Seller's Agent in 2025
Teresa Ferrara
RE/MAX
(321) 626-4192
92 in this area
159 Total Sales
1575 Timacuan Dr Melbourne, FL 32940
Estimated Value: $451,356 - $475,000
3
Beds
2
Baths
1,781
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- Lake Front
- Active Adult
- Open Floorplan
- Fitness Center
- Gated Community
- Clubhouse
About This Home
As of December 2025Offering turnkey comfort & style, this move-in ready home boasts a brand-new A/C, 2022 roof, modernized cabinetry & pristine new flooring. Welcome to your dream home in one of the most sought-after 55+ gated communities. This impeccably maintained & thoughtfully updated residence is perfectly situated on a premium lakefront lot, offering expansive views of the longest stretch of the lake with a tranquil nature preserve as your backdrop — a truly serene & picturesque setting. Step inside to discover a bright, open floor plan with soaring ceilings & luxury vinyl plank flooring throughout the main living areas, complemented by tile in the kitchen & bathrooms — no carpet. The heart of the home is a spacious kitchen featuring elegant white cabinetry with new drawer & door fronts & newer appliances, including a natural gas range. Overlooking the dining and great rooms, this layout ensures the chef is always part of the conversation — perfect for entertaining. Enjoy uninterrupted sight lines from the moment you walk through the front door, straight through the great room to the under-truss screened porch and out across the water. The spacious owner's suite boasts peaceful water views, while a private hallway leads to two guest bedrooms and a well-appointed guest bathroom. Additional highlights include updated lighting and ceiling fans, and accordion storm shutters for peace of mind. Residents of this vibrant 55+ community enjoy resort-style amenities, including a clubhouse with a heated pool & spa, fitness center, pickleball & bocce/tennis courts, plus a full calendar of social events like movies, trivia nights, concerts, & more! The HOA takes care of lawn maintenance, irrigation, & even exterior painting, so you can spend more time enjoying life. All of this is conveniently located just minutes from top-rated shopping, dining, & everyday essentials. This home truly offers the perfect blend of comfort, style, and low-maintenance living in a vibrant, amenity-rich community. Don't miss this rare opportunity to own one of the best lots in the neighborhood - schedule your private showing today!
Last Agent to Sell the Property
RE/MAX Aerospace Realty License #3361554 Listed on: 08/31/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,818
Year Built
- Built in 2001
Lot Details
- 6,098 Sq Ft Lot
- Lake Front
- Southwest Facing Home
- Front and Back Yard Sprinklers
HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
Property Views
- Lake Views
- Views of Preserve
Home Design
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stone Veneer
Interior Spaces
- 1,781 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Entrance Foyer
- Screened Porch
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Gas Range
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Security Gate
- Hurricane or Storm Shutters
Schools
- Quest Elementary School
- Viera Middle School
- Viera High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 25-36-34-75-0000c.0-0023.00
- Community Development District (CDD) fees
- $504 special tax assessment
Community Details
Overview
- Active Adult
- Association fees include ground maintenance, maintenance structure
- Grand Isle HOA Leland Management Association
- Grand Isle Phase 1 Viera N Pud Parcel U X Subdivision
- On-Site Maintenance
- Maintained Community
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Tennis Courts
- Pickleball Courts
- Shuffleboard Court
