Steeve Cadeau
$689,000$729,0004 bd3 ba2,160 sqft$319 /sqft$4,678 /mo all-in ↓

121 ALGONQUIN TERRACE, INDIAN HARBOUR BEACH, FL, 32937

Active76 days on marketListed May 20, 2026MLS #O6407877

Reduced $40KPrivate poolSingle Family ResidenceINDIAN HARBOUR BEACH SEC 7 LOT 5

About this home

121 ALGONQUIN TERRACE

Tucked into the sought-after barrier island community, experience this rare blend of flexibility, accessibility, and coastal lifestyle living. This thoughtfully designed 4-bed, 3-bath pool home features a unique layout with two private suites, making it ideal for multigenerational living, guests, or income-producing potential. Inside, the home is designed with comfort and accessibility in mind, featuring wide doorways and a handicap-accessible bathroom that allows for ease of movement without compromising style. Both suites are spacious retreats for a spa-like experience at home. Multiple living areas, including a welcoming sitting room and separate living room, create the perfect balance of openness and privacy. The kitchen anchors the home with generous space for gathering and entertaining, while the adjacent dining area flows seamlessly for everyday living or hosting. Natural light fills the home, enhancing its warm and inviting feel. 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. A circular driveway provides both curb appeal and practical parking for multiple vehicles. 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.

Facts & features

The home at a glance

4

Bedrooms

3

Bathrooms

2,160

Sqft

0.22 ac

Lot size

1

Garage

1963

Year built

One

Levels

$319

Per sqft

Private poolPets allowed

Inside

FlooringLaminate · Tile
AppliancesDishwasher · Disposal · Microwave · Range · Refrigerator · Tankless Water Heater
InteriorCeiling Fan(s) · Eating Space In Kitchen · Open Floorplan · Split Bedroom
LaundryElectric Dryer Hookup
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofMetal
ConstructionConcrete · Stucco
FoundationSlab
FacesSouth
ExteriorHurricane Shutters

Community & fees

Taxes (2025)$6,498/yr
PetsYes

Utilities & systems

UtilitiesCable Available · Electricity Connected · Sewer Connected · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$4,678 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,718
PMI (est., until 20% equity)$258
Property tax — 2025 actual bill$541
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $68,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $68,900
Interest rate6.00%
Loan term

Estimated payment

$4,678/mo

Principal & interest$3,718
PMI (est., until 20% equity)$258
Property taxes (actual bill)$541
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Indian Harbour Beach

Map of 121 ALGONQUIN TERRACE inside its neighborhood boundary

Drive times from this address

Orlando Int’l Airport (MCO)71 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Indian Harbour Beach. See the full Indian Harbour Beach guide →

Indian Harbour Beach — neighborhood snapshot

Population

357

Median age

52

Median income

$116,450

Median home value

$395,800

Avg household

2

Households w/ children

36%

For the school run

Brevard County School District

ElementaryOcean Breeze Elementary School★★★★
HighSatellite Senior High School★★★★
MiddleHerbert C. Hoover Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Indian Harbour Beach market

Seller’s marketLeans seller4.8 months of inventoryBuyer’s market

$212K$1.1M

Indian Harbour Beach median sold, yr/yr

95.4%

Sale-to-list ratio (12 mo)

Median sold price, Indian Harbour Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 6% above the INDIAN HARBOUR BEACH 32937 median. See the full Indian Harbour Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $689,000 $40K
May 20, 2026Listed at $729,000 · 76 days on market since
1963Built · INDIAN HARBOUR BEACH SEC 7 LOT 5

Reality check

What actually sold near 121 ALGONQUIN TERRACE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1114 SEMINOLE DRIVESold · Feb ’26

$565,000

1114 SEMINOLE DRIVE

3 bd · 2 ba · 2,209 sqft · $256/sqft · 116 DOM

409 SAINT JOHNS DRIVESold · Jun ’26

$600,000

409 SAINT JOHNS DRIVE

4 bd · 2 ba · 2,109 sqft · $284/sqft · 6 DOM

1923 HIGHWAY A1A UNIT D2Sold · Sep ’25

$530,000

1923 HIGHWAY A1A UNIT D2

4 bd · 3 ba · 2,216 sqft · $239/sqft · 166 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 121 ALGONQUIN TERRACE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 121 ALGONQUIN TERRACE — before you fall in love.

See it in person

Schedule a tour

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Straight answers

121 ALGONQUIN TERRACE FAQs

What would the monthly payment be for 121 ALGONQUIN TERRACE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,678/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 121 ALGONQUIN TERRACE?+

The most recent tax bill on record (2025) was $6,498. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 121 ALGONQUIN TERRACE?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Indian Harbour Beach?+

At $689,000, this home is listed about 1% below the Indian Harbour Beach median of $694,999. The market section on this page shows how the area is trending.

Which schools are assigned to 121 ALGONQUIN TERRACE?+

Ocean Breeze Elementary School (elementary), Satellite Senior High School (high), Herbert C. Hoover Middle School (middle) — Brevard County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

02Strong assigned schools

Ocean Breeze Elementary School, Satellite Senior High School, Herbert C. Hoover Middle School — Ocean Breeze Elementary School rates 4 of 5. Always verify assignments with the district.

03The price has already moved

Listed at $729,000, now $689,000 — a $40K cut. The full history is in the market section below.

Listing courtesy of DENOVO REALTY · Garrett Bell. MLS #O6407877.

IDX 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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