres:1.6432
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Lot Size Units:Acres
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Parcel Number:313742091001040508
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Waterfront Features:OceanAccess,OceanFront
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View:true
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View:Ocean
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Waterfront:true
Listing Agent
- Contact info:
- Agent phone:
- (772) 708-7506
- Office phone:
- (772) 225-0110
Taxes
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Tax Year:2024
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Tax Annual Amount:8777.0
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Tax Legal Description:OCEAN TERRACE BLDG 1 UNIT 405
Beds
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Total Bedrooms:2
Baths
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Total Baths:2
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Full Baths:2
Heating & Cooling
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Heating:Central,Individual
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Cooling:CentralAir
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Cooling:true
Utilities
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Utilities:ElectricityConnected
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Electric:Volts110,Volts220
The Community
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Subdivision Name:Ocean Terrace Ph 01 Condo Irp
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Community Features:Barbecue,Beach,BicycleStorage,ClubMembershipAvailable,Elevator,Marina,NonGated,Park,Pool,StorageFacilities,StreetLights,TrashChute
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# of Units In Community:32
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Association:true
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Association Amenities:Elevators
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Association Fee:1225.0
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Association Fee Includes:AssociationManagement,CableTv,Insurance,Internet,LegalAccounting,MaintenanceStructure,PestControl,Pools,ReserveFund,Sewer,Security,Trash,Water
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Senior Community:false
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Spa:false
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Pool Features:Community
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Pool Private:false
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Pets Allowed:NumberLimit,SizeLimit,Yes
Parking
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Parking Total:1.0
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Parking Features:Assigned,Covered,Guest
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Covered Spaces:1.0
Monthly cost estimate

Asking price
$900,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,819
|
Taxes | $731 |
Insurance | $247 |
Utilities | $124 See report |
Total | $5,921/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.