- Fitness Center
- Community Pool
- Community Spa
- Park
- Jogging Path
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2025
Closed on
Dec 8, 2025
Sold by
Farinacci Rick N and Farinacci Debra L
Bought by
Rice Jennifer
Seller's Agent
Teresa Ferrara
RE/MAX Aerospace Realty
Buyer's Agent
Mitchel Robertson
Watson Realty Corp
List Price
$515,000
Sold Price
$475,000
Premium/Discount to List
-$40,000
-7.77%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,867
Avg. Annual Appreciation
-4.71%
Purchase Details
Closed on
Jul 20, 2022
Sold by
Farinacci Rick N and Farinacci Debra L
Bought by
Farinacci Rick N and Farinacci Debra L
Purchase Details
Listed on
Jul 17, 2018
Closed on
Sep 28, 2018
Sold by
Schmidt James M and The James M Schmidt Living Tru
Bought by
Farinacci Rick N and Farinacci Debra L
Seller's Agent
Teresa Ferrara
RE/MAX Aerospace Realty
Buyer's Agent
Teresa Ferrara
RE/MAX Aerospace Realty
List Price
$325,000
Sold Price
$314,900
Premium/Discount to List
-$10,100
-3.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$160,000
Interest Rate
4.5%
Purchase Details
Closed on
Jul 6, 2012
Sold by
Schmidt James M and Schmidt Joan Bishop
Bought by
Schmidt James M and James M Schmidt Living Trust
Purchase Details
Closed on
Jun 30, 2005
Sold by
Eitel Paul and Eitel Billie Ann
Bought by
Schmidt James M and Bishop Joan
Purchase Details
Closed on
Feb 24, 2005
Sold by
Vermeuel Robert L and Vermeuel Marguerite
Bought by
Eitel Paul and Eitel Billie Ann
Purchase Details
Closed on
Apr 17, 2001
Sold by
Lennar Homes Inc
Bought by
Vermeuel Robert L and Vermeuel Marguerite
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 9, 1998
Sold by
Draus Thomas G
Bought by
Dixon Raymond O and Dixon Linda L
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rice Jennifer | $475,000 | Closed Atlantic Llc | |
| Farinacci Rick N | $100 | None Listed On Document | |
| Farinacci Rick N | $314,900 | Supreme Title Closings Llc | |
| Schmidt James M | -- | Attorney | |
| Schmidt James M | $318,000 | Security First Title Partner | |
| Eitel Paul | $291,000 | Alliance Title Brevard Llc | |
| Vermeuel Robert L | $161,900 | -- | |
| Dixon Raymond O | $159,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Farinacci Rick N | $160,000 | |
| Previous Owner | Vermeuel Robert L | $129,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | Sold | $475,000 | -5.9% | $267 / Sq Ft | |
| 11/15/2025 11/15/25 | Pending | -- | -- | -- | |
| 10/07/2025 10/07/25 | Price Changed | $505,000 | -1.9% | $284 / Sq Ft | |
| 08/31/2025 08/31/25 | For Sale | $515,000 | +63.5% | $289 / Sq Ft | |
| 09/28/2018 09/28/18 | Sold | $314,900 | -3.1% | $177 / Sq Ft | View Prior Sale |
| 07/29/2018 07/29/18 | Pending | -- | -- | -- | |
| 07/17/2018 07/17/18 | For Sale | $325,000 | -- | $182 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,861 | $274,760 | -- | -- |
| 2024 | $3,818 | $267,020 | -- | -- |
| 2023 | $3,818 | $259,250 | $0 | $0 |
| 2022 | $3,598 | $251,700 | $0 | $0 |
| 2021 | $3,805 | $244,370 | $0 | $0 |
| 2020 | $3,814 | $241,000 | $0 | $0 |
| 2019 | $3,767 | $235,590 | $0 | $0 |
| 2018 | $2,241 | $161,830 | $0 | $0 |
| 2017 | $2,246 | $158,510 | $0 | $0 |
| 2016 | $2,241 | $155,250 | $62,000 | $93,250 |
| 2015 | $2,299 | $154,180 | $54,000 | $100,180 |
| 2014 | $2,301 | $152,960 | $54,000 | $98,960 |
Source: Public Records
Agents Affiliated with this Home
-
Teresa Ferrara
-
Mitchel Robertson
Buyer's Agent in 2025
Mitchel Robertson
Watson Realty Corp
(218) 780-1990
13 in this area
30 Total Sales
-
J
Seller Co-Listing Agent in 2018
Joseph Ferrara
Surfside Properties & Mgmt.
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1055945
APN: 25-36-34-75-0000C.0-0023.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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