2005 Atlantic St Unit 424 Melbourne Beach, FL 32951
Melbourne Beach Neighborhood
3
Beds
2
Baths
2,300
Sq Ft
$1,054/mo
HOA Fee
Highlights
- Community Beach Access
- Ocean Front
- 24-Hour Security
- Gemini Elementary School Rated A-
- Fitness Center
- In Ground Pool
About This Home
As of August 2024Welcome to luxury living at The Breakers, where you'll find this NEWLY RENOVATED (2023), FULLY FURNISHED TURNKEY OCEANFRONT PENTHOUSE. Situated in Melbourne Beach's premier development, this boutique condo offers an exclusive location on a secluded stretch of Melbourne Beach. Watch rocket launches from 3 expansive balconies. Step into pure luxury as you enter this split-level penthouse featuring a 20' foyer ceiling, 3 bedrooms, 2 baths, a large front patio, 3 balconies, 2 massive indoor parking spaces, owner's storage closet, and 20 guest parking spaces! The interior boasts refined elegance with a stunning kitchen equipped with quartz countertops, Bosch appliances, an induction cooktop, and panoramic ocean views. A private rear entry door provides direct beach and pool access. Ascend the floating staircase to a spacious primary suite, with a lavish steam shower, electric window shades, LED backlit mirrors, private east and west-facing balconies, and high-end finishes throughout. . Every detail has been meticulously crafted, from the floating staircase, electric shades, and hurricane shutters, custom carpentry, LED lighting, sophisticated decor, and Restoration Hardware furnishings. Community amenities include a pool, fitness center, clubhouse, putting green, and tennis courts. Located near downtown Melbourne Beach and near the Melbourne International Airport, with fine dining and nightlife just steps away, this condo epitomizes luxury coastal living at its best. Show by appointment only.
Last Agent to Sell the Property
One Sotheby's International License #3414010 Listed on: 04/18/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,129
Year Built
- Built in 1981
Lot Details
- Ocean Front
- Property fronts a state road
- West Facing Home
- Privacy Fence
- Vinyl Fence
HOA Fees
- $1,054 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
- Secured Garage or Parking
- Additional Parking
- Assigned Parking
- Secure Parking
Property Views
- Ocean
- Beach
- River
Home Design
- Contemporary Architecture
- Membrane Roofing
- Concrete Siding
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 2,300 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Entrance Foyer
- Tile Flooring
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Microwave
- Freezer
- Dishwasher
- Wine Cooler
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Dual Closets
- 2 Full Bathrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Home Security
Eco-Friendly Details
- Energy-Efficient Windows
Pool
- In Ground Pool
- Fence Around Pool
Outdoor Features
- Property has ocean access
- Deeded access to the beach
- Balcony
- Covered patio or porch
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 28-38-08-00-00527.1-0000.00
Community Details
Overview
- Association fees include cable TV, insurance, ground maintenance, maintenance structure, pest control, sewer, trash, water
- The Breakers Association, Phone Number (321) 727-0007
- The Breakers Condo Ph I Subdivision
- Maintained Community
- Car Wash Area
Amenities
- Clubhouse
- Elevator
- Community Storage Space
Recreation
- Community Beach Access
- Tennis Courts
- Pickleball Courts
- Fitness Center
- Community Pool
Pet Policy
- Pets Allowed
Security
- 24-Hour Security
- 24 Hour Access
- Hurricane or Storm Shutters
- High Impact Windows
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2024
Closed on
Aug 9, 2024
Sold by
Falco Ernest and Falco Michaela
Bought by
Parr Joseph D
Seller's Agent
James Edmunds
One Sotheby's International
Buyer's Agent
James Edmunds
One Sotheby's International
List Price
$1,595,000
Sold Price
$1,300,000
Premium/Discount to List
-$295,000
-18.5%
Total Days on Market
63
Views
38
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
-$77,273
Avg. Annual Appreciation
-7.20%
Original Mortgage
$766,000
Outstanding Balance
$760,056
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$462,671
Purchase Details
Listed on
Jan 2, 2021
Closed on
Mar 1, 2021
Sold by
Piercey Kenneth A and The Patricia M Wenk 2019 Trust
Bought by
Falco Ernest and Falco Michaela
Seller's Agent
Monica McKune
Keller Williams Realty Brevard
Buyer's Agent
Alice Adkins
A2Z Realty Group
List Price
$625,000
Sold Price
$645,000
Premium/Discount to List
$20,000
3.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.60%
Original Mortgage
$505,600
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 8, 2019
Sold by
Wenk Patricia M
Bought by
Wenk Patricia M and Patricia M Wenk 2019 Trust
Similar Homes in Melbourne Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,300,000 | Alliance Title | |
| Warranty Deed | $645,000 | Foundation Ttl & Setmnt Svcs | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $766,000 | New Conventional | |
| Previous Owner | $31,746 | Credit Line Revolving | |
| Previous Owner | $505,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2024 08/09/24 | Sold | $1,300,000 | -13.0% | $565 / Sq Ft |
| 06/21/2024 06/21/24 | Pending | -- | -- | -- |
| 06/12/2024 06/12/24 | Price Changed | $1,495,000 | -6.3% | $650 / Sq Ft |
| 04/18/2024 04/18/24 | For Sale | $1,595,000 | 0.0% | $693 / Sq Ft |
| 12/16/2023 12/16/23 | Off Market | $32,120 | -- | -- |
| 12/01/2023 12/01/23 | Rented | $32,120 | +394.2% | -- |
| 09/15/2023 09/15/23 | Under Contract | -- | -- | -- |
| 09/01/2023 09/01/23 | For Rent | $6,500 | 0.0% | -- |
| 03/02/2021 03/02/21 | Sold | $645,000 | +3.2% | $280 / Sq Ft |
| 01/07/2021 01/07/21 | Pending | -- | -- | -- |
| 01/02/2021 01/02/21 | For Sale | $625,000 | -- | $272 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $9,129 | $634,310 | $0 | $0 |
| 2022 | $9,003 | $615,840 | $0 | $0 |
| 2021 | $8,672 | $517,180 | $0 | $517,180 |
| 2020 | $8,622 | $512,260 | $0 | $512,260 |
| 2019 | $8,016 | $463,450 | $0 | $463,450 |
| 2018 | $7,961 | $453,610 | $0 | $453,610 |
| 2017 | $7,888 | $445,040 | $0 | $445,040 |
| 2016 | $8,279 | $445,040 | $0 | $0 |
| 2015 | $8,080 | $411,440 | $0 | $0 |
| 2014 | $7,234 | $374,040 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
James Edmunds
Seller's Agent in 2024
James Edmunds
One Sotheby's International
(321) 349-5068
8 in this area
35 Total Sales
-
Monica McKune
Seller's Agent in 2021
Monica McKune
Keller Williams Realty Brevard
(321) 405-2897
3 in this area
257 Total Sales
-
Alice Adkins
Buyer's Agent in 2021
Alice Adkins
A2Z Realty Group
(407) 710-7770
1 in this area
41 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1011324
APN: 28-38-08-00-00527.1-0000.00
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