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$875,000

Beds
5
Baths
3.5
sq ft
3,430

505 Sanderling Dr, Indialantic, FL 32903

505 Sanderling Dr

Indialantic, FL 32903

  • 1 day on market
    • Open house Apr 06
Nestled in The Sanctuary, one of Indialantic's most sought-after gated communities, this move-in-ready 5-bedroom, 4-bathroom home blends space, style, and convenience. With 3,430 sq. ft. of living space on a 0.28-acre lot, the home features an exceptionally open floor plan, soaring high ceilings, and abundant natural light. Designed for flexibility, it offers two primary suites (one upstairs, one downstairs) plus a dedicated home office. The chef's kitchen features granite countertops and a gas cooktop, balancing elegance and function. Step outside to an in-ground saltwater pool, framed by lush landscaping and two private balconies—ideal for embracing the Florida lifestyle. The exterior is built to last, featuring a clay tile roof (2007) with a 50-100-year lifespan, a newly updated flat roof (2023), and hurricane shutters for every opening. Additional highlights include a two-car garage,two HVAC systems (2019, 2020), and a new water heater (2023) for efficiency and reliability. The Sanctuary provides 24/7 security, a clubhouse, a playground, and tennis courts, creating a vibrant community atmosphere. Just one minute from the beach, this home is also close to major airports and offers front-row views of rocket launches. A rare blend of luxury, comfort, and unbeatable location, this home is ready for its next owner.

Details

Property type

Single Family Residence

Est. home value

$1,019,805

Lot size

0.28 acres

Price per sq ft

$256

Year built

1990

Annual property taxes

$14,149

Monthly HOA fee

$174.33

Price History

04/03/2025
BrevardMLS

BrevardMLS #1042054

Listed
$875,000
-2.67%
01/24/2025
BrevardMLS

BrevardMLS #1011956

Removed
$899,000
08/09/2024
BrevardMLS

BrevardMLS #1011956

Price change
$899,000
-5.37%

Schools & Community

Elementary school: 

Indialantic

Middle school: 

Hoover

High school: 

Melbourne

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$150,578
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$654,422
Cash to seller
$150,578

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Home Mortgage Corp

Loan start date

December 2021

Original loan amount

$704,000

Est. remaining balance

$654,422

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Derek Natcher

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/04/2025 at 7:20 PM

Listing updated: 04/04/2025 at 9:15 AM

Listed by: James Stephen Dandridge, One Sotheby's International Phone #: (321) 984-3135

MLS: BrevardMLS #1042054

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