37
Map
$689,000
↓ $11K (1.6%)
●
House -
For Sale
121 Algonquin Terrace
Indian Harbour Beach, FL 32937
4 Beds
3 Baths
2,160 Ft²
$3,925
Est. Monthly
About This Property
$10,000* contribution for buyers Closing costs concessions or rate
buy down. Rare dual-primary pool home on the Indian Harbour Beach
barrier island! This 4-bedroom, 3-bath home features two private
primary suites, a resort-style pool with a custom pergola lounge,
and no mandatory HOA-ideal for multigenerational living, guests, a
home office, or short-term rental potential. With 2,100+ square
feet, paid-off solar panels, and a metal roof, it offers comfort
and efficiency. Just minutes from Canova Beach, Gleason Park,
Patrick Space Force Base, and top-rated Brevard County schools,
this property is perfectly positioned for full-time living,
vacation rentals, or investment.
Unit Size
2,160 Ft²
Days on Market
179 days
Land Size
0.22 acres
Price per sqft
$319
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1963
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Beaches MLS #B26030853)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2026 | Price Decreased |
$689,000
↓ $11K
(1.6%) | |
| Price Decreased | |||
| Jun 13, 2026 | Price Decreased |
$699,999
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Jun 1, 2026 | Price Decreased |
$719,999
↓ $9K
(1.2%) | |
| Price Decreased | |||
| May 20, 2026 | Listed by Denovo Realty | $729,000 | |
| Listed by Denovo Realty | |||
| Apr 10, 2026 | Listed by Denovo Realty | $729,000 | |
| Listed by Denovo Realty | |||
   | |||
|
SELLER OFFERS *$10,000* toward buyers closing costs/rate buy down. PERFECT SHORT TERM RENTAL opportunity! Two primary suites. A resort-style pool. NO HOA here, gives you peace and freedom! This 4 bed, 3 bath pool home offers over 2,100 sqft the heart of IHB, This home is positioned to capture Space Coast tourism demand, Patrick Space Force Base TDY and relocation traffic, and the growing wave of remote workers seeking Florida weeks-at-a-time. The dual-primary floor plan delivers two separate suites with private baths, giving you real flexibility for guests, a private wing, or a dedicated home office. Outside is where this one separates itself. The fully pavered backyard is built for year-round living: a sparkling pool, a custom pergola-covered lounge, a covered patio for shaded entertaining, and dedicated storage for beach gear and outdoor essentials. Low maintenance, high enjoyment. Smart ownership costs, too. A metal roof and fully paid-off solar panels keep utility bills low. Step outside to a true resort-style backyard designed for year-round enjoyment. The fully pavered outdoor space offers low maintenance living and is complemented by a covered patio, a pergola for shaded entertaining, and ample room for relaxing or hosting. Additional storage provides convenience for beach gear and outdoor essentials.This home also stands out for its efficiency and long-term value, featuring a metal roof and fully paid-off solar panels, helping to keep utility costs low. Located just moments from the beach and with direct access to the Algonquin Sports Complex, you'll enjoy the best of an active, coastal lifestyle right outside your door. With no HOA restrictions limiting use, this property also presents a compelling opportunity for short-term rental income or a seasonal beachside retreat. Whether you're looking for a primary residence, a flexible living arrangement, or an investment opportunity, this Indian Harbour Beach home delivers on lifestyle, function, and location. Beach proximity, pool, privacy, and space, all at one address.
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Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Circular Driveway, Driveway, Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 3
Interior Features: Walk-In Closet(s), MainLevelPrimary, MultiplePrimarySuites, SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer
Flooring Type: Laminate, Tile, Vinyl, Wood
Laundry Features: Washer Hookup, Inside, Laundry Room, In Unit
Rooms: 3
Exterior Details
Square Footage: 2160
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Resale
Architectural Style: A-Frame, Ranch
Year Built: 1963
Building Area Total: 2410
Levels: One
Other Structures: Gazebo, Outbuilding, Shed(s), Storage
Construction Materials: Concrete, Stucco
Patio and Porch Features: Patio, Porch
Pool Features: Fenced, In Ground, Private
Pool is Private
Lot Features: LessThanQuarterAcre
Lot Size Area: 9583.2
Lot Size Units: Square Feet
Lot Size Acres: 0.22
Lot Size Square Feet: 9583.2
Water Source: Public
Financial Details
Tax Assessed Value: $443,340
Tax Annual Amount: $6,498
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indian Harbour Brach
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Listed by: Garrett Bell
Denovo Realty
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26030853
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Denovo Realty
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26030853
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