505 S Miramar Avenue, 2403

Penthouse Perfection on the Indialantic Shoreline

An Elevated Coastal Lifestyle

Perched atop the highly sought-after Magnolia Key community, this oceanfront penthouse redefines what it means to live by the sea. With three bedrooms, two baths, and an open, airy layout, this sophisticated residence offers uninterrupted views of the Atlantic, soaring ceilings, and refined coastal design in the heart of Indialantic’s exclusive SOFA (South of Fifth Avenue) district. Built in 2006, the building presents a rare blend of structural integrity and aesthetic charm, all just moments from Fifth Avenue’s dining, shopping, and beachfront attractions. Whether you’re searching for a year-round retreat or a luxe lock-and-leave vacation haven, this home captures the essence of elevated beachside living.

Stylish, Streamlined & Open

The kitchen, a true focal point of the home, offers both visual appeal and smart functionality. Granite countertops stretch across the perimeter and center island, creating ample prep space and casual seating for everyday dining or entertaining. Bright white cabinetry with sleek black hardware creates crisp contrast, while stainless appliances—including a gas range, built-in microwave, and French-door refrigerator—offer modern convenience. The adjacent bar area adds extra flair, outfitted with glass-front upper cabinets, a wine glass rack, and additional undercounter storage beside the full-size dishwasher.

Ceiling height soars to nine feet, with layered tray detailing that draws the eye upward. Recessed lighting and a dramatic circular chandelier bring character and warmth to the heart of the home. Flowing easily into the dining and living areas, the open concept design is framed by soft ceramic tile flooring, oversized baseboards, and wide walls that invite natural light to travel freely through the space. A mirrored accent wall in the dining area not only reflects the ocean view, but also enhances the feeling of spaciousness and connection between each room.

A Thoughtful Split Plan

Privacy is preserved thanks to the home’s split bedroom layout, offering separation between the primary suite and guest accommodations. The owner’s suite is a front-row experience to the ocean, with large picture windows and direct terrace access inviting sea breezes and morning sun. The bedroom is generously proportioned to accommodate oversized furnishings, and offers a warm blend of wood-toned LVP floors, custom blinds, and a walk-in closet fitted with organized shelving.

In the primary bath, luxury meets function with granite-topped dual vanities, a relaxing jetted soaking tub, and a glass-enclosed walk-in shower with built-in seating and dual showerheads. A seated makeup vanity provides a stylish and practical touch, while the oversized mirror and recessed lighting create a bright, spa-like ambiance. Thoughtful finishes—from soft-close cabinetry to brushed nickel fixtures—round out the polished look.

On the opposite side of the home, two spacious guest bedrooms provide restful retreats. One offers plantation shutters, a whitewashed aesthetic, and soft natural tones, while the other is anchored by a dramatic four-poster bed and traditional furniture for a bolder, more curated atmosphere. These bedrooms share a full guest bath featuring granite counters, ample storage, and a beautifully tiled walk-in shower.

Ocean Views, Resort Amenities & Location Perfection

Every inch of this residence has been carefully curated to elevate the everyday. From the moment you step onto the private terrace, the sound of crashing waves and the scent of salt air welcome you home. This expansive covered balcony offers ample room for lounging or al fresco dining, creating a true outdoor living experience just steps from the ocean. The views stretch for miles, with unspoiled coastline to the north and south, and nothing but water straight ahead.

Beyond the residence itself, Magnolia Key offers a well-rounded collection of amenities to support your beachside lifestyle. The resurfaced pool and hot tub spa (2021) provide a refreshing escape year-round, while the outdoor natural gas grill, furnished clubhouse, and updated fitness room create inviting spaces for community and relaxation. With climate-controlled storage, two assigned garage parking spots, and secure elevator access, convenience is baked into every detail. And thanks to its prime location, you're just minutes from coffee at Starbucks, seafood at Skewers, fine dining at Scott’s on Fifth, and classic pizza at Bizzarro’s. Everything you love about Indialantic is just a stroll away.

This is more than a penthouse—it’s a front-row seat to Florida’s coastal lifestyle at its finest.

Highlights You'll Love

• Breathtaking ocean views from the top-floor penthouse unit

• Impact windows & sliders, new roof (2021), new AC (2020), new tankless gas water heater (2023)

• Spacious kitchen w/ granite, gas stove, pantry & bar service station

• Primary suite w/ jetted tub, walk-in shower, dual vanities, and custom closet

• Two garage parking spaces + private climate-controlled storage

• Pool, spa, grill deck, fitness center, clubhouse, and pet-friendly community
  
  

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