NOT LISTED FOR SALE

2005 Atlantic St Unit 424 Melbourne Beach, FL 32951

Estimated Value: $756,000 - $1,169,720

3 Beds
2 Baths
2,300 Sq Ft
5 Acres Lot

Sale Details

Date Sold: August 9, 2024

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

Est. 28% decrease in value since last sale

Current estimated payment $6,898 / mo

63 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • In Ground Pool
  • Gemini Elementary School Rated A-
  • Fitness Center
  • 5 Acre Lot

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

  • Security Service
  • 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, Clubhouse, Car Wash Area, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Security, Storage, Tennis Court(s), Pickleball, Management - Full Time, Pool
  • 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: Two, Multi/Split
  • New Construction: No
  • Reso Other Structures: Other
  • Efficiency: Windows, Water Heater
  • General Property Information Community Fee(s) YN: No
  • General Property Information CDD Fee YN: No
  • 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.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Exterior Features: Balcony, Tennis Court(s), Storm Shutters, Impact Windows, Other
  • Pool Features: 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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Assigned, Garage, Garage Door Opener, Secured

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

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

Lot Info

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

Rental Info

  • Furnished: Furnished

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Aug 9, 2024
Sold by
Bought by
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
$935,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$364,820
Avg. Annual Appreciation
-16.23%
Original Mortgage
$766,000
Outstanding Balance
$757,315
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$177,865

Purchase Details

Listed on
Jan 2, 2021
Closed on
Mar 1, 2021
Sold by
Bought by
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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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

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
$1,300,000 Alliance Title
$645,000 Foundation Ttl & Setmnt Svcs
$645,000 Foundation Title & Settlement
-- Attorney
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
Open $766,000
Previous Owner $505,600
Source: Public Records

Property 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 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • James Edmunds

    Seller's Agent in 2024

    James Edmunds

    One Sotheby's International

    (321) 349-5068

    4 in this area

    40 Total Sales

    James Edmunds
    Section Image
  • Monica McKune

    Seller's Agent in 2021

    Monica McKune

    Keller Williams Realty Brevard

    (321) 435-3379

    1 in this area

    261 Total Sales

    Monica McKune
    Section Image
  • Alice Adkins

    Buyer's Agent in 2021

    Alice Adkins

    A2Z Realty Group

    (407) 710-7770

    36 Total Sales

    Alice Adkins
    Section Image
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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

Florida Brevard County Melbourne Beach 32951

2005 Atlantic St Unit 424, Melbourne Beach, FL

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.

Space Coast MLS (Space Coast Association of REALTORS®) 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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