NOT LISTED FOR SALE

2005 Atlantic St Unit 424 Melbourne Beach, FL 32951

Estimated Value: $836,000 - $1,115,004

3 Beds
2 Baths
2,300 Sq Ft
$1,054/ mo HOA Fee

Last Sold August 09, 2024

Last sale price $1,300,000 $565 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $6,783/month

63 Days on Market

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 2024

Welcome 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

James Edmunds

One Sotheby's International License #3414010 Listed on: 04/18/2024

One Sotheby's International

Last Buyer's Agent

James Edmunds

Dale Sorensen Real Estate Inc.

Property Details

Home Type

  • Condominium

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
  • Furnished
  • 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

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

5 Acres

HOA Fees

$1,054 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit, Upper Level
  • ResoLotFeatures: Other
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Reso View: Beach, Ocean, River
  • ResoSecurityFeatures: 24 Hour Security
  • Reso Association Amenities: Beach Access, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Pickleball, Security, Storage, Tennis Court(s)
  • Reso Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: The Breakers Condo Ph I
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Reso Other Structures: Other
  • Efficiency: Water Heater, Windows
  • Location Tax and Legal Parcel Number2: 28-38-08-00-00527.1-0000.00
  • General Property Information Living Area2: 2300.0
  • General Property Information Building Area Total3: 2600.0
  • General Property Information Lot Size Acres: 5.0
  • General Property Information Lot Size Square Feet2: 217800.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • General Property Information Stories Total: 3
  • General Property Information Association Phone: 321.727.0007
  • ViewOcean: Yes
  • Fencing Vinyl2: Yes
  • Levels MultiSplit: Yes
  • Utilities Electricity Available: Yes
  • Pool Features Fenced: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information CDD Fee YN: No
  • Association Amenities Security2: Yes
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 2
  • Laundry Features Upper Level: Yes
  • Architectural Style Contemporary: Yes
  • Waterfront Features Deeded Beach Access: Yes
  • Road Frontage Type State Road: Yes
  • Fencing Privacy: Yes
  • View Beach: Yes
  • Marketing Remarks:Marketing Remarks: Welcome 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. Step into pure luxury as you enter this split-level penthouse featuring a 20' foyer ceiling, 3 bedrooms, 2 baths, and 2 indoor garage parking spaces. The interior boasts 2,300 sq ft of refined elegance with a stunning kitchen equipped with quartz countertops, Bosch appliances, and panoramic ocean views. A private rear entry door provides direct beach access. Ascend the custom floating staircase to find the spacious primary suite, complete with lavish amenities like a steam shower, electric window shades, LED backlit mirrors, private east and west-facing balconies, and high-end finishes throughout. Community amenities include a pool, fitness center, clubhouse, putting green, and tennis court. Show by appointment.
  • Security Features 24 Hour Security: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Open Floorplan, Split Bedrooms, Wet Bar
  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Freezer, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Cooler
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 3
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Freezer: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Wine Cooler: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Tennis Court(s), Other, Impact Windows, Storm Shutters
  • Pool Features: Community, Fenced, In Ground
  • Roof: Membrane
  • Fencing: Privacy, Vinyl
  • Acres: 5.0
  • Waterfront Features: Ocean Access, Ocean Front, Deeded Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Covered, Front Porch, Rear Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Other21: Yes
  • Exterior Features:Tennis Court(s)3: Yes
  • View:River: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Assigned, Garage, Garage Door Opener, Secured
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Secured: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1054.0
  • Association Fee Frequency: Monthly
  • Association Name: The Breakers
  • Phone: 321-727-0007
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: The Breakers
  • General Property Information:Association Fee: 1054.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Storage: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Beach Access: Yes
  • Association Amenities:Pickleball: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: Yes

Lot Info

  • Current Use: Multi-Family, Residential
  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-08-00-00527.1-0000.00
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Windows: Yes
  • Green Energy Efficient:Water Heater: Yes

Rental Info

  • Furnished: Furnished

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%
Views
38
Current Estimated Value
$951,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$348,499
Avg. Annual Appreciation
-17.72%
Original Mortgage
$766,000
Outstanding Balance
$757,315
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$194,186

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parr Joseph D $1,300,000 Alliance Title
Falco Ernest $645,000 Foundation Ttl & Setmnt Svcs
Falco Ernest $645,000 Foundation Title & Settlement
Wenk Patricia M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parr Joseph D $766,000
Previous Owner Falco Ernest $505,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $9,331 $673,070 -- --
2024 $9,129 $653,330 -- --
2023 $9,129 $634,310 -- --
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

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1011324

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-08-00-00527.1-0000.00

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